Councilors confirm Geisel as city manager
Matt Geisel is the new Rio Rancho city manager. File photo.
City of Rio Rancho economic development manager Matt Geisel is the next city manager.
Rio Rancho Governing Body members voted 5-1 at their virtual meeting Thursday night to move Geisel to the top appointed position in the city, effective May 3. Councilor Jim Owen cast the dissenting vote.
Owen said he was disturbed that Geisel was leaving the position of acting Development Services Department director, where Owen thought he was most talented, and concerned about the direction of the city with the development director chair empty.
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 industrial revenue bonds to help recruit scientific research company Stolar Research Corp. to Rio Rancho. Mayor Gregg Hull voted in the absence of City Councilor Daniel Stoddard.