Wayne State University's Board of Governors March 11 approved the issuance of up to $132 million of callable general revenue bonds for terms of up to 25 or 30 years. The bonds will finance new construction, renovation, repair and maintenance and the refinancing of existing bonded indebtedness.

New buildings to be financed include a campus fitness center, a welcome center, a parking deck, and an addition to the Law School. The funds also will be used to upgrade telecommunication networks within certain campus buildings, complete repair and renovation projects and to reconfigure space in the Undergraduate Library to create an Academic Success Center.

The parking deck for 550 to 650 vehicles will be in the vicinity of the new College of Pharmacy and Allied Health Professions, to be located at the south end of the medical center, near John R and Mack.

The Law School addition, which will be funded in part by private gifts to the university, will provide a new front entrance to the Law School along Palmer Avenue.

The welcome center, which is currently planned for a site at Cass Avenue and Warren, will include space to house University Admissions, the Office of Student Financial Aid and other student related activities. It may also include space for the University Bookstore.