Likely the worst we shall ever see

Transcription

Likely the worst we shall ever see
$1
HIGH-TECH
MARKETPLACE
PRINTING/
GRAPHICS
Boulder Electric Vehicle
puts charge into industry
Acquisition helps Colt
expand printing services
4A
13A
Volume 32
Issue 21 | Sept. 27 - Oct. 10, 2013
Flood of 2013
COURTESY TED WOOD
The Planet Bluegrass music venue on the west end of Lyons is overwhelmed Sept. 14 by floodwaters of the North St. Vrain River after days of relentless rainfall. Businesses in Lyons and much of Northern Colorado face the daunting task of rebuilding.
‘Likely the worst we shall ever see’
BY JOSHUA LINDENSTEIN
[email protected]
BOULDER – Gov. John Hickenlooper didn’t hold back in a Sept. 23
letter to Congress in which he asked
the United States’ legislative leaders
to increase the amount of emergency
federal money available for the repair
of roads in the wake of flooding that
PETER WAYNE
Record rains swell Boulder Creek.
Boulder makes do
amid the mud / 8A
ravaged Colorado days earlier.
In relaying the magnitude of devastation in his state, Hickenlooper
pleaded, “September 2013 floods may
prove to be the worst natural disaster
in the history of our state, and is likely
the worst we shall ever see in our
lifetimes.”
The people of Colorado can only
hope.
For a drought-stricken state that
has seen hundreds lose homes to
wildfires in recent years, few would
have imagined that the slightest signs
of rain could ever cause uneasiness in
so many residents as they do now. But
as Hickenlooper noted, widespread
impacts of the flooding were unprecedented in state history.
Boulder County was one of the
COURTESY TED WOOD
Debris piles up at Lyons businesses.
Lyons’ recovery may
be months away / 6A
Serving Boulder & Broomfield Counties
Boulder County’s Business Journal
JOSHUA LINDENSTEIN
Cleanup begins at Main Street Imports.
Longmont industrial
area hit hard / 7A
CONTENTS
areas hit hardest.
The latest preliminary estimates
from the state indicate that more than
16,000 homes were damaged and
another 1,882 destroyed, although
those numbers continue to rise.
The Boulder County Office of
Emergency Management’s early
assessments – covering unincorporat➤ See Flood, 10A
BUSINESS REPORT FILES
Agencies help with flood recovery.
Government offers
financial aid / 9A
Awards ......................................... 23A
Bank Notes .................................. 15A
BCBRdaily...................................... 2A
Business Digest ........................... 22A
Calendar....................................... 23A
Discoveries................................... 12A
Editorial ........................................ 26A
Eye ................................................. 3A
For the Record ............................. 16A
Observations ................................ 26A
On the Job ................................... 23A
Nonprofit Network........................ 22A
Product Update............................ 23A
Real Estate ................................... 24A
LISTS
Auto Dealerships .......................... 21A
Commercial Printers .................... 14A
2A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
Clovis Oncology reportedly evaluating sale
Editor’s note: The following is a wrapup of breaking local business stories
published daily on the Boulder County
Business Report’s website. Sign up
for our free BCBRdaily, an all local
e-news report sent to your email each
weekday. Just click on “Register for
E-Newsletters” at www.BCBR.com.
BY BUSINESS REPORT STAFF
[email protected]
BOU L DE R – C a nce r - d r ug
research company Clovis Oncology
Inc. is a possible sale target, according to an online report filed by
Bloomberg News, quoting unnamed
sources.
Boulder-based Clovis’ stock has
tripled in value this year. The company is working with advisers, including
Credit Suisse AG in New York, to find
a buyer, Bloomberg News reported,
quoting sources.
Clovis (Nasdaq: CLVS) reported
a net loss of $18.3 million in its most
recent quarterly report ended Sept.
30, 2013.
Clovis researchers are developing
several anti-cancer drugs, most in
partnership with national pharmaceutical companies. Clovis raised
$130 million in an initial public offering of 10 million shares in the fourth
quarter of 2011.
Posted Sept. 17.
“Our nearby stores have offered
a glimpse into what our customers
who live in Boulder are looking for,
and we’ve done our best to further
tailor the store to Boulder,” Ashley
DeKraai, a Walmart spokeswoman,
said in an email.
Workers are stocking shelves at
the store. Community activities are
planned at the store for Oct. 5-6 in
conjunction with the opening.
Posted Sept. 24.
Boulder that will open sometime
in 2014, according to co-founder
Jim Deters.
The business incubator will be
housed on the fifth floor at 1035
Pearl St., Deters said. The incubator is expected to include nine
office suites in about 10,000 square
feet of space. Deters did not give a
specific time frame for when the
new office might open.
Galvanize generates revenue
from rent on shared workspaces
and through its “gSchool” – an education program for startups. The
company headquarters is at 1062
Delaware St. in the Rocky Mountain Bank Note building in Denver. Galvanize offers work space,
including coffee, a workout area
and a café for prices starting at
$299 per month.
Galvanize’s Denver office is
filled with startup companies and
has a waiting list. Its second Denver location at 1644 Platte St. is
expected to open soon. Companies
interested in space in the Boulder location should look for more
details at: galvanize.it.
Posted Sept. 24.
Incubator to hire in Boulder
BOULDER – Denver startup
incubator Galvanize will hire up
to six people to staff an office in
Corgenix resolves dispute
BROOMFIELD – Diagnostictest maker Corgenix Medical
Corp. has resolved a dispute with
Walmart has Boulder flavor
BOULDER – A Walmart Neighborhood Market opening in Boulder is expected to feature a larger
selection of gluten-free products
than similar Walmart grocery
stores when it opens on Wednesday, Oct. 2.
About 65 people are being hired
to staff the 53,500-square-foot
store (NYSE: WMT) at 2972 Iris
Ave. in the Diagonal Plaza in Boulder. The store will feature the gluten-free section, an organic foods
section and a bulk foods section.
BCBR DAILY
a researcher over technology used
to diagnose cardiovascular disease.
To resolve the dispute, Broomf ie ld- ba sed C orgen i x (OTC :
CONX.OB) signed a new license
agreement with researcher Eiji Matsuura in Japan. The AtherOx cardiovascular technology has not yet
been cleared by the U.S. Food and
Drug Administration for sale in the
United States, according to a press
statement.
Matsuura will receive 7 percent
of future product sales as part of
the new license agreement, said Bill
Critchfield, chief financial officer.
He has had a relationship with Corgenix since 2000.
Under the new license, Corgenix can develop, manufacture and
sell diagnostic tests related to the
technology everywhere around the
globe except Japan. In Japan, Corgenix can develop and manufacture
the diagnostic tests but can’t sell
them except under the direction of
Matsuura, the press statement said.
Corgen i x has severa l test s
approved for commercial sale that
are used to detect and diagnose
diseases. The company has about
46 employees and projected annual
revenue of $11 million, Critchfield
said
Posted Sept. 11.
➤ See BCBRdaily, 15A
Investing in the health
of our community.
Guaranty Bank and Trust helps Longmont United
Hospital manage their day-to-day banking and
expand their facilities to further support their
overall mission. A Colorado bank for over 50
years, Guaranty Bank offers practical advice,
personalized solutions and local decision making.
We’re here to help you reach your financial goals.
GuarantyBankCO.com
303.293.5500 | 970.454.4220
Dr. Fabio Pivetta, DO
Erin Dobbs, BSN
Longmont United Hospital
12GBT BCBR Ad_LongmontFO.indd 1
1/12/12 8:15 AM
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
|
3A
Feds write off funds paid to Flatirons’ parent
BY BETH POTTER
[email protected]
BOULDER — Federal officials
wrote off $2.385 million in TARP
funds made to FBHC Holding Co.
