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The Denver City Council has approved an ordinance to protect the view of the Rocky Mountains from Coors Field, according to the Denver Post. The council voted 9-3 to restrict the height of new developments northwest of Coors Field. Landowner Bahman Shafa, president of Focus Property Group, said the ordinance could cost him as much… Continue Reading Rocky Mountain view from Coors Field will be protected

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State record-breaking catfish caught

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Fishermen, catfish connoisseurs or those with an interest in the offbeat will appreciate this story–the Colorado Division of Wildlife has reported that the biggest catfish ever caught in the state was reeled in at Aurora Reservoir last weekend. Officials say Mike Stone caught a 35-pound channel catfish on July 26, setting a new Colorado state record.… Continue Reading State record-breaking catfish caught

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Before it recessed for the month of August, the House approved the Neighborhood Preservation Act H.R. 2529, which would authorize banks and lending institutions insured by the Federal Deposit Insurance Corp. to allow foreclosed homeowners to remain in their homes as renters on long term leases.
Continue Reading Act would let foreclosed owners rent from bank

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Auto dealers warned about Cash for Clunkers

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The Cash for Clunkers – or the Car Allowance Rebate System – no longer guarantees automobile dealers that they’ll be reimbursed for cars sold. The Colorado Automobile Dealers Association has warned its members to be cautious of selling any more cars under the program, unless CARS receives additional funding. The program, which offers rebates of $3,500 to $4,500… Continue Reading Auto dealers warned about Cash for Clunkers

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WASHINGTON – Construction spending rose for the second time in three months in June as residential building increased and government-funded infrastructure projects jumped. The report provides fresh evidence that the housing sector may be recovering, while the rise in government spending was partly because of the Obama administration’s $787 billion stimulus package, economists said. The… Continue Reading Construction spending rises unexpectedly nationwide

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Foreclosures stabilize in key states

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Even as Americans suffer rising unemployment, foreclosure rates in three states hit hardest by the housing bust – California, Arizona and Florida – stabilized in June, offering hope that the worst of the real estate crisis is over. Continue Reading Foreclosures stabilize in key states

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As City Councilman Bernie Herpin predicted several weeks ago, the new U.S. Olympic Committee deal is very much like the old USOC deal, except that the city is now the only paymaster.

The cost of the deal: more than $50 million. Continue Reading City pays, USOC stays

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Colorado Industrial Packaging sold

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Colorado Industrial Packaging has been acquired by two members of the company’s former management team for an undisclosed price. The Colorado Springs-based firm was founded during 1994 and was purchased from prior owner Bob Bartlett, who had owned the company for about seven years. The sale was brokered by Don Smith of Peak Business Brokers.… Continue Reading Colorado Industrial Packaging sold

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Most public employees in El Paso County must, by state law, join the Colorado Public Employees Retirement Association.PERA covers the employees of Memorial Health System, Colorado Springs Utilities, the City of Colorado Springs and of every public school district in the county – but not employees of El Paso County. County employees, as well as… Continue Reading County pension plan at crossroads

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After the somewhat disastrous launch of Windows Vista — largely ignored by businesses as they stuck with the XP version of the operating system — Microsoft is preparing another debut. Windows 7 is scheduled to be released Oct. 22, and some computer analysts who have been working with a beta version say that this time,… Continue Reading New Windows OS better than Vista, but you’ll need top-notch equipment

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