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Can the 2 mill equivalent appropriation for university developmental research schools be used for the purpose of a lease or lease-purchase arrangement?

April 26, 2017appropriation Developmental equivalent lease purpose Research schools Used

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Can the 2 mill equivalent appropriation for university developmental research schools be used for the purpose of a lease or lease-purchase arrangement?

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Pursuant to Section 1013.64(3)(c), F.S., nonbonded PECO funds may be used to lease relocatable educational facilities for up to 3 years. The 2 mill equivalent appropriation is funded from PECO bond proceeds. Based upon this, the 2 mill equivalent for developmental research schools would not be an appropriate funding source for lease or lease-purchase arrangements related to relocatable classrooms.