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Bond issue would fund needed improvements at NMSU-Carlsbad

New Mexico State University-Carlsbad will receive $1.5 million for needed building repairs if voters approve Education Bond Issue B on the state's general election ballot Nov. 7.

de, Bond Issue B includes nearly $118 million for capital improvements to New Mexico institutions of higher learning and constitutional special schools. The NMSU system of campuses would receive $22.9 million if the bond issue is passed.

"If approved, these monies will be used to correct the backlog of deferred maintenance and building renewal and replacement needs throughout various colleges and universities in the state," said Russell Hardy, campus finance officer at NMSU-Carlsbad.

The Carlsbad funding will be used to replace the roofing membrane on the main and instructional buildings and to replace worn carpeting in the main, instructional and computer buildings. Any remaining funds will be used to repaint the interiors of the main and instructional buildings.

"The roof on the instructional building as well as the carpeting and painting is original and has not been addressed in 20 years," Hardy said. "Portions of the roof of the main building have been replaced, but about 75 percent of the roof is original and has never been replaced."

The NMSU-Carlsbad campus serves more than 1,200 students in southeast New Mexico.

"Student learning is enhanced when students have an atmosphere that is conducive to learning," Hardy said. "This is achieved by providing classrooms and common areas that promote a pleasing and professional appearance."

Hardy said safety is another concern.

"We have had to do some mold remediation projects due to buildup from a leaking roof," he said. "These deferred maintenance issues will not only promote student learning but also may prevent unnecessary illnesses due to mold or moisture problems."

General obligation bonds are a traditional method of financing educational facilities in New Mexico. The bond issues are repaid with property tax revenues. The cost will equal about 32 cents per $1,000 of the taxable value of property - down from 34 cents during the 2002 bond cycle.

Sept. 19, 2006
Julie M. Hughes