– parent company of Flatirons Bank
– in 2011.
A U.S. Treasury spokesman
characterized the write-off as a
“restructuring agreement.” In the
agreement, Treasury officials agreed
to sell Capital Purchase Program
securities back to Flatirons Bank
at a discount, the spokesman said,
THE TARP WRITE-OFF TO FBHC CAME TO LIGHT
this month after the Boulder County Business Report
requested a list of Colorado banks that had received
TARP funds from the Office of the Special Inspector
General for TARP.
declining to be named.
In return, Flatirons Bank agreed
to raise a certain amount of capital
and reduce certain indebtedness,
the spokesman said. He did not
give further details, other than to
say that functioning banks are more
valuable to the economy than bank-
Fresh fish
rupt banks.
The Capital Purchase Program
was part of the Troubled Asset
Relief Program, or TARP, which
was created in 2008 to bail out
big national banks following a subprime mortgage crisis that sent the
national economy into a recession.
Officials from TARP loaned $3.035
million to FBHC Holding Co. in
2009.
When contacted for comment,
Flatirons Bank President Kyle Heckman said only that FBHC Holding
➤ See Funds, 15A
DVD touts
Parkinson’s
Boot Camp
Olympic cyclist Davis Phinney has
a new, free, exercise DVD for people
with Parkinson’s disease.
Boulderite Gary Sobol and his
Parkinson’s Boot Camp are featured
on the national video. Sobol has Parkinson’s, as does Phinney.
With the exercises, the former
marathoner Sobol said he is back to
hiking. He said he has seen firsthand
how others with Parkinson’s improve
when doing his exercises. The disease’s most common symptoms are
movement related; it’s a degenerative
disorder of the central nervous system
that shows up most commonly in
people age 50 and older.
BCBR EYE
JONATHAN CASTNER
Sylvia Bernstein stands next to an aquaponics system that combines aquafarming — raising fish — with hydroponics —
growing plants in water. Bernstein and her husband, Alan, launched The Aquaponics Source Inc. in 2010, and now are
moving the company from their basement in Boulder to a 7,600-square-foot facility in Longmont.
Bernsteins hooked on growing aquaponics business
BY ELIZABETH GOLD
[email protected]
LONGMONT — Imagine having
a garden that yields fresh vegetables
and doesn’t require pulling weeds or
getting dirt under your fingernails.
What if that yield included some
fresh fish as well?
Sylvia Bernstein not only imagined that meal — she made it available for anyone who’s interested in
growing it for themselves. The aquaponics system combines aquafarming — raising fish — with hydroponics — growing plants in water.
The symbiotic nature of the
method occurs when the fish waste
provides a food source to the plants,
and the plants provide a filter for the
fish water. Microbes, aka bacteria,
THE NEW SPACE
includes a retail store,
a classroom and a
research and
development laboratory.
and worms convert the fish waste
into nutrients for the plants.
And the result is a win-win-win.
Fish thrive, plants thrive, and gardeners thrive.
“As opposed to hydroponics, aquaponic systems love bacteria because it
converts fish waste into plant food,”
Bernstein said. “They let nature take
its course more than hydroponics.”
Along with her husband, Alan Bernstein, Sylvia launched The Aquaponics Source Inc. in 2010. And now
they’re celebrating the company’s move
from their basement in Boulder to a
7,600-square-foot facility in Longmont
with a grand opening Oct. 5.
The new space includes a retail
store, a classroom and a research and
development laboratory.
Sylvia’s background includes
seven years at AeroGrow International Inc. in Gunbarrel, where she
was director of plant production
and ran the grow lab. “Some of us
wanted to come up with a way to
replace the chemical fertilizer used
in hydroponics,” she said.
“It ends up that aquaponics isn’t
that complicated,” she said. “A guy at
➤ See Fish, 25A
These days, as many as 75 folks
show up at the Boulder YMCA on
Mondays, Wednesdays and Fridays to
do exercises with Sobol.
The Davis Phinney Foundation
teamed up with a professor at the
University of Alabama-Birmingham to
make the video. Sobol is one of 13 folks
living with Parkinson’s around the
United States who are featured in it.
Sobol was diagnosed with the disease in January 2012, after having
symptoms for three years. In his 60s,
Sobol got to the point where he needed help getting out of bed or into a car.
“The results have been the most
rewarding thing I’ve done in my life,”
Sobol said. “I’m walking better, I’m
standing up straight, I can walk in the
yard, I can hike.”
Sobol said the YMCA class is really
positive. People cheer for others when
they’re able to do movements they
haven’t been able to do in a long time.
If you want to try the exercises, call
the YMCA at 2850 Mapleton Ave.,
and get yourself there for a session:
303-442-2778. If you can’t get to the
gym, you can order the video at www.
davisphinneyfoundation.org/dvd. Or
call 855-346-7564.
4A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
BEV teams with Coritech on V2G charging system
BY CLAYTON MOORE
[email protected]
LAFAYETTE — Boulder Electric
Vehicle Inc. has had the attention of
the logistics industry with its range
of high-tech electric delivery trucks,
flatbeds and service vehicles. But its
new charging system that can move
energy between electric trucks and
the local power grid could prove to
be a boon for the electric-vehicle
industry.
This summer, the company successfully demonstrated the system,
known as vehicle to grid, or V2G.
It can pull off this laboratory trick
at a previously unheard of level of
60 kilowatts and move it in both
directions.
HIGH-TECH
MARKETPLACE
The project was launched in partnership with Michigan-based Coritech Services, which built the DC
chargers that enable the system to
work. The collaboration came at
the behest of the SPIDERS (Smart
Power Infrastructure Demonstration
for Energy Reliability and Security)
program, a joint project between
the Department of Energy, Department of Defense and Department of
COURTESY BOULDER ELECTRIC VEHICLE
Boulder Electric Vehicle Inc.’s new charging system for electric vehicles impressed
the U.S. Army Corp of Engineers and several government agencies during a demonstration at Fort Carson earlier this year. The system moved 60 kilowatts in and
out of the trucks.
Homeland Security.
The technology was successfully
demonstrated to those agencies in
July at the microgrid at Fort Carson. A test at Coritech’s facility in
Royal Oak, Michigan duplicated the
results, as did a third demonstration
in August at Lafayette-based Boulder
EV’s new plant in Los Angeles for
the California Energy Commission’s
grants manager.
“We really drilled into this prob-
Longmont
lem and made a full-court press,”
said Carter Brown, Boulder EV’s
chief executive. “We achieved bidirectional transmission the first
time, at full power. Both in California and Colorado, there is a lot of
emphasis on wind and solar energy.
When there is too much of it, where
do we store the energy? The only real
solution is battery storage, which is
what big electric trucks are designed
to handle.”
In a f leet model, the concept
would allow V2G vehicles to charge
quickly at night when power demand
is lower, as well as a practice known
as “peak shaving,” which sends power
back to the grid when needed, with
remuneration from the local power
utility to the fleet owner.
“It represents a huge opportunity,”
Brown said. “Imagine 50 trucks in
one place. That’s five or 10 megawatts on tap. With the technology
we have right now, one truck could
power a neighborhood cul-de-sac for
a week. Now imagine that potential
during a disaster like the one we’ve
experienced this month.”
W hile the results have been
groundbreaking for the partners
involved, Brown admits that decades
of research into the concept have
preceded Boulder EV’s success. A
major hub for innovation into V2G
➤ See Charging, 5A
Find your Green
Building Professional
Working on
a Building
Project? ...
POWER & COMMUNICATIONS
Resources for Home & Business Owners
* Find a local green building professional
*
in our online directory
*
* Ask our members questions about your
project on our online “Ask an Expert forum”
Tap Our Local Expertise
October 6 -12 is National Public Power Week
This year during Public Power Week, LPC is celebrating more than 100 years
of electric service.
