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Initial flood damage at $10m, city officials say

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Recent flooding in Colorado Springs will cost about $10 million in repairs to public infrastructure, according to Bret Waters, the city’s emergency management division director. “It’s conservative,” Waters said at Mayor Steve Bach’s monthly press conference. “Today’s the first sunny day, so we’re out still looking for damage. It’ll be higher.” Gold Camp Road is… Continue Reading Initial flood damage at $10m, city officials say

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S&P downgrades airport bonds

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In another blow to the city’s beleaguered airport, Standard & Poor’s rating service downgraded the municipal facility’s outstanding bonds from A- with a stable outlook to BBB+ with a stable outlook. According to a press release from interim Aviation Director Dan Gallagher, S & P cited “ a downward enplanement trend at COS, particularly after… Continue Reading S&P downgrades airport bonds

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While Boulder, Estes Park and Lyons were hit harder than Colorado Springs during last week’s floods, the city’s infrastructure received significant damage in certain places. According to a press release from Colorado Springs, initial assessments show extensive damage on Gold Camp Road and Cheyenne Road. Gold Camp and Camp Creek had pond and sidewalk damage… Continue Reading Colorado Springs releases initial damage list

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The city of Colorado Springs has started addressing deteriorating, outdated or over-used storm drainage areas in the city limits – after a series of rainstorms in July and August caused widespread flooding in the city limits.   The money was appropriated for the projects this spring, and some of the work will be finished in… Continue Reading City starts addressing stormwater problems

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State warns of telephone scams

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The Colorado Judicial Department has received reports of telephone scams involving fake debt-collection agencies who threaten people with arrest warrants operating in at least three judicial districts in the state. Consumers who receive calls regarding debt collection related to court cases always have the option of contacting the clerk’s office in the appropriate court to… Continue Reading State warns of telephone scams

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City auditor: Utilities’ hedging policy cost millions

A program designed to protect ratepayers from volatility in the natural gas market provided less savings than originally thought, due largely to the economic downturn and discovery of new reservoirs of the fuel. A city audit of the natural gas hedging program by Colorado Springs Utilities found that the municipal utility could have saved $208.3… Continue Reading City auditor: Utilities’ hedging policy cost millions

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Government travel cuts affect hotel rooms

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The government’s ban on non-essential travel not only is harming international collaboration and local economies around the nation, many claim it’s hurting scientific progress as well. And it has led an unlikely group in Colorado Springs to pledge to work for a more diverse local economy. This time, it’s the Convention and Visitors Bureau.  … Continue Reading Government travel cuts affect hotel rooms

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Another group has signaled its support for the city’s Regional Tourism Act application – a grant proposal that would bring a downtown stadium, an Olympic museum, a new visitors center at the Air Force Academy and a sports medicine center at UCCS. The University of Colorado Board of Regents passed a resolution supporting Colorado Springs’… Continue Reading CU regents support city’s RTA application

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City chooses aviation marketing firm for airport

Colorado Springs went with a heavy hitter when choosing the company to market the Colorado Springs Airport nationwide. The city chose Seabury APG, a global aviation marketing group with offices in the United States, Europe and Asia. “They focus solely on airport marketing and aviation marketing,” said city spokeswoman Cindy Aubrey. “They’re a full-service aviation… Continue Reading City chooses aviation marketing firm for airport

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Bach encourages support of RTA projects at annual address

Mayor Steve Bach urged a crowd of 700 to get behind the Regional Tourism Act projects, to think big and to ignore critics of the city’s actions. “This is our time,” he told the crowd of business leaders Thursday at the Colorado Springs Regional Business Alliance’s State of the City luncheon at The Broadmoor. “And… Continue Reading Bach encourages support of RTA projects at annual address

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