CNM Seeks Voter Approval of Bonds

CNM is seeking voter approval of $84 million in bonds that would allow the college to implement much-needed facility upgrades that would provide students with improved learning environments, helping CNM to produce a more prepared and skilled workforce for the region’s economy.
The CNM Local Bond Election will take place on Feb. 2. 
If the bond passes, the largest of several projects that would be funded by the $84 million would be a renovation of the largest and most utilized classroom building on CNM’s Main Campus, Max Salazar Hall. The renovation would include transforming outdated classrooms into the kind of 21st century learning environments that students need in order to learn at optimal levels and compete for the jobs of tomorrow. The 93,000-square-foot Max Salazar Hall was constructed in 1991 and hasn’t undergone a major renovation since despite being the most used CNM building for 24 years. It is home to 56 classrooms, the most for any CNM building. The project would also include the installation of more energy efficient HVAC systems, which will save significant tax payer money over time.
For the first time since CNM’s property tax mil levy was first introduced in 1996, the college is seeking a slight increase to the tax rate for property owners in the CNM District. If the CNM bond is passed, it would result in just a $29.10 property tax increase per year on a house with a market value of $200,000 (approximate average home value in the region).
The passage of the CNM Local Bond is very important for not only CNM, but our community, our economy and the thousands of students who come to CNM each semester with the hopes of getting the kind of 21st century education they need to compete for the jobs of tomorrow,” CNM President Katharine Winograd said. “CNM has been so fortunate to have the devoted support of our community for 50 years. And we are asking for our community’s support on Feb. 2 in a time of need for CNM.”

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