Want to pass along the Good News for the progress and development of Rio Rancho! The two votes which would allow CNM -Central New Mexico Community College - to begin construction in the City Center area of Rio Rancho both passed soundly. CNM plans to begin construction on a $20 million facility they intend to use jointly with UNM. Below is a quote from a local news source.....
"Homeowners outside of the current tax district who live just north of Northern Boulevard approved CNM's consolidation effort, giving what city leaders believe will be a shot in the arm for the development of the new downtown area built around the Santa Ana Star Center and city hall. CNM and the University of New Mexico, as part of the campaign to woo voters, promised to build a $20 million joint facility nearby with success in Thursday's vote."
Hooray... CNM has already laid the groundwork for their 40 acre campus with the land secured and $20 million ready to go for construction. They have plans to break ground soon.
Because of a landmark partnership between CNM and the University of New Mexico, the first CNM campus building in Rio Rancho would offer UNM courses when it opens in January 2010. A "2+2" agreement between CNM and UNM will allow Rio Rancho students to take the first two years of a UNM bachelor's degree through CNM. This would greatly reduce the cost of a UNM degree because of CNM's well-known commitment to low tuition and high-quality instruction.
What does this mean for our Rio Rancho land owners and buyers...we think great things, as the more developed the downtown becomes, the more services they will need and the more people will want to live and work there.
All the best,
Tracy
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