(a) In this section, "institution of higher education" has the meaning assigned by Section 61.003, Education Code.
(b) The commission may enter into a joint agreement with the governing board of an institution of higher education to finance and build a conference center and other appropriate related facilities to be located in or near a state park.
(c) A facility built under this section must be operated cooperatively to provide benefits to the department and the institution of higher education in accomplishing the purposes of the department and the institution.
(d) The commission and an institution of higher education may use any funds, property, or other assets available to finance and build a facility under this section.