Moody’s Investors Services has affirmed its A3 rating and a stable outlook for Colorado Springs Airport Revenue Bonds, according to Gisela Shanahan, assistant director of aviation-finance and administration at the airport.
Moody’s report cites several positive indicators, including defense contractor presence, management’s active pursuit of low-cost air service and alternate revenue sources. Continue Reading Business Briefs – 7/28/2006
The Sports Corp. needs volunteers for several sports for the Aug. 4-6 Rocky Mountain State Games.
Volunteers will receive a State Games T-shirt and meals at the venue where they handle their assignments, as well as a free ticket to the opening ceremonies on Aug. 4 at the World Arena.
Volunteers are needed for the following:
Track and field, Air Force Academy, Aug. 5 and 6
Flag football, Air Force Academy, Aug. 6
Basketball, Rampart High School, Pine Creek High School and Hillside Community Center, Aug. 4-6 MORE… Continue Reading Business Briefs – 7/21/2006
Colorado Technical University has received the 2006 Barney Ford Corporate Award from the African American Voice newspaper. The award recognizes the contributions that CTU Colorado Springs has made to improve the community through its education programs.
The award is named after Barney Ford, who escaped slavery to become a successful entrepreneur, running a barbershop, restaurant and hotel. Continue Reading Business Briefs – 7/14/2006
The Gay & Lesbian Fund for Colorado has been named the Foundation of the Year by the Shaka Franklin Foundation for Youth, a Colorado organization devoted to addressing issues related to teen suicide and healthy families.
The Gay & Lesbian Fund for Colorado was established in 1996 as a program to financially support nonprofit organizations that enhance the quality of life in Colorado and promote equality for all people. Since its inception, the fund has awarded more than $16 million to nonprofit organizations whose program areas include arts and culture, civic leadership, healthy families and public broadcasting. Continue Reading Business Briefs – 7/7/2006
T. Rowe Price has announced that it plans to add a three-story, $55 million, 145,000-square-foot building to its existing campus, making room for about 650 additional workers.
The company has about 500 Springs employees. Continue Reading Business Briefs – 6/30/2006
U.S. Northern Command has received the Silver Anvil Award from the Public Relations Society of America in recognition of outstanding achievement in strategic public relations planning and implementation in response to Hurricane Katrina.
USNORTHCOM coordinated the active-duty public affairs efforts for the largest military deployment and humanitarian mission in the United States since the Civil War. Continue Reading Business Briefs – 6/23/2006
The University of Colorado at Colorado Springs ranks among the nation’s top public universities for women studying engineering.
The American Society of Engineering Education ranked universities that grant 50 or more engineering degrees annually by the percentage of degrees awarded to women for 2004 and 2005. Continue Reading Business Briefs – 6/16/2006
Readers of American Style magazine have selected Colorado Springs as one of the Top 25 Arts Destinations among mid-sized U.S. cities (100,000 to 499,999 residents).
The online version of the June 2006 article can be read at www.AmericanStyle.com.
According to a 2003 study by the Travel Industry Association of America, cultural tourists spend on average 36 percent more for historic/cultural trips than the average U.S. traveler, excluding the costs of transportation. Continue Reading Business Briefs – 6/9/2006
Casino revenue for April mixed April revenue brought mixed results for Colorado casinos. Gaming establishments reported $65.8 million in adjusted gross proceeds (AGP), down 1.1 percent from $66.5 million in March, but up 5.8 percent from $62.2 million in April 2005. AGP is most simply defined as the amount wagered by bettors minus payouts from… Continue Reading Business Briefs – 6/2/2006Continue reading …
The Colorado Housing and Finance Authority says that an upcoming Internal Revenue Service ruling that will affect certain down payment programs will have no bearing on the CHFA down payment program.
The IRS is issuing a ruling that describes under what circumstances an organization that provides down payment assistance qualifies as a tax exempt charity. Federal regulations limit the sources of down payment assistance for FHA loans, and tax-exempt charities are one qualified provider. Continue Reading Business Briefs – 5/26/2006