*Realtors
*Landscapers
*Contractors *Renewable Energy Experts
*Architects
Find out how to save energy
and money
Make sure you know about
current rebates and incentives
* Energy Auditors
*Suppliers & More
The Guild is the
“go-to-place”
to find your
professional and
get your questions
answered.
[email protected]
303 447 0901
www.ColoradoGreenBuildingGuild.org
What does public power mean for your home and business? It means that LPC is driven
by public service, not profit. And it means that you get lower rates with high reliability
and friendly, hometown customer service. These lower rates help businesses to stay
competitive and homeowners to retain more of their income.
Public power means local control. Every LPC residential and business customer has a
voice in LPC’s electric and broadband utility decision-making processes.
LPC is proud to be public power. . . for you. As part of our celebration, we invite
customers to experience our interactive energy education exhibits in the Civic Center
mall. Visit www.ci.longmont.co.us/lpc for more information.
Lighting Tomorrow...TODAY!
Volume 32 : Issue 21
Sept. 27 - Oct. 10, 2013
Copyright 2013. BizWest Media LLC.
Reproduction or use of editorial or graphic content without written permission is prohibited.
The Boulder County Business Report (USPS 018-522, ISSN 1528-6320)
Is published biweekly, with an extra issue in December, by BizWest Media LLC, a Colorado
corporation, 3180 Sterling Circle, Suite 201,Boulder Colorado, 80301-2338.
Periodical Postage Paid at Boulder, CO and at additional mailing offices.
Subscriptions are $49.97. International subscriptions are $180.00.
POSTMASTER; Send change of address notices to:
The Boulder County Business Report, P.O. Box 270810, Fort Collins, CO 80527.
(303) 440-4950 Fax: (303) 440-8954 E-mail:[email protected] Web: www.BCBR.com
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
Peregrine takes flight
Energy secretary checks out new supercomputer
COURTESY DENNIS SCHROEDER/NREL
Energy secretary Ernest Moniz, center, joins NREL director Dan Arvizu, left,
and Steve Hammond, director of NREL’s Computational Science Center, at
the unveiling of Peregrine, the newest Energy Department supercomputer. The
computer inside NREL’s new Energy Systems Integration Facility in Golden
is capable of 1.2 quadrillion calculations per second. NREL collaborated with
Hewlett-Packard and Intel to develop the innovative, warm-water-cooled
supercomputer.
CHARGING
from 4A
technology exists at the University
of Delaware that focuses more on
smaller automotive chargers, while
Denmark’s Edison project is using
the technology to balance the country’s unpredictable wind farms.
Willett Kempton of the University
of Delaware is one of the country’s
acknowledged experts in the field,
and his team is using 20 cars to
field-test the V2G concept. He was
aware of Boulder EV’s tests but says
that the path to commercialization
remains a complicated process.
“They’re doing a technical demonstration of the actual vehicle’s ability
to transmit energy,” Kempton said
of Boulder EV’s test results. “Being
certified, registered and becoming
part of the energy market just like an
electric generator company would is
very different. Getting a very technical system to follow all the rules of
a specific power grid is not the same
as throwing a switch and discharging
enemy.”
“We’re standing on some broad
shoulders,” Brown admitted. “Coritech has done a remarkable job of
figuring out the ins and outs of applying this technology on the charger
side. The chargers and the vehicles
have to be able to talk to each other
in the same language, with the same
accents. This is a case of two nimble,
agile companies working together
towards a common goal. I don’t think
either of us could have accomplished
this success alone.”
Brown also accented that while
the environmental benefits of V2G
technology are great, there are also
financial considerations at play for
its users. The companies currently
testing Boulder EV’s vehicles include
behemoths like FedEx and UPS.
“The attraction of this technology is making these electric trucks
pay for themselves earlier,” he said.
“An electric truck costs two or three
times the price of a normal truck, so
you have to have an economic payback in the end. Part of that payback
is making your diesel fuel costs go
away, so you’re going from 50 cents
a mile to five cents per mile. Part of
it is the decrease in maintenance.
The V2G part is a serious economic
incentive. If you have enough trucks
parked in one place, all of a sudden
that’s a valuable resource that the
grid can manage, and pay back to the
company that owns the resource.”
Cost of these chargers may be a
consideration for some fleet owners.
A typical AC charging station used
for electric cars runs about $1,500,
according to Kempton. Brown
reports that each DC charging station developed by Coritech costs
approximately $ 80,0 0 0. Brown
noted that the systems are designed
to pay for themselves within three
years of operation.
“Let’s say a delivery company has
their trucks parked for 12 hours
every night,” said Brown by way of
example. “Instead of spending that
time charging up the battery packs,
you can spend one hour charging
them. Those remaining 11 hours
can be used for frequency regulation, peak shaving, and generating
inexpensive kilowatt energy. That’s
a valuable resource for a fleet in one
place.”
Brown declined to share the company’s current production numbers,
but noted that those statistics were
likely to change when the company’s
plant in Los Angeles begins production in January of next year.
|
5A
6A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
FLOOD 2013
Lyons recovery could be months away
Some can
afford to wait;
others unsure
BY DALLAS HELTZELL
[email protected]
LYONS – The clamor of recovery
gradually is replacing the muted tones
of despair in this flood-stricken town at
the gateway to the mountains.
Even so, public access to the town
remains tightly restricted, and it could
be months before Lyons can approach
normal business conditions.
“They’re saying two to six months,”
said Dave Oehlman, owner of the
Smokin’ Dave’s barbecue restaurants
in Lyons and Estes Park.
Worse, town administrator Victoria Simonsen told a packed meeting
held Sept. 19 in Longmont’s City
Council chambers that Lyons’ water
is unsafe to drink because it’s contaminated with E. coli – potentially
deadly bacteria that can cause bloody
diarrhea, dehydration and kidney
failure. It will take at least $1 million to get the treatment plant and
compromised water lines back into
shape, she said – not to mention what
will be needed to repair the electricity and gas infrastructure, roads and
bridges.
Beginning Sept. 23, more than a
week after the last of the disastrous
deluge tapered off, contractors began
pouring in to the town to start the
herculean task of clearing the rubble
and putting the pieces of Lyons’ tourist
economy back together. A round-theclock traffic checkpoint was opened
to allow residents and business people
in and out without having to obtain
a pass. Contractors were to be let in
from 7 a.m. to 7 p.m. after picking up a
permit at the Disaster Assistance Center, set up in one of the vacant spaces at
Twin Peaks Mall in Longmont.
That center also began helping displaced workers – including owners of
small businesses and the self-employed
– apply for emergency unemployment
benefits for which they might not otherwise be eligible.
Lyons Chamber of Commerce
administrator Tamara Vega Haddad
worked furiously to gather information about other available resources
for residents and businesses and then
spread it on social media.
For some business owners, the
future is as certain as their own determination. Others aren’t so sure.
Oskar Blues Grill and Brew, the
company’s original home which produced all the specialty brews for its
restaurants, suffered only minor damage from roof leaks and otherwise
was “fine and dry” and “we’re very
lucky,” said Chad Melis, director of
marketing.
COURTESY TED WOOD
Lyons’ Main Street, normally crowded with tourists on a September Saturday, was damp, desolate and debris-laden on Sept.
14. The few residents who remained tried their best to take care of each other, sharing food and supplies.
LYONS TOWN ADMINISTRATOR VICTORIA SIMONSEN
told a packed meeting held Sept. 19 in Longmont’s City
Council chambers that Lyons’ water is unsafe to drink because
it’s contaminated with E. coli – potentially deadly bacteria that
can cause bloody diarrhea, dehydration and kidney failure.
