Category: Business News

Mohave County Supervisors voted Monday to approve rezoning that will allow a couple to construct a garage on their Fort Mohave property before they build their home on the same site. The Board’s 5-0 vote of approval essentially overturned the denial recommendation of the county planning and zoning commission. Development Services Director Tim Walsh explained that the 1.25 acre parcel south of Sundance Drive and east of Nicholas Drive carries an R-O/A zoning designation requiring that homes be built before auxiliary structures. He said rezoning the property to A-R would allow Delmar and Vicki Sanders to put the garage up first….

S&P Global Ratings raised its underlying rating (SPUR) to ‘AA’ from ‘A+’ on Bullhead City Municipal Property Corp. (MPC), Ariz.’s existing series 2009 excise tax revenue and refunding bonds, issued on behalf of Bullhead City. At the same time, S&P Global Ratings assigned its ‘AA’ long-term rating to the city’s series 2019 excise tax revenue and revenue refunding obligations, which will fully refund the series 2009 bonds. The outlook is stable. “The raised rating reflects the application of our ‘Priority-Lien Tax Revenue Debt’ criteria, published Oct. 22, 2018, on RatingsDirect,” said S&P Global Ratings credit analyst Alyssa Farrell. Our assessment…

The City Manager’s Office released the following statement related to Bullhead City filing a state court lawsuit against the manufacturers and distributors of opioids: Bullhead City has filed a lawsuit in Mohave County Superior Court seeking damages for the societal and financial harm it has suffered at the hands of those responsible for the opioid crisis—the manufacturers and distributors of opioids. The City is seeking a return of taxpayer dollars lost as a result of the opioid crisis and other relief to support the residents of Bullhead City. Our community has suffered as a result of the crisis created by…