September 20, 2022
FOR IMMEDIATE RELEASE
CONTACT: Donna Oracion, Director, College Development
Bond Issue Funding to Enhance ENMU-Roswell Campus Safety
In the November 8 General Election, voters will be asked to invest in public colleges, universities, and specialty schools across New Mexico. General Obligation Bond 3 (also referred to as Bond 3) will provide $215.6 million to renovate and modernize educational facilities. If approved by voters statewide, Bond 3 will provide money to accomplish this goal by not increasing property taxes (as verified by the New Mexico Department of Finance and Administration). This is not a new tax or an increase in the rate of the existing property tax.
Approval of Bond 3 will mean an allocation of $2.475 million for ENMU-Roswell to fund critical fire suppression safety improvements in three campus buildings: Arts and Science Center, Lawrence C. Harris Occupational Technology Center, and the Physical Education Center. NMMI would receive $4 million for the expansion of Bates Dining Hall. ENMU in Portales would receive $9 million for the construction of a new student Academic Services building.
“These three buildings on the Roswell campus are utilized extensively by our diverse student body, including those enrolled in Special Services and Early College High School classes,” said Dr. Shawn Powell, President, ENMU-Roswell. “We maintain our facilities with existing campus resources to the best of our ability, but the funding we would receive through Bond 3 is the only way we can complete large capital projects like this, so we appreciate the consideration of voters during this election.”
Passage of Bond 3 is also estimated to create approximately 2,000 new jobs in 23 communities across New Mexico in construction, architecture and related fields, adding to the state’s economic development and gross receipts tax revenue. Bond 3 will help maintain the educational institutions New Mexicans have already invested in, and give colleges and universities the resources needed to continue providing safe, quality educational environments.
Absentee voting and in-person early voting begins on Tuesday, October 11, 2022. Expanded early voting is scheduled from Saturday, October 22 through Saturday, November 5, 2022. Election Day is Tuesday, November 8, 2022 with polls open for in-person voting from 7 a.m.-7 p.m.
For additional information about General Obligation Bond 3, including a detailed list of projects the bond would fund throughout New Mexico, visit www.bond3fornm.com