Employees got into town Sept. 16
to rescue bottles and kegs of beer, but
Melis said “our first step was making
sure all of our 55 Lyons employees
were safe and accounted for and helping
them find a place to live and find work.”
The next step, he said, was establishing the 501(c)3 “Can’d Aid Foundation” which grew out of what Melis
described as “the amazing response
from Oskar Blues’ family and friends”
to the company’s initial flood-relief
fund. Oskar Blues will donate $1 from
every beer sold at its restaurants to flood
relief through the end of the month, as
well as $200 from every bicycle sold
from its REEB Cycles business.
Oskar Blues has moved many of
the music events scheduled for Lyons
to its Liquids and Solids or CHUBurger restaurants in Longmont.
At Planet Bluegrass, home to summer music festivals and other events,
a self-rerouted St. Vrain River rushed
in front of the stage, swamped the
grounds and swept an office away,
depositing its roof atop owner Craig
Ferguson’s car. Still, its website reassured fans that “we are all safe and
deeply committed to welcoming Festivarians back to Lyons for the 2014
summer festivals. For those that are
able to lend a hand, there will be
opportunities to help with Planet
Bluegrass' recovery in the coming
months.”
For Mindy Tallent and her husband, Sam, who opened The Stone
Cup coffee house on Lyons’ Main
Street in 2004 and later added a cafe,
the morning of Sept. 12 was one of
dashed hopes.
“After the warning sirens began
around 2 a.m., we definitely didn't
sleep,” she said. “Sam drove down in
our golf cart to check on the cafe and
saw many people evacuating their
homes. At that time we had power,
gas and water. I walked down to the
cafe around 5 a.m. to prepare for
opening at 6 a.m. It was still dark,
but I could see cars parked along all
accessible streets around our neighborhood. Many people went to the
temporary evac center at the elementary school, (but) many people slept
in their parked cars all night.
“As soon as I opened the doors to
the cafe, I had folks coming in for
coffee (and) to use our Internet connection and restrooms,” she said. “By
9 a.m., we were told that our water
treatment plant was compromised
and all water should be boiled before
usage. We decided to close up the cafe
at that time. Folks were still able to
use our Internet and hang out on our
patio through the day and into the
evening. Our gas was turned off that
day and then our water, but we still
had electricity. We lost electricity
sometime during the night.”
The next day, with no power for
refrigerators, they distributed some
perishable items to the evacuation
center, then built a temporary fire
pit in the parking lot and organized a
community cookoff. Sam and others
“cooked an incredible amount of meat
– everything we had and much more
that was donated from other business
and personal coolers and refrigeration;
chicken, steak, hot dogs, shrimp, fish,
you name it,” she said. “We must have
served over 1,000 people, and everyone was fed. It was a bittersweet affair
and wonderful to see so many gathered together for a final community
farewell” before they were evacuated
by a National Guard convoy.
“Although our home and business were not damaged by the flood,”
she said, “we are certainly without
our home and livelihood as long as it
takes for the town infrastructure to
be rebuilt.”
For Smokin’ Dave’s, the disaster
was a double whammy. Oehlman’s
Estes Park restaurant stayed open to
serve locals, but with most routes into
the town closed, tourist traffic was
nonexistent and companies delivering
supplies had to travel circuitous and
treacherous mountain roads. Refrigeration issues were just one of Oehlman’s
worries in Lyons. He leases his space
there and said he wonders whether
he’ll be able to keep paying rent until
he’s able to reopen because “Estes Park
just can’t subsidize Lyons.”
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
|
7A
FLOOD 2013
Longmont industrial area hit hard
Firms work
‘pretty hard’
to reopen
BY JOSHUA LINDENSTEIN
[email protected]
LONGMONT — WP Manufacturing owner Steve McLean surveyed the
scene on the east side of his business
as employees and volunteers sifted
through and cleaned thousands of pieces of mud-caked inventory to determine what could be salvaged after historic floodwaters had rushed through
just days earlier. As he did, a couple of
realities set in.
“The good part is the people,”
McLean said Sept. 17, noting that some
of the volunteers were members of his
church, although he didn’t know where
all had come from. “I think there’s just
volunteers here who are good people.
For people to come out here and do
this, it’s absolutely terrific.”
Ignoring the business implications of
the natural disaster, though, was impossible. At one point, McLean looked
down and with his foot flipped over a
part that his injection molding company – officially named HisArmCo Inc.,
but doing business as WP Manufacturing – had made for a customer.
“That’s a $10 bill,” he said.
Such scenes were playing out up
and down Boston Avenue, one of the
areas of town where businesses were
hit hardest by the floodwaters that
for a couple of days divided Longmont into disconnected northern and
southern halves.
JOSHUA LINDENSTEIN
Flooding leaves a chaotic scene in a portion of the machine shop and tool room at WP Manufacturing in Longmont, which
makes injection molding.
Brad Power, Longmont director of
economic development, said it would
take some time for city officials to land
an official count of businesses affected.
He and his staff had been too busy
dealing with life safety issues and helping with various other relief efforts.
“I’m frankly amazed at how many
are reopened,” Power said a week
after the flooding had begun. “People
are working pretty hard out there to
get back going.”
While almost all vowed to be back
in business, many knew the road to
recovery would be a long one. Damage
estimates for many ranged from the
thousands to the millions of dollars.
Record rainfall pummeled the
Front Range, starting Sept. 9 and
lasting nearly a week. On Sept. 12,
Boulder County’s rivers and creeks
could no longer contain all the water.
In Longmont, the St. Vrain River and
Left Hand Creek overflowed all the
way through town before eventually
converging on the east side.
Harvest Junction, a shopping center
that straddles Colorado Highway 119 in
the southeast part of town, saw flooding
on both sides of the road, although most
of those businesses reopened within a
couple days after the rain subsided. The
same went for the area of South Main
Street where Lefthand Creek crosses it.
Businesses near First Avenue and Main
also were affected.
Recovery along and near Boston
Avenue, to the west of Main, will take
more time.
Once floodwaters receded, the
COURTESY DIGITALGLOBE INC.
An aerial photo taken Sep. 13 shows flooded areas in an industrial area along Boston Avenue in south Longmont.
scene along Boston from Sunset Street
to Price Road looked like something
out of the old West, with vehicles
instead of stagecoaches kicking up
dust from the mud-packed street.
The water that impacted that area
most, however, didn’t come directly
from the nearby St. Vrain River but
via the St. Vrain-swamped Izaak Walton Park to the north, where a pond
burst through its banks.
Left Hand Brewing Co., right next
to the St. Vrain, saw minimal flooding in its buildings and had opened its
tap room by Sept. 16. Beer was being
brewed again the next day. But 50
yards to the east, Sun Construction
saw eight inches of water in its building. Across the street from Sun, commercial and residential maintenance
company Panorama Coordinated Services got about two feet. Farther east,
businesses such as WP Manufacturing
and The Corvette Spa saw two to
three feet of water in their buildings.
“Compared to our neighbors, we’re
pretty lucky,” said Chris Lennert, vice
president of operations for Left Hand,
which celebrated its 20th anniversary in
part by raising money for flood relief at
Longmont Oktoberfest on Sept. 20-21.
Panorama owner Pete Storz said
his company had been able to get
most of its main assets – vehicles and
equipment – out of its building to
a different location before the flood
waters hit. His software and client data
were backed up in the cloud. Despite
having plenty of flood damage to clean
up in his building, Panorama was operating as usual on Sept. 17. Storz had
no damage estimate but said he had
insurance to cover most of it.
Not everyone could say the same.
