☰ Revisor of Missouri


Chapter 174

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  174.345.  Long-term concession projects, concession agreements with private developers permitted. — Nothing shall prohibit an institution under this chapter from entering into a long-term concession with a private developer to construct, operate, maintain, and finance the project in exchange for annual payments subject to abatement for nonperformance.  For the purposes of this section, a "concession agreement" shall be defined as a license or lease between a private partner and an institution of higher education for the development, operation, maintenance, or finance of a project.


(L. 2019 H.B. 1088)

---- end of effective  28 Aug 2019 ----

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