Like most homeowners and businesses, the City of Sierra Vista borrows money to pay for things like facilities.  The City has to monitor its ratings in order to keep interest rates low and ultimately to save taxpayers’ dollars. 

The following is a press release from Save the Scenic Santa Ritas

Rosemont Copper CEO Rod Pace is now admitting the company did not disclose a corporate bankruptcy of two of its key officials to Arizona authorities. Pace acknowledged that Rosemont’s parent company, Vancouver-based Augusta Resource Corporation, reported to Canadian regulators that two of its top officers had been involved in a corporate bankruptcy. He claimed, however, that Rosemont is not required to make those disclosures in Arizona.