Owner Curt Ingram of Corvette
Spa, a high-performance and autorestoration shop, said he had no flood
insurance to cover his estimated
➤ See Longmont, 9A
8A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
FLOOD 2013
Boulder businesses make do amid mud
Cleanup goes on
days after storms
flood parts of city
BY BETH POTTER
[email protected]
BOULDER – A river of mud – up
to six inches deep in some places –
still covered the former parking lots
and buildings of several businesses on
North Broadway in Boulder almost
three days after storms that caused
devastating flooding had moved on.
Passers-by stepped carefully on the
muddy sidewalk in front of SecurCare Self Storage as cars drove by
slowly, kicking up clouds of dust on
the road. A backhoe moved dirt in
the obscured paved parking lot of KL
Realty, at 4535 N. Broadway. Three
doors to the north, a forklift moved
clean solar panels from inside of the
water-logged Namaste Solar Electric
Inc. building into waiting storage
truck trailers.
At SecurCare, 4545 N. Broadway, workers shoveled water and
mud from a clogged storm drain.
Area manager Melissa Melgaard
watched nearby, taking phone calls
and in-person questions from storage
unit customers worried about their
belongings. A man raised his voice,
worried about his truck parked in a
SecurCare unit.
But for the most part, people were
calm about the potential damage to
belongings in the units, Melgaard
said. Water and mud flooded into the
facility from the west side on Sept. 12,
and kept coming after that, according to Melgaard and nearby business
owners.
Officials estimate $150 million
in damage was done to roads, bridges and buildings in a preliminary
assessment done across the Front
Range. More detailed numbers were
not immediately available, as businesses and residents continued to
clean up.
At Namaste, one building north of
the SecurCare site, cleanup workers
from Ecos Environmental & Disaster
Restoration Inc. were loading up clean
solar panels.
Boulder Namaste workers were
working from the company’s Denver office and from space at Tendril
Networks Inc., a power grid software
company located near 55th and Pearl
streets in Boulder, said Blake Jones, a
co-founder of Namaste.
“It’s been crazy. After the water
finally stopped, we said ‘Hooray,
the water stopped, but look at the
sediment it left behind’,” Jones said.
“We’re thankful that we could shift
our operations.”
Jones said he expects Boulder
cleanup to take three to four months.
From a logistical standpoint, Namaste
BETH POTTER
Flood mitigator Red Clementi, left, and technician Pedro Nevarez, driving a Bobcat
– both employees of Ecos Environmental and Disaster Restoration Inc. – work as
part of a crew moving clean solar panels, equipment and furniture out of Namaste
Solar Electric Inc. after extensive flooding in Boulder.
employees can work from anywhere,
though, he said. Tendril volunteered
space because its software dovetails
nicely with Namaste’s work with the
solar panels, Jones said.
In addition, volunteers from a B
Corporation conference held in Boulder during the week also helped clean
up the Namaste offices and parking
lot, Jones said. B Corporation is a nonprofit group with a system to certify
socially conscious businesses. Several
local companies are B Corp.-certified,
including Namaste.
The Ecos Boulder building several
doors to the south of Namaste, was
closed, and its parking lot was filled
with mud. After flooding on Sept.
12, Boulder workers were sent to
the Glenwood Springs office. Even
though they were miles away, the
workers were overwhelmed by phone
calls requesting cleanup services in
Boulder County, said Paige Grable, a Boulder worker in Glenwood
Springs.
“Every friend I have was affected
by this,” Grable said. “We haven’t had
a chance to clean up our own office
because we’re going to people’s houses
and helping them.”
One door to the south of SecurCare, Stephanie Nelson, owner of
Nelson Law Office, 4535 N. Broadway, was dragging out trash cans of
waterlogged papers.
Across the street at Boulder Dental Arts, 4520 N. Broadway, Unit B,
employees worried about the “river”
outside in the street, but water never
actually came into the office, said Jeff
Patrician, owner of the practice. The
parking lot was filled with water the
next day – Friday the 13th. Patrician
said workers passed out free bottled
water that day to the hundreds of
people walking around in the street
to survey the damage.
“I don’t want to say it was a festive
atmosphere,” Patrician said, “but it
was like a snow day, where everyone
comes out to see the snow.”
Boulder Community Hospital’s
Foothills campus sustained some
minor flooding in two offices near
its laboratory over the several days
of torrential rain, said Patti Sedano,
a hospital spokeswoman. The water
did not reach the hospital’s laboratory,
however, and patient care was not
impacted, Sedano said.
Hospital officials have donated office space to Boulder County
CareConnect, which saw extensive
flood damage Sept. 12 in its previous office space at Frasier Meadows
Retirement Community, 350 Ponca
Place, near Baseline Road in east
Boulder. Residents of the assistedliving community were evacuated
that night, said Kathy Pollicita, a
spokeswoman. Many were later
temporarily moved to Golden West
Senior Living apartments and facilities.
CareConnect now is located in an
office building on Riverbend Road
across the street to the east from
the hospital’s Foothills campus. The
nonprofit coordinates volunteers with
local seniors and adults with disabilities.
West of the hospital, Fate Brewing
Co. was close to raging Boulder Creek
but sustained no damage other than
a flooded parking lot on Friday, said
Hannah Lloyd, sales manager.
“We were nervous when it was
raining as hard as it was. We came
in Thursday night to inspect it and
Friday night, but we haven’t had any
serious damage at all. We’re fully
open,” Lloyd said.
Pharmaceutical company CordenPharma Colorado, 2075 N. 55th St.,
saw some flood damage in its business
development building from accumulated rainwater inside the perimeter
of the company campus, said Abby
Thompson, a company spokeswoman.
“After a short period of assessing
the impact to the site, plant operations were restarted,” Thompson said
in an email. “Remediation efforts also
have begun.”
Some businesses on 15th Street
between Arapahoe Avenue and Canyon Boulevard also were affected
by flooding and mud. Art Cleaners
workers at 1715 15th St. shoveled
about six inches of mud off the sidewalk and street and put mats down
inside, said owner Brian Hansen.
Liquor Mart, 1750 15th St., was on
slightly higher ground and saw only
minor leaking in the roof, said Dominic Muniz, a store booth manager.
The Boulder Chamber stood
ready to offer emergency assistance
to any business that needed it, said
John Tayer, president of the business group. In addition to offices and
storefronts, many Boulderites who
work from home may have been
impacted by the flooding, Tayer said.
“The vast majority of businesses
are back up and running and ready
for business,” Tayer said. “Certainly
others will have longer recovery periods.”
David DuPont, chief executive
of TeamSnap Inc., was grateful that
his office at 1035 Pearl St. was unaffected. TeamSnap makes a mobile
application used by sports teams.
DuPont said his basement and
those of some employees were flooded by the storms. But when he saw
media reports that 119 houses were
destroyed in Colorado during the
storms, it “puts everything in perspective.”
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
|
9A
FLOOD 2013
Agencies offer financial help in wake of flooding
BY BUSINESS REPORT STAFF
[email protected]
BOULDER – Owners of homes
and businesses affected by the floods
have several options for receiving
financial assistance, including lowinterest loans and grants, through the
federal government.
Companies in Boulder County can
apply for federal disaster loans of up
to $2 million from the Small Business
Association. Even if businesses didn’t
suffer any damage, owners can apply
for economic injury disaster loans of
up to $2 million, said Gary Colton,
a spokesman for the federal agency.
said. The working capital loan can
be used to pay for salaries and other
immediate expenses, he said.
“They have to show that their
revenues suffered as a result of the
storm and that flooding caused them
to be closed for a period of time and
decreased their business,” Colton said.
An estimated one in four small businesses does not survive a flood disaster,
according to industry estimates.
Disaster loans for businesses can
be used to repair or replace damaged
or destroyed real estate, equipment,
inventory and other business assets.
Homeowners can apply for loans of
up to $200,000 to repair or replace
damaged or destroyed real estate.
