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Senate Approves Hefty National Western Renovation Plan

DENVER (AP) - The Colorado Senate has approved a $350 million plan to put Colorado State University buildings at the National Western Stock Show site in Denver.

The renovation plan is pitched as a major revitalization effort. The measure already passed the House.

The bill approved Tuesday details a plan for Colorado to enter lease-purchase agreements over the next 20 years. The money will be used to build several new Colorado State University buildings including a new equine center.

The financing plan won preliminary approval despite opposition from some that the National Western Complex would get unfair priority over other projects.

LINK: House Bill 1344

(© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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