University of New Mexico will split a planned $100 million bond issue that will fund expansions to campus facilities over the next two years.
The UNM Board of Regents approved the divvying Friday, with the first $55 million in bonds to be sold in January and the second $45 million to be sold a year later.
School officials say the first bond will pay for the first phase of renovation for the Johnson Center, new buildings for the Anderson School of Management and renovations of Smith Plaza.
The second one will go toward a new physics and astronomy facility and a child care program.
Student government leaders say the majority of students support the Johnson Center project despite a likely rise in student fees.
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Information from: Albuquerque Journal, http://www.abqjournal.com
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