Eastern New Mexico University will be renovated with bond approval

Eastern New Mexico University will be renovated with bond approval

Eastern New Mexico University Renovation Bond Approved (with video)

The New Mexico Higher Education Department approved an $18 million bond proposal to renovate the library, campus apartments, and to build a multi-purpose athletic center at the University of Eastern New Mexico in Portales, N.M.

The New Mexico Finance Authority approved the bond last year, Nexstar Broadcasting reported.

The University refinanced $6.4 million of the bond and received an interest rate that will save up to $605,000 over 10 years.

School representatives will meet with the New Mexico Board of Finance, which will make the final approval, next month. 

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