Homeowners and renters also can
apply for loans of up to $40,000
to repair or replace damaged or
destroyed personal property, the SBA
said.
Interest rates on the loans can be
as low as 4 percent for companies and
as low as 1.937 percent for homeowners and renters, the SBA said. Loan
amounts and terms are set by the
SBA and are based on each applicant’s
financial condition, the agency said.
Bill Koontz, a spokesman for the
SBA’s Office of Disaster Assistance,
said iInterest rates depend on whether
each applicant has credit available
elsewhere, or the ability to borrow
from non-government sources or
other sufficient funds or resources.
LONGMONT
SBA business recovery centers
BUSINESS REPORT STAFF
The U. S. Small Business Administration and the Colorado Small
Business Development Center have
set up business recovery centers in
Estes Park, Greeley, Longmont and
Loveland.
The centers are designed to provide key financial and counseling
services to businesses impacted by
the severe storms, flooding, landslides and mudslides that began
Sept. 11.
No appointment is necessary.
Boulder County
Twin Peaks Mall
1250 South Hover Road, Long-
mont
Mondays through Fridays, 9 a.m.6 p.m.; Saturdays, 9 a.m.-1 p.m.
Larimer County
815 14th St. SW, Loveland
Mondays, Tuesdays and Wednesdays, 9 a.m.-6 p.m.
The Stanley Hotel
333 East Wonderview Ave., Estes
Park
Mondays through Fridays, 9 a.m.6
p.m.; Saturdays, 9 a.m.-1 p.m.
Weld County
Greeley Chamber of Commerce
- conference room
902 7th Ave., Greeley
Thursdays and Fridays, 9 a.m.-6
p.m.; Saturdays, 9 a.m.-1 p.m.
Those who do not have credit available elsewhere are eligible for SBA
disaster-relief assistance
Before businesses can apply for
assistance from the SBA, they must
register with the Federal Emergency
Management Agency, Koontz said.
FEMA’s disaster-related assistance
may include:
• Low-cost business loans up to $2
million for uninsured property losses.
• Working capital loans up to $2
million for small businesses and nonprofits to cover cash-flow problems to
recover from this disaster.
• Unemployment payments for
workers who temporarily lost jobs
because of the disaster.
• Income tax assistance for filing
casualty losses.
• Rental payments for temporary
housing,
• Grants for home repairs for items
not covered by insurance.
• Grants to replace personal property.
To be considered for loans, companies and individuals must call
FEMA at 1-800-621-FEMA (3362).
SBA representatives also are meeting
applicants personally at a center set
up in a vacant space at Twin Peaks
Mall in Longmont.
For details about the disaster recovery centers call the SBA Customer
Service Center at 1-800- 659-2955.
“We encourage everyone who is
eligible to apply,” Koontz said. “You
can turn down the loan if you’re
accepted, and it’s too early for some
people to tell what their costs will be
down the road.”
Ricardo Zuniga, a FEMA spokesman, said registering doesn’t guarantee funding, but that not registering
does guarantee individuals will not
receive assistance.
Aside from the federal government, other organizations are working to provide relief to those affected
by floods, either through monetary
donation or forgiveness of fees.
Colorado Farm Bureau has established a fund to aid farmers and
ranchers whose properties have been
impacted by flooding, and the Internal Revenue Service has announced
that certain taxpayers in affected
counties will be able to pay their taxes
later than originally required.
The IRS will postpone tax filing
Across the street, WP Manufacturing’s flood insurance policy was
capped at $500,000, well short of the
estimated $2.5 million to $3 million
McLean estimated he had in damage
and inventory loss. McLean had the
added issue of the city condemning his
45,000-square-foot building because
of structural damage at the northwest corner that included washed-out
ground at the foundation, a portion of
flooring that heaved and a hole in the
wall caused by flood debris.
McLean, who bought the company
in 2008, had moved it to the Boston
Avenue location in April 2012, making it tough to watch piles of brand
new carpet pulled out into the parking
lot. Still, McLean said if his machinery
“behaved” once it was cleaned up and
structural issues with the building
were fixed, the company could be back
in production soon. WP’s facility in
Mexico could help pick up some of the
slack in the meantime.
“On-time delivery is going to be a
challenge,” McLean said, adding that
he was confident that the business
would bounce back.
Like WP, Budget Home Center’s
flood insurance policy was capped
at $500,000. Owner Butch Vernon
estimated $500,000 to $1 million in
damage to the hardware store. Located
a couple blocks east of WP at Boston
and South Pratt Parkway, Budget saw
only about an inch of mud and water
in the 80,000-square-foot store, and
Need help?
If you’ve been impacted by the Front Range floods,
these organizations can provide assistance.
National Flood Insurance Program
Customer service: 1-800-427-4661
Existing policies: 1-800-638-6620
Colorado Division of Banking and Insurance
Consumer information: 1-303-894-7490
Toll-free outside Denver: 1-800-930-3745
Complaints: 1-303-894-7499
U.S. Department of Veterans Affairs
1-800-827-1000
TTY 1-800-829-4833
Online at www.va.gov
Better Business Bureau serving Northern
Colorado and Wyoming
1-800-564-0371
http://wynco.bbb.org/
Consumer Credit Counseling Service
Call 211 for the nearest location.
If you sustained loss or damage and live in
Larimer, Weld, Boulder or Adams counties, you
should immediately register for disaster assistance by calling 1-800-621-FEMA (3362) or by
visiting DisasterAssistance.gov.
For small businesses affected by the flooding,
register your claim with the Small Business
Administration at www.sba.gov.
For a list of housing resources available from
the U.S. Department of Housing and Urban
Development, visit www.hud.gov.
For farmers seeking assistance, visit the Farm
Service Agency’s Disaster Assistance Programs
resource page at www.fsa.usda.gov.
For a comprehensive overview of what to do
before, during and after a flood, visit the Federal Emergency Management Agency’s flood
resource page at www.ready.gov/floods.
and payment deadlines to Dec. 2 for
businesses that previously obtained an
extension until Sept. 16 to file their
2012 returns, as well as individuals and
businesses that received a similar extension until Oct. 15. The extension also
includes the estimated tax payment for
the third quarter of 2013, which normally would have been due Sept. 16.
Beth Potter, Joshua Lindenstein and
Molly Armbrister contributed to this
report.
from 7A
$75,000 to $80,000 in damage to
equipment and customers’ cars. He
was working with the Small Business
Administration instead to see what
sort of aid or loans were available.
Ingram said he’d likely be out of business three to four weeks while his
landlord repaired the building.
“It will not put me out of business,”
Ingram said. “We’re just set back.”
Next door at Main Street Import, a
small used-car dealer and repair shop
that had just relocated to the spot in
May, owner Andy Im estimated more
than $100,000 in damage. Im, who
also had no flood insurance, said the
flood wouldn’t put him out of business
but that he’d be “starting back at rock
bottom.”
Vernon said inventory there was fine.
In a lower building at the back of the
property where pre-hung doors and
countertops are made, however, Vernon said five feet of floodwater had
destroyed all inventory.
Nonetheless, Budget Home Center’s 45 employees were allowed back
in the building on Sept. 15, and the
store was open two days later. Like
McLean, Vernon lauded his employees
for their efforts and resilience. When
he first saw the damage, said Vernon,
who is nearing retirement, he wanted
to “hop in a Winnebago and head for
Arizona.” Those feelings quickly faded
as the cleanup efforts began.
“We have no plans but to fight on,”
Vernon said.
10A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
FLOOD 2013
Area businesses pitch in for flood relief
BUSINESS REPORT STAFF
[email protected]
Here is a partial list of businesses and organizations that are providing help to victims of the
Colorado floods.
