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NM College Selling Naming Rights To Buildings

Central New Mexico Community College plans to raise scholarship money by selling naming rights for all of its buildings.

CNM Foundation Executive Director Lisa McCollough says it's a great opportunity for purchasers to leave a legacy in their community while investing in the area's economy and its workforce.

The college has approximately 300 buildings on its seven campuses in Albuquerque and Rio Rancho.

KRQE-TV reports that the college reserves the right to remove any name if circumstances warrant it.

The University of New Mexico is currently seeking a sponsor for its basketball arena, The Pit.

Information From: KRQE-TV.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.