General Obligation Bond for Higher Education.

As president, Garrey Carruthers oversees the university’s comprehensive research and land-grant functions, which serve a diverse population at five campuses, a satellite learning center in Albuquerque, 33 county and three tribal Cooperative Extension Offices and 13 Agricultural Experiment Station science centers

Dr, Carruthers (Rotarian in the Mesilla Valley Club) will be presenting information about the upcoming NMSU General Obligation Bond. Here is some of what he will discuss:

Will my property taxes go up if GO Bond C is passed?
No, you will not see an increase in your property taxes.

What is GO Bond C?
General Obligation or GO bond C will fund capital improvements at New Mexico’s
universities. It will provide $25.1M for capital outlay projects for the NMSU system.

How will NMSU use the Bond C funds?
$19.2M will go toward the upgrading and renovation of Jett Hall, Jett Annex and
Rentfrow Hall on the Las Cruces campus. The remaining funds will target infrastructure
renewal and expansion at NMSU’s community colleges: Alamogordo, $1M;
Carlsbad, $1.6M; Doña Ana, $2M and Grants, $1.3M.
Why do Jett Hall, Jett Annex and Rentfrow Hall need work?
Built in the 1950s, they house popular and fast-growing programs, including chemical,
mechanical and aerospace engineering, and dance and kinesiology. Bond C will bring
these spaces up to 21st-century standards and enhance the learning environment.

Who will benefit most from passage of GO Bond C?
Everyone with a stake in New Mexico’s future. In the decade ending in 2020, the New
Mexico economy is projected to gain about 136,300 jobs.* Bond C supports higher
education and our students—improved facilities increase student recruitment, retention and
academic success and boost the graduation rate.

What other bonds are on the ballot that will make a difference at
NMSU?
GO Bond B includes $3.5M for academic libraries statewide, including more than $500,000 in
funds to support those in the NMSU system.