January 9, 2013 – A $310 million replacement building would vault UT’s engineering laboratories, classrooms and offices into the 21st century, but there’s a catch: Officials say they need $95 million in bond money from the state Legislature. Securing that funding is one of the Austin flagship’s top priorities for the legislative session. And UT isn’t alone in that pursuit. About 50 of the state’s public universities, health campuses, technical schools and two-year colleges have requested a total of $3.6 billion in bonds. It remains to be seen whether lawmakers will authorize bonds. The Legislature cut $11 billion from primary and secondary schools, higher education, health care and other sectors in 2011.