Archives » March, 2008

Home sales post increase

The Associated Press
WASHINGTON _ After falling for six straight months, sales of existing homes posted an unexpected increase during February which may have reflected more aggressive price cutting by sellers in some parts of the country, a real estate trade group reported.
The National Association of Realtors said that sales of existing […]

Read: Home sales post increase

Gas up 7 cents in two weeks

The Associated Press
The national average price for gasoline rose 7 cents during the last two weeks.
The average price of self-serve regular gasoline on Friday was $3.26 a gallon, mid-grade was $3.38 and premium was $3.50. That’s all according to the Lundberg Survey of 7,000 stations nationwide released Sunday.
Of the cities surveyed, […]

Read: Gas up 7 cents in two weeks

J.P. Morgan and Bear Stearns merger amended

J. P. Morgan Chase and Co. and The Bear Stearns Companies have revised their merger agreement, calling for common stock to sell for $10 per share, up from $2 per share.
In addition, both companies entered into a share purchase agreement under which J. P. Morgan Chase will purchase 95 million in […]

Read: J.P. Morgan and Bear Stearns merger amended

Tri-Lakes Chamber seeks committee members

The Tri-Lakes Chamber of Commerce is looking people interested in sitting on its Membership Committee.
Chamber officials are seeking up to four people who understand the value of chamber membership and who are willing to share the value with non-members
The committee meets at 4 p.m. on the 2nd Wednesday of every […]

Read: Tri-Lakes Chamber seeks committee members

New building site approved for Care and Share

The El Paso County Board of Commissioners this week approved a six-acre site in an industrial zone for a new Care and Share Food Bank facility.
It will be located on Constitution Avenue, one half mile southeast the Powers Boulevard intersection.
Care and Share plans to build a new office […]

Read: New building site approved for Care and Share

Manitou might get another liquor and wine store

Manitou Springs might get another liquor store.
Sharon Palmer has applied for an off-premise liquor sales license to sell liquor at 717 Manitou Ave., a space that was formerly occupied by half of Antique Emporium, which will still occupy a storefront next door at 719 Manitou Ave.
Palmer said the […]

Read: Manitou might get another liquor and wine store

Construction law blog launched

The Holland & Hart law firm has launched a blog that offers updates about Colorado construction law.
Partner Timothy Gordon will provide information about topics such as arbitration, change orders, claims, defects, economic loss rule, insurance and mechanics’ liens.
Gordon is chairman of the construction section of the Colorado Bar Association.

Read: Construction law blog launched

SBA reformats loan handbook

The Small Business Administration released a reformatted standard operating procedure handbook for lender and development company loan programs this week.
The revised document, SOP 50 10, has been cut from 1,000 pages to 400 and is also now available at www.sba.gov.
“Re-writing an SOP doesn’t sound glamorous, but it is one of the most […]

Read: SBA reformats loan handbook

Cowboys nominated for ‘Club of the Year’

Cowboys nightclub downtown
Cowboys nightclub has been named one of five finalists for the Academy of Country Music’s Nightclub of the Year award.
Cowboys, which recently moved downtown to Tejon Street, is competing against Billy Bob’s in Fort Worth, Texas; Coyote Joe’s in Charlotte, N.C.; Joe’s in Chicago and Wild Bill’s in […]

Read: Cowboys nominated for ‘Club of the Year’

Briarhurst on the market for $7 million

Historic Briarhurst Manor
The venerable Briarhurst Manor, one of Manitou Springs’ most enduring landmarks will soon pass to a new owner.
The 5-acre property that includes a caretaker’s cottage, and the business itself is on the block for $7 million, said Keller Williams’ Broker Tammila Wright.
Owner Ken Healy is retiring and wants […]

Read: Briarhurst on the market for $7 million