Resolution Copper responds to Town of Superior termination of support letter

facebooktwittergoogle_plusredditpinterestlinkedinmailby feather


By Mila Besich-Lira

Superior Sun

On Wednesday, March 6, Resolution Copper Mining issued a response letter to the Town of Superior. The letter was in response to the Town’s letter of Feb. 21 terminating the Mutual Benefits Agreement and pulling their unqualified support for the Southeast Arizona Land Exchange.

The letter provides the town with options for the town to re-negotiate the Mutual Benefits Agreement. The options suggested by Resolution Copper included that the town re-instate the mutual benefits agreement and then negotiate the terms ensuring that the terms of the 2013 financial allocation are met and that the 2014 funds could be available. The second option suggested that the town and the company establish a committee of stakeholders to re-negotiate the mutual benefits agreement and the third option was for the Town and Resolution Copper to develop another kind of financial support or partnership. All three of the suggestions require the town council to pass a resolution of support for the land exchange and mine project.

The response from Resolution Copper clearly states that while the company understands the precarious financial situation the town is in they are unable to provide financial support to the town at this time.

The response from Resolution Copper was not discussed during the regularly scheduled Superior Town Council meeting on March 7. A copy of both letters can be seen by clicking the links below.

On Tuesday morning, the Town of Superior posted an agenda to call a special meeting for Wednesday, March 13, at 7 p.m. Action items on the agenda include passing a resolution opposing the Southeast Arizona Land Exchange and Conservation Act H.R. 687 and sending a delegation to Washington D.C. to testify to Congress regarding H.R. 687.

  The Town’s letter to Resolution Copper can be read online HERE.

  Resolution’s response to the letter can be read online HERE.

admin (7654 Posts)

facebooktwittergoogle_plusredditpinterestlinkedinmailby feather
facebooktwitterby feather

Comments are closed.

  • Stories Just Posted

    Arboretum November Exhibit: Luminary Artist John Aho

    15 hours ago

    Tempe luminary artist John Aho celebrates light, both natural and unnatural. By day he excels at capturing subjects ranging from […]

    Gilbert Artists Teach Camera Basics & Fall Color Nov. 9

    15 hours ago

    Editor’s Note: Gilbert pro photographer Michael Madsen shoots with a Nikon, while Patty Van Herpen prefers Canon. The artistic duo […]

    Freeport-McMoRan Awards $60,000 Grant to Experience Matters to Enhance Women’s Economic Empowerment, Reduce Domestic Violence

    18 hours ago

    Phoenix- Experience Matters, an organization that is creating a stronger, more vibrant community by connecting the skill and passion of […]

    Cowboys, ranchers to be honored at two events

    October 29th, 2014

    Superior Chamber of Commerce will host La Noche de Vaquero, Night of the Cowboy on Saturday Nov.

  • Stories Just For You

    Valentine’s month ‘Hearts Rock’ photography at the Arboretum

    February 5th, 2014

    February is a special month for lovers, including lovers of the Boyce Thompson Arboretum (BTA). In celebration of this special […]

    Batter up for the 2014 Little League season

    February 5th, 2014

    The Superior Little League Board of directors are gearing up for another community tradition and that is Little League Baseball/Softball. […]

    Need a ride? New service available in Superior

    February 5th, 2014

    Superior – There is a new business in the town of Superior, and it is taking everyone, including the Superior […]

    Superior Police Report

    February 5th, 2014

    According to state law, police may arrest suspected offenders by two methods. The suspect may be physically taken into the […]

  • Facebook

  • [Advertisement.]
  • Arizona Headlines & Current Weather

  • Directory powered by Business Directory Plugin