Two of Oregon’s largest universities plan to form new oversight boards and carry out major building projects – thanks to new legislation approved Monday in Salem.
University of Oregon president Michael Gottfredson called his school’s ability to form an independent board a “great opportunity and a great responsibility.”
Portland State officials, including spokesman Scott Gallagher, say the legislation will give the school a board with a local mission.
“Focused specifically on PSU: what’s best for PSU, for the students, for the campus as a whole, how best to move forward, and how best to raise money,” said Gallagher.
The big universities are also happy legislators approved construction bonds.
Lawmakers authorized nearly $240 million in bonds for U of O for projects ranging from a student center expansion to housing.
PSU will spend much of its $74 million in capital funds to carry out a planned expansion of its business school.
The governor is expected to sign both bills.