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Eastern New Mexico University will be renovated with bond approval
<p>Eastern New Mexico University will be renovated with bond approval</p>

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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