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RMI appeals decision in case against Garfield County over quarry jurisdiction dispute

RMI appeals decision in case against Garfield County over quarry jurisdiction dispute
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Judge rejects RMI lawsuit against Garfield County

Peter Baumann / Post Independent A Garfield County District Court judge on Saturday rejected a lawsuit filed by a Denver-based mining company alleging Garfield County government could not regulate their rocky quarry mining operation just north of Glenwood Springs because it’s on federal land. Rocky Mountain Industrials initially began mining 15.7 permitted acres near Transfer Trail. RMI later sought to expand operations to 447 acres, which would have increased truck traffic from about 20 truckloads per day to as many as 500 daily between 9 a.m. to 4 p.m. In response, the Glenwood Springs Citizens’ Alliance filed a complaint with Garfield County over suspected permit violations allegedly committed by RMI. The alleged five major violations ranged from RMI “extracting and selling materials outside of the original approvals” made by the county to “size of the operations exceeding the permitted size.”

Rocky Mountain Industrials Completes $65,209,784 Financing

Rocky Mountain Industrials Completes $65,209,784 Financing News provided by Share this article Share this article DENVER, April 19, 2021 /PRNewswire/  Rocky Mountain Industrials Inc. (RMI), Colorado s next generation infrastructure company, announced today that its 620-acre Rocky Mountain Rail Park located in Adams County raised $65,209,784 toward expedited completion of the Rail Park s construction.  The transaction was solely underwritten by Piper Sandler & Co. After working with the development team for over a year on a complex transaction, we are thrilled with the outcome and the market receptivity of the developer s vision for the project, commented Piper Sandler & Co. Institutional investors who participated included BlackRock, JPMorgan Asset Management, Wells Fargo, and Invesco, along with other regional investment funds. 

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