DALLAS - The Houston Community College System will acquire two facilities it currently leases with proceeds from Wednesday's negotiated sale of $56.4 million of student fee revenue bonds.

The system will use some $36 million of the proceeds to defease long-tem leases on instructional facilities at the system's Alief campus and the Town & Country Mall campus. The remaining proceeds are allocated to the construction of a workforce building at the system's southeast campus, and renovations, improvements, and equipment for other system facilities.

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