Monday, July 21, 2008

UNT hopes to accelerate expansion of Dallas campus

The University of North Texas Dallas Campus plans to ask the Texas Legislature to issue $43 million in tuition revenue bonds to hasten the construction of a second building on its campus in Oak Cliff.

UNT Chancellor Lee Jackson said that the additional building was needed to grow UNT Dallas’ enrollment because its current building was already too cramped to serve its current needs that include more than 1,800 full- and part-time students.

UNT Dallas, which is under the authority of the University of North Texas at Denton, has one building which opened to students in January 2007. Its campus spans 264 acres near the intersection of interstates 35E and 20 on Houston School Road. The construction of its first building was made possible by a state bond initiative of $25.5 million.

Officials will ask for an additional $18 million in tuition revenue bonds as well as the early issuance of an already approved $25 million of tuition revenue bonds, which have been promised from the state to build UNT Dallas’s second building, under the condition that the school reach an enrollment of 1,500 student full-time equivalents.