the construction of Corsair Stadium, which began in 1946 and was completed in 1948. In 1969, the college secured its own governing board under the creation of the Santa Monica Junior College District. In 1970, the school changed its name from Santa Monica City College to Santa Monica College. Financial crisis Santa Monica College experienced a financial crisis in 1972 when the state of California changed the age of majority from 21 to 18. Since the state paid $40 more per unit of attendance of minors than adults, the change cut SMC's budget in half. Additionally, state funding for community college students in California went to the student's home district and not the college's district. SMC had a contract with the City of Los Angeles to finance students from Los Angeles but since one-third of SMC students were from districts outside of Los Angeles the city would lose even more funding. As a result, Los Angeles planned to cancel its financial compensation contract with SMC. The college consequently sent termination letters to all faculty and staff, effective September 1972. The crisis was halted on March 8, 1972, when the California State Senate passed a bill temporarily exempting community colleges from the financial effects of the change in the age of adulthood. On March 21, 1972, the college renegotiated its contract with the City of Los Angeles and rehired its faculty and staff. In 1980, the college built a new library and transformed the previous library building into the Letters and Science Building. 21st century In 2012 Santa Monica College received national attention due to a controversial plan to create a two-tier system of education in which more "popular" courses would be offered at higher costs. Protests at a board meeting immediately following the plan's proposal led to several students being pepper sprayed. A report on the event resulted in an officer's dismissal. The report also faulted several members of the protest for provoking officers. Some people exclaimed "We got pepper sprayed! We won" after the incident. 2013 shooting On June 7, 2013, a killing spree occurred in Santa Monica that left a total of five people dead, including the gunman and injured five others. The incident started several miles off-campus before the gunman traveled to SMC and entered the college's library, where he was later fatally shot by police. School officials put the campus on lockdown as Los Angeles Police