• Broomfield-based Ball Corp.’s Ball Foundation will donate $1 million to support relief
efforts in Colorado following the devastating
floods that impacted the state this month.
The $1 million contribution will benefit local
nonprofits that are assisting with flood relief
efforts, including Community Food Share,
Impact on Education Foundation for Boulder
Valley Schools and the Foothills United Way’s
Foothills Flood Relief Fund. Additionally, the
foundation will match employee donations on
a two-to-one basis as part of the company’s
annual community giving campaign.
• IBMC College donated $1,500 to the
flood-relief efforts. IBMC students voted
that the school would give $500 each to the
Larimer County Flood Long Term Recovery
Fund, Fort Collins campus; the St. Vrain Flood
Relief Fund, Longmont campus; and the Weld
County Flood Relief Fund, Greeley campus.
• Office Evolution, a virtual office and executive suites provider, is opening its doors from 9
a.m. to 5 p.m. through Friday, Sept. 27 to local
entrepreneurs who need a place to work or
cannot get to their normal jobs because of traffic, closed highways and flooding. Office Evolution drop-in workspaces offer Wi-Fi, printing/
fax capabilities and an on-site business center
manager to field information requests. Local
business people are welcome to access these
spaces (first come, first served or as space allows), regardless of whether they are an Office
Evolution client. Locations: 4845 Pearl East
Circle, Suite 101, Boulder; 11001 West 120th
Ave., Suite 400, Broomfield; 357 S. McCaslin
Blvd., Suite 200, Louisville; 14143 Denver West
Parkway, Suite 100, Golden; 1624 Market St.,
Suite 202, Denver.
• The Northwest Denver Economic Development Partnership will donate 10 percent
of the dollar value of new membership investments from now through October 31 to the
American Red Cross for flood relief efforts.
• Boulder residents Elana Amsterdam and
Rob Katz, chief executive of Vail Resorts Inc.,
donated $350,000 to the Foothills Flood Relief
Fund.
• Broomfield-based engineering and construction firm MWH Global’s MWH Caring
Foundation contributed $50,000 to the
Foothills Flood Relief Fund and $50,000 to the
FLOOD
Long-Term Recovery Fund.
• The Residence Inn, Springhill Suites
and Courtyard, host hotels for the Fireball
Run, held a kickoff party Sept. 20 at the hotel
complex in Longmont. All proceeds were to
go to the Left Hand Foundation to support
those in need from the recent flooding. The
party included a beer garden located at the
hotels’ parking lot with live music, food and
beverages.
• Seagate Technology LLC, with operations
in Longmont, will donate a combined total of
$75,000 to six nonprofit organizations providing flood relief along the Front Range. These
organizations are: OUR Center in Longmont,
Longmont Community Foundation, American
Red Cross Mile High Chapter, Foothills United
Way; United Way of Larimer County and
United Way of Weld County.
• The Emergency Family Assistance Association in Boulder is coordinating with evacuation centers in Boulder and Longmont to
meet the immediate needs of those impacted
by the flooding.
• Ford Motor Credit Co. and Lincoln
Automotive Financial Services are offering
customers affected by recent floods and
other storm damage the option to delay some
car and truck payments. The disaster relief
program allows qualified customers to delay
one or two monthly payments, resuming
their regular payment schedules when their
situations improve. The offer is available to
customers who are leasing or have purchased
vehicles with financing from Ford Credit,
Lincoln Automotive Financial Services, Jaguar
Credit, Land Rover Capital, Mazda American
Credit, PRIMUS or Volvo Car Finance. Customers who are eligible for the disaster relief
program will be sent postcards with contact
instructions. Customers also may call toll-free
1-800-723-4016.
• Boulder Brands Inc. will make a $100,000
commitment to directly aid disaster relief and
recovery efforts. The company also will match
employee donations up to a total of $100,000.
The company planned an employee service
volunteer day, as well as a goal of 500 volunteer hours by employees toward flood-relief
efforts by the end of 2013. Boulder Brands
has 60 Colorado-based salaried employees.
• The Lafayette City Council will donate
$10,000 from its contingency fund to Elevations Credit Union’s flood relief fund. The Elevations Foundation will match the city’s contribution. Elevations is working directly with
local agencies to ensure all money collected
will go to temporary housing for individuals
and families displaced by this disaster.
• The Kitchen Next Door at 1035 Pearl St.
in Boulder hosted a flood benefit Sept. 19. All
profits from food and beverage sales were to
go to the Colorado Flood Relief Project.
• Left Hand Brewing Co. in Longmont was
to donate a portion of proceeds from its
Longmont Oktoberfest, held Sept. 20-21 at
Roosevelt Park in Longmont, to Longmont
Meals on Wheels, HOPE for Longmont and
the Left Hand Brewing Foundation, the company’s disaster-relief fund.
• Plans are under way for a flood-relief concert
Sunday, Oct. 6, at Dickens Opera House,
Third Avenue and Main Street in Longmont,
featuring performances by Something Underground and Chris Daniels.
• Broomfield-based Level 3 Communications Inc. is matching employee contributions
to the Red Cross. The company is still evaluating the level of matching.
• Signature Offset, a printing company in
Broomfield, is collecting food and clothing at
224 Commerce St. for distribution to flood
victims.
• Crocs Inc. donated 100 pairs of rain boots
to the Red Cross station at the Boulder
YMCA. The company also held a 48-hour
online fundraiser, during which $5 from each
pair of full-priced shoes purchased on Crocs.
com was donated to the Red Cross for floodrelief efforts.
• Anthem Blue Cross and Blue Shield’s
associates and foundation will combine to
donate as much as $125,000 to the American
Red Cross for flood relief.
• Boulder-based venture capital fund Foundry
Group is donating $100,000 through the
Entrepreneurs Foundation of Colorado, the
group founded by the company and its partners to help give back to the local community.
The new funds will go directly to supporting
flood relief in Boulder, Longmont and Lyons.
• The Community Foundation Serving
Boulder County said an anonymous donor
has made a $50,000 matching grant to the
Foothills Flood Relief Fund. The next $50,000
in online contributions to that fund will be
doubled through the match. The Foothills
Flood Relief Fund was created by Foothills
United Way in cooperation with The Community Foundation Serving Boulder County
and other community leaders. All funds raised
through this effort will be used for short- and
long-term health and human service needs
related to the flooding. Tax-deductible donations can be made at www.unitedwayfoothills.
org/floodrelief.
• Boulder-based Elevations Credit Union
will match all contributions dollar for dollar up
to $100,000 to support flood-recovery efforts
through Sept. 30.
• 9News and its Gannett partner, the Fort
Collins Coloradoan, will donate $10,000 to
the Red Cross to aid in flood relief.
• Volunteers from Exempla Good Samaritan
Hospital Foundation delivered $9,000 worth
of food to Jamestown evacuees that were
sheltered at Niwot High School. The food was
going to be used for the foundation’s annual
fundraiser, the Good Sam Bike Jam, which
was canceled because of the flood.
• Wells Fargo & Co .is contributing $100,000
to the American Red Cross, $30,000 to the
Salvation Army and $20,000 to Foothills Relief
Fund.
• Noble Energy Inc. will donate $500,000 to
support disaster-relief and recovery efforts
for Colorado communities affected by floods.
The contribution includes a $500,000 cash
donation to the American Red Cross Colorado
Relief Fund and a commitment to match employee donations up to $1,000 per employee.
• The Merrill Lynch /Bank of America
Charitable Foundation donated $20,000 to
the American Red Cross Colorado chapter.
• Broomfield-based Vail Resorts Inc. has
made a $100,000 contribution toward relief efforts and will donate $1 for every season pass
sold in Colorado, which will more than double
its overall contribution.
