City agreement would clear up debt from closed company
City agreement would clear up debt from closed company A crowd celebrates the opening of Stolar Research Corp.’s Rio Rancho building in 2013. The company closed in 2015 and dissolved in 2018. Nature’s Toolbox is now leasing the facility. Dean Hanson file photo. The Rio Rancho Governing Body has approved a settlement arranging for a private company to catch up on back payments it owes through a 2013 economic development agreement. During their virtual meeting Thursday evening, governing body members voted unanimously to update the ordinance that authorized the issuance and sale of industri...
Source: rrobserver.com
