**OFFICE Of**  **THE AlTORNEY**  **GENERAL Of**  **TEXAS AUSTlN**  OROVKR sLLLcns AwouavOUQIL

Hon. J. A. iilll, west Teur 

### aat. canyon, Toxu Daar Sir: Prerldent



### Tmohrrr 30llrge 09lnlon Ho. O-7315 Authority o? Nest Texar



### I the ra&ar **dornitory** lien, and the7 understand

\ y 

### ior the oollegr to borrow aonoy ror the 

### d to pl@dgr the **above** drsoribed **revenue8 ia**  **0** statute8 **as rot**  **out below** rpeoitioationr ha:. **bma** 

### l ppruv 66

**by the**  rerpeotlire Oovunlng Boardr; prodded, however, that the LegIt lrtum shall never make an ap p" priatloqout or th8 

### gonrral twiti or thlr &ate,l thu ii-2 the 

### rogulu

ke. 2 - .4. l ,.*

: **+iui ad6**  **B06rdr** a re fb r the r

l utho rlse6

00 m ake any umtnot dth nr0rubw to the 0oUeotion l a 

### dlrpoalt$arrerthe **m-08** 

### d.rlwArrao.~ **bulldlngao** l onrtruoto4 in 

### the aopul8ltlon 

### or l c nwtri r otlon

ma.nagc wit en6 mintomnoe of any bul1dl.n~ 

### or bud aoq re6 hereunder. ui 

### In rafueaee 

### to

the l oqul81 ion or -Y 8tWhnt 

### l

otirity buildings, 8tadia, **-61& rsd**  **ti** ahamoter Of athletlo buUd ?r said Boub are authorins6 al8o to ti eontraotr d ramw tO th0 oolleotion **8n6 dispO8itiOn**  **0r** rovonu88 to **60011~ )s** noh nr)eotlw ixutltutionr -01 ti •~ iror

#id la8titutlO~, l

### # -11 aa at Ul inrtltutlon8I 8" sac in mtl8lpatl0a or the eollootloa or 8ueh rev* oh0 8mt u Ibr

Tkh 3. **Subjeot** to tha above rerrtrlotlona,


### not k aa **kdebtednesr** or **the** bt8tr **of %PI,**  but' **8hall be.pqable**  iolelr from the xwvuw88 to be derived trar tii8 opention of 6tid bulldingr;~ptideA that l mh **bada ~4**  **bo rdinanoo4**  **br ULO** **wla Bar&r**  ***-TU rub**  **88ti~ i8**  rarml **by ah0**  **md to**  **k M0~88~~** 

.,ìe

l 0 l Sea . 4 Vaah of raid Board8 ir l uthorlaed and ompewered to pledge all or a part Of 8U8h retenu8a to the payment or rurh tionti,

ox notet, **md** ~to l ntu 8wh 8greementm regarding the lapo8ltlon or auftLient &hegem sad the

. oolleotltm, ple@e'and 

### U8968ltlon oi ru6b rownuea 88 

### it may deem

proper. 

### In ml1 on868 where ulatlng bul14- lng8 or **rtruoturos** a-0 rop6tirodor 8nlargod or to vhleh0 . . . .

&

### ledge the va~tali or 

### 6ormltorle8, oettagoe, 0Q l **thrr owe**  **brulry alArgae8nt.**  **o?** 

### l **autzwtim meh**  **bmr6 smy**  dOr W+OS8UJ," 

### Artlola

2909a,

**V.A.Q.8., sea.**  **1.**



## 8x1& l tadlum, anl.rhall 

### nover **be** stat8 AOT any 8pproprlatlon u&o **br** 

### l Ut8t eau. I.ë**.**

**mm. t.**  **A. Rul,**  **.Jaga 9** 

**be. b.** 

ahall bo 8 rooond lien on 8a.M **net** rewnuu, 

### reuta, rOO8 

### rlla inowe 

### and shall 

### k interior to my ou%-

In nprd to pledging 8urplor 

### or unu8ed revenue8 rm the regular don&tory 8y8tQ ror the jmpent of the obligtlar

### u:1pur atkatiato 8ha ibw te the bond r.oeH of mah ba!alte~ a0 **bUU8tip~** 00 iu0 88 **th0** 8t8tO



### 8d Naktirl~ Revenue 8na + Ua8titUk l **tlrat** lien on oaprla* the 

### rrguhr iomltorler and U-b0 nat8torlta U the 

### l ello8e. me bond order Or th8t 18me. repltod that **8** Bond ?und **18** 

### unted W \Qieh

**emount,** oy **UO,88 net**  **PW8LIIU** 

### In theBond 

### hmd'lar7 ba ume4 rOr 

### UIJ $8rftd **PuIpoIU.** 

### ,

!he &20,000 Building Rerenuo Bon&, Serlu 1946, 

### wtltute a r nt lion on the 

### not rewonue8 ot **eerWn bullainsl,**  **f 8arutruotod**  

### withtb pooeod8of thlaiuoe oaqrlaina l oontral unlng ml; **Il*+8** 

### tormltory buirrhg, aId rooperativa 

### houw rap? **(10111611. %e**  **band** 

### order **Of thi.6**  **i88Ue OrSat@**  **8** 

### bondtid lnu

### la. t. A. Ull, p880 

### 7

ime a8 thuo 

### $8 ln aueh Bond 19 **-t** full rrcniolent **to )ay**  **all OUt8tUdhg**  **debt BUTbe**  **d OLiO**  h8Uu 

### 4 lxoe88 **not revaBuu**  **ever cad**  **rbave the**  **uouat rwdrad**  **k bo**  **pai4 lS$OthOBOtiM.**  

### maykiuedfurg **xl0** bo Qoporitd 

### lathe ni& Bon4Pun& or r 

### lmfulpurpwe~

hb)eot te the 

### l

lq~o. you .re adrls.4 **th8t tqr**  **h8t TOW**  

### wnoy tar the purpou 8et out in your lettar m4 to plwQ• 

### thenfor the mmmw8 l.l8te(l in mmh 18ttar, prmidod 8ll 

### l **pplleable** 

### rqub$iOU U'O8tdO~a,EOX'W&