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Entries posted by john.hazlehurst

PILT: Phased out?

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Council has yet to consider codification Voters may have believed that by approving Issue 300 they had put an end to payment in lieu of taxes, or PILT, from utilities to the city’s general fund, but that might not be the case. A draft codifying Issue 300, deferred from the City Council’s regular meeting this week… Continue Reading PILT: Phased out?

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“Do you cut yourself with knives, razor blades, broken glass, needles, nails, paper clips, pins, scissors, tacks, anything you can get your hands on? Do you bang your head against walls? Punch walls till your hand goes all bruised and bloody? Do you throw yourself through panes of glass? Expose your body to extreme weather… Continue Reading Cutting, even mutilation, won’t alleviate city’s pain

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In a not quite tongue-in-cheek attempt to make a buck off “the Rapture,” an enterprising atheist has offered to care for pets left behind when believers ascend to heaven. On his Web site (http://eternal-earthbound-pets.com/) Bart Centre, a New Hampshire retiree, addresses those who may be concerned about leaving Fido in the lurch during Judgment Day.… Continue Reading No pets left behind when Rapture comes

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FREX surplus buses sold, service may continue

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In a bit of good news for commuters, the city has succeeded in selling nine surplus FREX buses to the York County Transportation Authority in Pennsylvania for a total of $1.44  million, an average of $160,000 per bus. The next step is up to City Council, who will decided Feb. 9 whether local proceeds from the… Continue Reading FREX surplus buses sold, service may continue

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Is Colorado Springs drowning in red ink because of overcompensated city employees and the city’s failure to privatize governmental functions when appropriate? Can Rock Ledge Ranch, the Pioneers Museum, the city community centers and even city parks be sustained by some combination of volunteer labor and private funding? Colorado Springs is not the only city… Continue Reading Voters got the city into this budget mess – 19 years ago

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Founded 15 years ago by French-Iranian computer programmer Pierre Omidyar, eBay has revolutionized the auction business. Often described as the “the world’s marketplace,” eBay created and still dominates Internet-based auctions throughout the world. Accounts of eBay’s origin vary. One popular myth has it that Omidyar created the site to sell his then-girlfriend’s collection of Pez… Continue Reading EBay opens auction markets as well as windows to the past

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If eBay and other Internet auction sites have made traditional auction houses obsolete, that’s news to Bill Neal. “If anything, they’ve helped us,” he said. “There are a lot more people who think of themselves as dealers, so they buy here and resell on eBay. We’re just part of the sales chain.” Bill and Paula… Continue Reading Offline business steady for city’s auction houses

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Both the city of Colorado Springs and Colorado Springs Utilities moonlight as auctioneers. The Colorado Springs Police Department auctions impounded vehicles on the third Saturday of each month at CSPD’s impound lot, 2725 East Las Vegas St. There may be some good deals available, but these auctions are clearly not for the unsophisticated or unwary… Continue Reading Even the public sector dabbles in the auction business

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Legislators mull PERA

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Proposal includes raising retirement age This week the Colorado Legislature began hearings on Senate Bill 01, a bipartisan measure aimed at restoring long-term solvency to the Public Employees Retirement Association, the public pension plan that covers more than 425,000 active and retired public-sector workers in Colorado. The measure was crafted in response to the severe… Continue Reading Legislators mull PERA

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College endowments fell for a second year in a row, but Colorado College remains the most endowed school in the state, on a per-student basis. A survey by the National Association of College and University Business Officers and Commonfund, Inc., a Connecticut nonprofit included endowment levels of  842 U.S. institutions with $306 billion in aggregate… Continue Reading Colorado College endowment leads state, despite market decline

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