✖ Close Social Content

Rose’s Southwest Papers Gets Industrial Revenue Bond Approval for Expansion

05/29/2019

Bernalillo County commissioners approved $12 million of industrial revenue bonds for Rose’s Southwest Papers in the South Valley.

The bonds are part of a two-part series. The $12 million is to fund the purchase of equipment and improvements to the existing facility. The commission will consider another series of bonds for $8.2 million at a later date.

“This is proof that the businesses in Bernalillo County are continuing to grow and prosper,” says County Commissioner Steven Michael Quezada. “Rose’s has been a fixture in the valley for many years and is expanding and creating much needed jobs in our community.”

The expansion of Rose’s Paper is expected to generate more than $2 million in local stimulus supporting 63 direct and indirect construction jobs.

The county issues industrial revenue bonds backed by investors. Repayment of the bonds is calculated at 4.4 years.

The commission approved the bonds on a 5 to 0 vote.

back to list

View All Events
Latest news
  • Bernalillo County Parks & Recreation Open Space Department is hosting a District 2 capital project open house to update plans for the South Valley Pool, South Valley Little League, Westside Community...

  • County Commissioners approved project revenue bonds for construction of the Ceja Vista Senior Apartments and industrial revenue bonds for expansion of Rose’s Southwest Papers. DBG properties will ...

  • County Commissioner Steven Michael Quezada and City Council President Klarissa J. Peña invite the community to learn more about the next phase of the Route 66 Visitor Center project. A community m...

Upcoming Events
  • The community is invited to a weeds maintenance and management meeting scheduled on Wednesday, Oct. 16 at 3:30 p.m. at the South Valley Multipurpose Center, 2008 Larrazola Road SW. Learn about the glyphosate ban and help to find solutions to weeds maintenance.
    Location:
    South Valley Multipurpose Center, 2008 Larrazola Rd. SW
    Time:
    10/16/2019 3:30 PM

  • See flier for details.
    Location:
    Los Padillas Community Center, 2117 Los Padillas SW
    Time:
    10/16/2019 6:00 PM - 10/16/2019 7:00 PM

  • South Valley MainStreet and Bernalillo County host La Familia Growers’ Market every Friday, at 4:30-7:30 p.m. at Dolores Huerta Gateway Park, 100 Isleta Boulevard SW. The La Familia Growers’ Market at Dolores Huerta Park returns for its sixth year. Local growers and independent artisans will be offering their fresh and unique creations each week. A children’s playground, free face painting, food trucks and music will be available throughout the summer. Multiple vendors also accept SNAP, double-up food bucks, and WIC farmers’ market checks. For more information call the market at (505) 877-0373, or email MainStreet at southvalleymainstreet@gmail.com.
    Location:
    Dolores Huerta Gateway Park, 100 Isleta Boulevard SW
    Time:
    10/18/2019 4:30 PM - 10/18/2019 7:30 PM

Powered by Real Time Solutions - Website Design & Document Management