The University of New Mexico has lost out big time because of the greed of the Board of Regents and administration back in 1985. It has now been announced by Forest City, the developers of Mesa Del Sol south of the Albuquerque International Airport, that they are pulling out. This development should be a prospering community by now but the conflicted Board of Regents back in 1985 killed the development of the planned community because they wanted to figure out a way of taking the land held in trust for them by the State Land Commissioner and getting it into their own hands, thus depriving the permanent fund of the money. I was Commissioner at the time and had worked closely with UNM to make sure the planned community would work. I even parceled out a 480 acre section for them to use as they needed. They agreed to the process but when bids were opened on the first 2700 acre allotment the Board of Regents, heavily salted with conflicts of interest from westside developers, stopped the process and the winning bidder walked away.