By Barry Massey
The Associated Press
SANTA FE — Colleges and universities are banking on a statewide advertising campaign to help avoid a repeat of two years when New Mexico voters rejected a property tax-backed statewide bond proposal to finance renovation and construction projects for higher education.
The private fundraising foundations of colleges and universities have contributed nearly $261,000 to a political committee advocating voter approval in the general election of $119.4 million for infrastructure projects at campuses across the state.
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