$196M OKed for South Texas university, med school

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by KVUE.com

kvue.com

Posted on November 14, 2013 at 10:26 PM

Updated Thursday, Nov 14 at 10:26 PM

AUSTIN (AP) -- University of Texas regents have unanimously approved nearly $200 million to build a new campus and medical school in the Rio Grande Valley near the Texas-Mexico border.

The South Texas campus and medical school projects were approved last year by the university system and this summer by the Texas Legislature.

But Thursday's vote by the Board of Regents funds the plan, allocating $142 million for campus construction. Another $54 million will go toward building the medical school.

The allocation came from the multibillion-dollar Permanent University Fund.

As the measure passed, board members and those watching their meeting from a packed public gallery nearby climbed to their feet to applaud.

Board of Regents Chairman Paul Foster called the vote "a proud day for the state of Texas."

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