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Entries posted by john.hazlehurst
Hazlehurst: Council puts kibosh on Xcel’s interest in Utilities

The Colorado Springs City Council (in its dual capacity as the Utility Board) met Wednesday and ignored Xcel Energy’s June 28 offer to enter into a non-disclosure agreement with Xcel subsidiary Public Service Company of Colorado “with the specific intent of exploring over the next 60 days if there is a value proposition that would… Continue Reading Hazlehurst: Council puts kibosh on Xcel’s interest in Utilities

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Olympic Museum organizers wrap up USOC deal

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The U.S. Olympic Museum’s organizers announced Thursday that they have inked a deal with the U.S. Olympic Committee for their project to be, in name and in fact, the official U.S. Olympic Museum. Here’s the press release: The United States Olympic Museum announced today that it has signed a 30-year agreement with the United States… Continue Reading Olympic Museum organizers wrap up USOC deal

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Two years ago, Kansas Gov. Sam Brownback signed a bill that slashed that state’s top income tax rate by 24 percent and made smaller reductions for low-income filers. As the Center for Budget and Policy Priorities pointed out, the measure “fully exempted business profits that are ‘passed through’ from the firm to individual owners. No… Continue Reading Kansas offers tough lesson in tax-cut consequences

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Dreaming of a downtown five-plex

Small developers find different obstacles every step of the way What’s the key to downtown development? Is it City for Champions, tearing down the Martin Drake Power Plant, or is it something else? We don’t know. But regardless of your position on C4C or Drake, you likely agree with downtown boosters that more residential development… Continue Reading Dreaming of a downtown five-plex

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Bach: Change Utilities’ governance

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Bach: Change Utilities’ governance

Mayor Steve Bach’s official response to Xcel’s expressed interest in purchasing/leasing all or a part of Colorado Springs Utilities’ electrical generation facilities was measured and noncommittal. Here’s the official press release. “Mayor Steve Bach indicated today in response to media inquiries that he will not be weighing in on whether Colorado Springs Utilities (CSU) should… Continue Reading Bach: Change Utilities’ governance

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Elon Musk does not think small. The 43-year-old founder of PayPal, SpaceX and Tesla Motors, took on  legacy organizations that seemed impregnable, challenging the mighty on their own ground. A payment system that competes directly with Visa and MasterCard? How preposterous — didn’t he realize that it wouldn’t work? A couple of billion dollars later,… Continue Reading Springs never had a shot at Tesla’s mega-jackpot

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Xcel Energy’s June 27 letter to Colorado Springs Utilities will be a game-changer, regardless of its immediate outcome. In the letter, Xcel vice president for asset development Bryan Hassler proposed that Xcel and CSU enter into a nondisclosure agreement “with the specific intent of exploring over the next 60 days if there is a value… Continue Reading How should Council respond to Xcel? Listen, at least

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Not much has changed in the Westside’s transportation system since Interstate 25 and Midland Expressway were constructed in the decades between 1955 and 1975. Those two limited-access highways diverted tourist and commuter traffic from city streets such as Nevada and Colorado avenues, leaving neighborhood roadway alignments alone. Except for minor engineering and flood control tweaks,… Continue Reading Change is coming to West Colorado Avenue

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Investor-owned utility Xcel Energy has proposed that Colorado Springs Utilities enter into a non-disclosure with Xcel subsidiary Public Service of Colorado “with the specific intent of exploring over the next 60 days if there is a value proposition that would provide for PSCo’s acquisition of and assumption of operations for CSU’s generation fleet.” The “fleet”… Continue Reading Xcel Energy interested in buying, operating Utilities’ power generation

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Analysis: Drake: Will everyone lose?

The ongoing debate over the downtown Martin Drake Power Plant has been almost exclusively locally focused. Proponents and opponents alike have examined local costs, local health impacts and Drake’s impact on the local economy. But Colorado Springs isn’t an island, and it may be that a newly unfolding national energy narrative will make the positions… Continue Reading Analysis: Drake: Will everyone lose?

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