Senate approves capital money
Published: Monday, February 13th, 2006
SANTA FE — The Senate unanimously approved a measure on Monday to finance nearly $144 million worth of capital improvements for universities, colleges, senior citizen centers and libraries. Projects for Eastern New Mexico University and Clovis Community College are included in the measure. Senate Bill 301 authorizes general obligation bond financing, if approved by voters in the November general election, for hundreds of projects across New Mexico. The measure now goes to the House. About $112 million is allocated for education projects, $22.5 million for senior citizen facilities and equipment and $9.1 million for library books and equipment at public schools, colleges and universities and public libraries across the state. Among the projects: • $3 million to build and furnish an allied health center at Clovis Community College. • $4.5 million to equip and construct a music building at Eastern New Mexico University in Portales and $4.5 million to upgrade and furnish the university’s dental clinic facilities in Roswell. • $12 million for renovation and expansion of Gardiner Hall at New Mexico State University. • $7 million for a science and mathematics learning center at the University of New Mexico. • $3 million for a Native American cultural center at NMSU. • $7 million for renovation of Dillon and Connor halls at the New Mexico School for the Deaf in Santa Fe. • $3.8 million for expansion of Dow Hall at New Mexico Military Institute in Roswell. • $6.5 million for renovation of Kelly and Jones hall at New Mexico Tech. • $6 million to renovate and expand the Juan Chacon building at Western New Mexico University. • $3.5 million for construction of the Felix Martinez building at New Mexico Highlands University. • $3 million for equipment and construction of an allied health and science building at Santa Fe Community College. • $1 million for remodeling the testing center at New Mexico Junior College in Hobbs and $950,000 to remodel the cowboy hall of fame at the school. • $12 million for a main campus classroom and technology building at Albuquerque Technical-Vocational Institute. About 160 senior citizen projects would be financed, ranging from nearly $1.5 million to construct and equip a senior center at Laguna Pueblo to $3,000 for equipment for the Eunice senior center. General obligation bonds are backed by property taxes. The bond money is one part the capital financing that lawmakers will consider this session. Lawmakers also will allocate money from the state’s cash reserves as well as bonds backed by severance tax revenues to pay for projects.
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