Category: Fort Collins
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Strong Greeley job market expected
MILWAUKEE – Greeley area employers expect to hire at a “respectable pace” during the second quarter of 2009 with a healthy jump in hiring expected over the first quarter, according to a report released Tuesday by Milwaukee-based Manpower Inc. The quarterly Manpower Employment Outlook Survey showed 18 percent of Greeley area companies planned to hire…
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Comparisons to Great Depression Are Pure Babble, Says Economist
There is a great article about the lack of good news in the media these days. They point out that not everything is “doom and gloom” and we have to balance our outlook based on a level playing field. If investors look in the right places, they can find more comfort in the economy and…
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Fort Collins City Council Candidates Tackle Occupancy Ordinance
With elections fast approaching, City Council candidates from District 5 addressed the so-called “you and two” law. District 5 comprises a region in west central Fort Collins, a region that includes neighborhoods around CSU. Read more of their comments…
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Fort Collins Condo Complex Sells for $2.2M
BBK Properties LLLP purchased Sherwood Greens, a 15-unit multifamily in Fort Collins, CO, from Hellenic Plaza LLC for $2.2 million, or about $146,667 per unit. The condominium property at 630 S. Sherwood St. consists of 15 three-bedroom/three-bathroom units. The seller utilized a 1031 exchange to complete the transaction.
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HUD money to boost projects, $587,000 for low-income housing
BY KEVIN DUGGAN KevinDuggan @coloradoan.com Fort Collins is in line to receive more than $587,000 in federal economic stimulus funding to support programs for low-income residents. The U.S. Department of Housing and Urban Development on Wednesday allocated about 75 percent of the $13.6 billion earmarked in the American Recovery and Reinvestment Act for its programs…
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Recording rentals could take years
BY KEVIN DUGGAN • KevinDuggan @coloradoan.com • February 25, 2009 Owners of rental properties with units that aren’t on the city’s books might be given more than two years to set the record straight. Fort Collins City Council members said Tuesday they generally support a proposed program aimed at bringing unrecorded rental properties into compliance…
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Oval Flats gets go-ahead from city
BY DAVID YOUNG • davidyoung @coloradoan.com • February 25, 2009 The former Sigma Alpha Epsilon fraternity house is one step closer to being transformed into a new mixed-use commercial and residential building. The Oval Flats project had its public hearing earlier this month, which saw about seven people from the public attend, and was…
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Enterprise opening insurance claims site
BY PAT FERRIER PatFerrier@coloradoan.com The largest car rental company in the country will open a new insurance claims office in Fort Collins in May, creating 100 new full-time jobs. Enterprise, owner of Enterprise, National and Alamo rental car companies, plans to announce today the opening of a claims processing office at 4800 Wheaton Drive to…
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Fort Collins Sales-tax picture bright
BY PAT FERRIER • PatFerrier@coloradoan.com • February 21, 2009 Fort Collins tax revenue January > Sales tax: -0.5% > Use tax: +6.0% > Combined sales and use taxes: +0.4% Key sectors > Miscellaneous retail: +2% > General merchandise: +1.8% > Apparel/accessory: -6.7% > Restaurants/bars: +4.2% > Grocery stores: +3.9% > Hotel/lodging: -10.7% > Building permits:…
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Vacancies down in Fort Collins, up in Greeley & Loveland
DENVER – The apartment vacancy rate in Fort Collins shrunk to a seven-year low during the last half of 2008, while the rates in Greeley and Loveland crept upward during the final quarter of the year. The tight rental market in Fort Collins is reflected in the 4.2 percent vacancy rate posted during the third…