Indiana Code Title 21. Higher Education § 21-34-5-1

(1) provide funds with which to pay part or all of the cost of any building facility, work, act, or undertaking authorized by IC 21-34-2, IC 21-34-3-1, or IC 21-34-3-3;

(2) pay part or all of the cost of acquiring real or personal property by purchase, lease, sublease, condemnation, trade or exchange, or otherwise as provided in section IC 21-34-3-4;

(3) pay part or all of the cost of improving any of the property;

(4) pay the principal of and interest on bonds issued under this article;  or

(5) perform the obligations of any joint-use agreements made under IC 21-34-4;