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Hazlehurst: Council puts kibosh on Xcel’s interest in Utilities

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

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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Urban renewal! It’s what we all want, isn’t it? Imagine new structures replacing blighted areas of southwest downtown, a gleaming new city arising from the abandoned buildings, potholed streets, cracked sidewalks and decaying warehouses of downtown’s forgotten zone. Aren’t you glad that the city, the state, the Colorado Springs Urban Renewal Authority and downtown property… Continue Reading Tejon’s energy shows how downtown can develop

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What can we do about income inequality? In a long piece in Politico, billionaire venture capitalist Tom Hanauer supports nearly doubling the national minimum wage to $15 an hour. Hanauer is seriously rich. He was the first non-family member to invest in Jeff Bezos’ tiny little online bookstore, and also founded an Internet marketing company… Continue Reading Want to be a congressional intern? Open your checkbook

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What does Mark Ferrandino most desire as he finishes up his final session as speaker of the Colorado House of Representatives? There are lots of potential answers, but one comes to mind: Ferrandino, a Denver Democrat, would like to figure out how to snatch back the $120 million in tax increment funding that the state… Continue Reading Legislative action brings out rest of C4C story

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Our elected leaders seem far more sensible and informed when they’re disagreeing via carefully reasoned emails than they do when posturing from the dais. For proof, consider this email chain, featuring Mayor Steve Bach, Councilor Don Knight, and Councilor Andy Pico. We start with Bach’s widely circulated email decrying the lack of net new jobs… Continue Reading Hazlehurst: Mayor, councilors show civility, logic

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The city’s Lodging and Automobile Rental Tax fund has been on the books since 1980, supported by a 2-percent tax on hotel rooms and a 1-percent levy on automobile rentals in Colorado Springs. The purpose of the LART tax, according to the city’s 2013 budget, is “to attract visitors and enhance the economy of the… Continue Reading Business Alliance angles for a bigger chunk of LART

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“We can so do this!” said Amanda Miller last Saturday as we waited to start the Copper Triangle, a 78-mile bike ride through the mountains. We’d be riding from Copper Mountain resort up Fremont Pass and down to Leadville on Colorado 91, up U.S. 24 to Tennessee Pass, Battle Mountain and Minturn, then the long… Continue Reading Events, and participation, may be our real future

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Council stays on track with NeuStream at Drake

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Following a long, contentious and apparently unadvertised public hearing, the Colorado Springs City Council, acting as the Utilities Board, declined Wednesday to revisit its July 18 decision to finish installation of the $130 million NeuStream pollution control system on the downtown Martin Drake Power Plant and defer any study of the plant’s future until 2013.… Continue Reading Council stays on track with NeuStream at Drake

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