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El Paso County has purchased a waterfall outside Manitou Springs, and a cleanup campaign is planned. The county acquired Rainbow Falls last week for $10 from Mansfield Development Corp., which owns nearby land. The waterfall was once a tourist draw, but officials say it’s now frequented by drug users and plagued by vandals, and highway… Continue Reading County buys Manitou waterfall

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More federal dollars flow to county

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El Paso County will receive another $350,000 in federal funds to address the growing strain on existing resources related to administering the Food Assistance Program. Two similar allocations of federal funding totaling $394,434 were made available through the American Recovery and Reinvestment Act last year. The latest allocation will be used to pay for temporary… Continue Reading More federal dollars flow to county

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Everest College’s online division, which just announced plans to move into the former Intel Building, could soon be joined by an additional tenant – El Paso County. Faced with overcrowding and a $300 million facilities projects backlog, El Paso County officials have been scouring the city in hopes of finding attractive lease rates and newer buildings to… Continue Reading County shopping around for space at Intel building

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Stimulus money to thank for county’s survival? While the public debates the necessity of the $787 billion nationwide stimulus money package, economists are adamant the money was necessary — and what has kept El Paso County on life support. “Think about a heart attack patient — you know he needs to lose weight, start exercising,… Continue Reading Detour: Stimulus money rerouting economic decline

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El Paso County appears ready to ride to the rescue of the Pioneers Museum, but the City of Colorado Springs views the offer as “pie in the sky.” Continue Reading City blows off proposal to save Pioneers Museum

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Tax lien sale nets $7.1 million for county

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The county Treasurer’s office annual tax lien sale last week sold 3,684 tax liens and recovered $7.1 million in owed taxes. That compares to 3,145 liens and $4.8 million last year. The sale also generated bonus bids totaling $61,646, which can be used to support ongoing county services. This year’s strong results – with net… Continue Reading Tax lien sale nets $7.1 million for county

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Winnings trickle in for back child support

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It’s now been a year since a Colorado law went into effect, requiring casinos to check for and collect payments from the winnings of individuals who owe back payment money for child support. During that time, $94,834 has been collected for families in El Paso County.  The proceeds, however, represent only a small percentage of the total amount… Continue Reading Winnings trickle in for back child support

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When Colorado voters approved gambling in 1992, they were told that gaming revenue would be used to cover the extra law enforcement costs incurred by the gaming industry. But, during budget shortfall and TABOR times, all bets are off. Gov. Bill Ritter has proposed diverting $5.5 million from the Division of Gaming to balance the… Continue Reading Robbing from law enforcement to pay state budget?

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El Paso County is reporting a threefold jump in use tax collections. In spite of a nearly 20 percent drop in building valuation for the first eight months of the year, use tax collections on building materials increased threefold during the same period. From April through August, collections of use tax on building materials is… Continue Reading County use tax collections up 373 percent

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Commercial lending is not a business for the faint of heart. Several years ago, lenders worked overtime — scarcely able to keep up with demand. Now, they must patiently stay the course, until the market scrapes bottom before rising. Nationally, commercial and industrial lending is described in such reticent terms as “unlikely to loosen quickly.”… Continue Reading The dog days of recession for commercial lenders

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