Areas set aside for improvement

The state board of regents is authorized to: 1. Set aside and use portions of the respective campuses of the institutions of higher education under its control, namely, the state university of Iowa, the Iowa state university of science and technology, and the university of northern Iowa, as the board determines are suitable for the acquisition or construction of self-liquidating and revenue producing buildings and facilities which the board deems necessary for the students and suitable for the purposes for which the institutions were established including without limitation: a. Student unions, recreational buildings, auditoriums, stadiums, field houses, and athletic buildings and areas. b. Parking structures and areas. c. Electric, heating, sewage treatment, and communication utilities. d. Research equipment. e. Additions to or alterations of existing buildings or structures. 2. Acquire by any lawful means additional land deemed by the board to be desirable and suitable for any or all of the aforesaid purposes. 3. Construct, equip, furnish, maintain, operate, manage, and control any or all of the buildings, structures, facilities, areas, additions, or improvements enumerated in this section.