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    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.

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    Upcoming Events
    • Bernalillo County, along with U.S. Senator Martin Heinrich and Congresswoman Deb Haaland, are hosting a health care resource fair on Friday, Nov. 22 at the South Valley Multipurpose Senior Center from 9 a.m. to 3 p.m. Get a free health screening and receive information on health insurance and other health care benefit programs. For more information call (505) 346-6601, (505) 346-6781 or email heinrich_events@heinrich.senate.gov.
      Location:
      South Valley Multipurpose Senior Center, 2008 Larrazolo Rd. SW
      Time:
      11/22/2019 9:00 AM - 11/22/2019 3:00 PM

    • There will be health services, fun activities and much more! Call (505) 962-7401 or email cynthia_baldonado@bcbsnm.com for more info.
      Location:
      Los Padillas Community Center, 2117 Los Padillas Rd. SW
      Time:
      11/22/2019 5:00 PM - 11/22/2019 7:30 PM

    • See flier for details.
      Location:
      Los Padillas Community Center, 2117 Los Padillas SW
      Time:
      11/23/2019 9:00 AM - 11/23/2019 10:00 AM

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