New Mexico State University Regents approve bond process that will finance football locker room

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LAS CRUCES – The stars seem to have aligned for the New Mexico State athletics department.

As the Aggies programs are set to enter Conference USA next year, the locker room facility for the Aggies football program has been a glaring need, but without a funding source outside of the athletic department, a new locker room was simply not possible.

That is exactly what happened during a New Mexico State University Board of Regents special meeting on Wednesday. The Board approved an issuance of revenue bonds to the tune of $28.5 million that will be used to finance four facility improvement projects across campus, including a $15 million locker room addition inside Aggie Memorial Stadium, across from the Hall of Legends.

The Regents voted 5-0 to authorize the administration to proceed with the issuance of revenue bonds and delegates authority to approve the final terms of the bonds.

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