Loan sought for Spaceport America visitors center

Created: 07/03/2014 1:05 PM
By: The Associated Press

LAS CRUCES, N.M. (AP) - The New Mexico board that oversees Spaceport America is seeking a $6.5 million loan to build a visitors center in Truth or Consequences

The Las Cruces Sun-News reports that the New Mexico Spaceport Authority board on Tuesday approved a measure that will enable it to seek the loan from the New Mexico Finance Authority.

According to Spaceport Authority Executive Director Christine Anderson, options for repaying the loan include using money from county-level sales taxes used for spaceport construction and revenue from Virgin Galactic's lease of spaceport facilities.

Spaceport officials previously planned two visitors centers, one in Dona Ana County and one at the spaceport site in Sierra County.

However, officials say delays in spaceport operations and other developments have meant that previous funding plans haven't panned out.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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