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New Mexico GO Bond Frees $139 Million for 2-Year College Construction says Construction Reporter

Industry: Real Estate

New Mexico's GO Bond passed by 56 percent of vote freeing $139 million for construction and renovation of 2-year colleges including Hobbs, Santa Fe, CNM.

New Mexico (PRUnderground) December 19th, 2014

New Mexico’s General Obligation Bond C was passed by 56 percent of the vote last month, freeing $139 million for building and renovations of 2 year colleges across the state, thus fueling New Mexico’s construction industry.

Some projects include 5 million for construction of a the Health Wellness Learning Center adjacent to the Hobbs campus of New Mexico Junior College.  The partnership overseeing this project includes the City of Hobbs, Hobbs Municipal School District, and the non-profit J.F. Maddox Foundation.

Other projects include $2 million for renovations at Dona Ana Community College in Las Cruces, $1.3 million for design and improvements to one of the Las Vegas-based Luna Community College campuses,

The $5 million wellness center is just one of a handful of building and renovation projects at two-year colleges across the state that now have money due to the passage of the $139 million GO Bond C.

The Bond C allotments for those projects include $2 million for the renovation of 8 classrooms and the planning, design and building of safety infrastructure improvements at Dona Ana Community College in Las Cruces; and $1.3 million to design and build improvements at one of the Las Vegas-based Luna Community College’s campuses.

Santa Fe Community College has been alloted $2 million for a series of updates at the school’s Waste Water Treatment Plant and other renovations.

The largest Bond C project is a $10 million project for major renovation of Smith Brasher Hall at the Albuquerque campus of the Central New Mexico Community College (CNM).

Full article here.

 

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Founded in 1949 to provide New Mexico contractors with local project information, Construction Reporter has grown steadily in size and coverage area, today serving the commercial construction industry throughout the Southwest. Our mission is to help our customers succeed by delivering reliable, comprehensive, up-to-the-minute information on projects in planning and out for bid in New Mexico and the surrounding states. We are passionate about helping our member companies grow by delivering the most bidding opportunities, the most efficient bidding tools, and the most industry exposure of any news service in the region.

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