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Thursday, October 25, 2012 - 20:38
LAS CRUCES — As Las Crucens head to the polls, they can expect to vote on what's called the "GOBond," or "General Obligation Bond C," which will have an impact on NMSU students.
If approved, the NMSU system would receive a total of $24 million dollars with the majority of it going to towards the renovation of Hardman and Jacobs Halls on the Las Cruces campus.
Jacobs and Hardman Halls are 49 and 38 years old, respectively, and house classroom and computer labs used by most of NMSU's students.
Nineteen million dollars of GO Bond C would bring the aging space up to 21st century standards.
We spoke with the vice president of economic development at NMSU who says approving the go bond, will not increase taxes.
"No tax increase at all. and i think one of the real features of Bond Issue C, is now we've actually begun the process of refurbishing buildings instead of building new ones," he said. "I think that's a legitimate and smart thing to do in this economy."
Of the remaining funding, $2 million will go to Doña Ana community college for infrastructure renovation, and $1 million would go to each of the campuses in Alamogordo, Carlsbad, and Grants, New Mexico.