• Radio station KUNC, FM 91.5 in Greeley,
heard in Boulder on 102.7, was to donate 50
percent of all sales of remaining tickets for
Ira Glass’ Reinventing Radio, set for Sept.
21 at Chautauqua Auditorium in Boulder, to
Colorado flood relief. All donations were to go
to the Foothills Flood Relief Fund.
• Denver-based Greenbox Self Storage is
offering 60 days of free storage to any household along the Front Range that has been
impacted by the recent floods. The offer is
available at either of the Greenbox locations in
Denver: 3310 Brighton Blvd. or 1385 S. Santa
Fe Drive. In addition, Greenbox is offering
free use of its moving trucks in order to move
household goods to either storage location.
For more information, call the Brighton Boulevard location at 303-293-8888 or the Santa Fe
Drive location at 303-744-8888, or visit www.
GreenboxSelfStorage.com.
from 1A
ed areas and the towns of Jamestown
and Lyons alone – yielded 349 homes
destroyed, 428 with major damage and 3,426 with minor damage.
Another 87 commercial buildings in
those areas received major or minor
damage, with four destroyed.
That’s not counting any of the
hundreds of buildings flooded in
cities such as Boulder or Longmont,
where businesses were hit by damage
ranging from the thousands to the
millions of dollars and residents were
left scrambling to see if they were
one of the few who carried a flood
policy on top of their homeowner’s
insurance.
Eight flood-related deaths have
been confirmed in Colorado, including four in Boulder County. Early
fears were that those totals could
be much higher. Boulder County
worked through more than 800
reports of unaccounted-for people
during the storm before finally whittling that number down to zero the
week after the flooding as people
who had been stranded without
means to communicate were tracked
down.
More than 1,600 people in the
county had to be evacuated, including hundreds by air, by rescuers from
the National Guard and other agencies.
Xcel Energy Inc., estimates that
1,400 of its Boulder County customers were without electricity during
the height of the flooding, and about
7,000 lost natural gas service.
Monsoonal flow
The chaos all stemmed from a
monsoonal flow of moisture that
approached from the tropical Pacific
and got stuck over Colorado’s Front
Range between a pair of upper-level
weather systems that had parked
themselves to the east and west.
“It was just one of those setups
where everything came together just
right to allow us to have that sustained moisture and flow up against
the foothills,” said Kari Bowen, a
meteorologist with the National
Weather Service in Boulder.
The rain began Sept. 9, and the
area hadn’t seen the last of the storm
until a week later. In all, most parts
of Boulder received 16 to 17 inches of
rain, tripling the previous record for
the city for the entire month of September. The amounts were off the
Weather Service’s probability charts,
which indicated that such rainfall
should happen in Boulder on average
less than once every 1,000 years.
Longmont, which was hit hard by
flooding of the St. Vrain River and
Left Hand Creek, received up to
eight inches of rain during the same
➤ See Flood, 22A
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
|
11A
FLOOD 2013
An attorney’s guide to dealing with disasters
A
s Boulder and the flood ravaged surrounding communities of the Front Range begin
the process of recovery, as a business
owner, your first priority will be to
make sure that your business premises are secure and, if your building
has been damaged, that you have
taken appropriate steps to make
your building safe for employees,
customers and visitors.
Be sure to keep track of the
expenses you incur to secure your
business as those expenses may be
covered by your insurance.
Additionally, document your damage by taking photographs and video
recordings, gathering copies of inventory records, asset records, building
improvements and remodels, etc. Take
detailed notes of your conversations
with first responders, insurance agents/
brokers, insurance claims representatives/adjusters, landlords, contractors,
restoration and service providers.
Be sure to include in your documentation the name of the person(s)
you spoke with; the purpose of the
call or visit; what was discussed;
action items; and, who is going to do
what and when. Where practicable,
confirm calls and meetings in writing with an e-mail or letter.
Review your insurance
If you have not done so, you should
locate and carefully review all insurance policies including general liability, automobile, business interruption
and umbrella or excess policies.
Contact your insurance representative regarding your damage
and for guidance on how to submit
your claim. Next, promptly notify
your insurance
carriers, including a written
confirmation of
your damage and
claim.
Typically, a
carrier representative or adjuster
will contact
GUEST OPINION
you within a
Theodore E. Lazlo Jr.
few days and
schedule a time
to visit your business and inspect
the damage and begin the process of
adjusting your claim — that is determining the extent of the damage,
cost of repair or replacement, and
available coverage; certain coverages,
like business interruption coverage,
may not cover the first few days of
loss.
If the carrier reports that some
or all of your damage is not covered
by your insurance policy, you should
ask for a complete explanation of
the basis for the denial of coverage.
If you continue to disagree with the
carrier’s decision about coverage,
many insurance policies provide for
an administrative appeal process and
require that you submit unresolved
disputes to binding arbitration rather
than through the legal system.
Stay connected, informed
Contact your clients and customers, vendors and suppliers, financial
institution, landlord, and/or mortgage lender to inform them of the
status of your business and when
you expect your business to return
to normal operations.
Recovery assistance may be available through local emergency resource
centers, FEMA, the Small Business
Administration, your local chamber of
commerce, and trade groups.
Be vigilant with repairs, cleanup
Another thing to be mindful of
is that part of your recovery process
may necessarily involve hiring a construction, repair or other service provider to assist with assessing the damage and making the needed repairs.
There are some fundamental due
diligence steps you can take when
dealing with a contractor or service
provider to protect yourself and your
business:
Ask for three to five local references, including their names and
contact information, and, then check
out those references. Check independent rating sources such as the
Better Business Bureau or the several
reputable on-line rating resources.
Depending on the nature of the
work, ask to review and inspect the
provider’s current licensing information.
Ask to review and inspect the
provider’s current insurance coverage information including general
liability, workers’ compensation and
automobile liability.
Insist on a proposal and ultimately
written contract for the services, which
provides at least the scope of work, payment terms, adherence to applicable
licensing and building code requirements and, the time for performance.
Do not agree to anything more
than a minimal deposit and progress
payments as the work proceeds to
your satisfaction. Never provide your
confidential personal or financial information. For example, there is no reason
the provider needs your personal information such as Social Security number
or bank account information.
These simple tips can help along
the process of recovery for your
business and help minimize risks
going forward.
Theodore E Laszlo Jr. is an attorney with Boulder-based LaszloLaw.
He can be reached at 303-926-0410.
What’s Next?
Health-Care Reform
in the
Boulder Valley
PULSE
Nov. 12, 2013
7:30 am to 1:30 pm
Plaza Conference Center
in Longmont
the State of
Health Care
303-440-4950 | www.bcbr.com
BREAKFAST
KEYNOTE SPEAKER
MICHAEL SLUBOWSKI
PRESIDENT AND CEO,
Sisters of Charity of Leavenworth
Health System and Chair of the
Exempla Healthcare Board of Directors
Tickets Available at www.BCBR.com - Click on Events
12A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
DISCOVERIES
BOULDER COUNTY BUSINESS REPORT
WWW.BCBR.COM
CU spinoff improving batteries for e-cars
SPECIAL TO THE BUSINESS
REPORT
The real innovation is an all-solid composite cathode
[email protected]
that is based upon an iron-sulfur chemistry that we
BOULDER — CU’s Technology
Transfer Office has completed an
agreement with Solid Power LLC
— a CU-Boulder spinoff company
founded by Se-Hee Lee and Conrad
Stoldt, both associate professors of
mechanical engineering — for the
development and commercialization of an innovative solid-state
developed at CU. This new, low-cost chemistry has
rechargeable battery.
Solid Power also was recently
awarded a $3.4 million grant from
the U.S. Department of Energy’s
Advanced Research Projects Agency-Energy for the purpose of creating a battery that can improve
electric vehicle driving range.
The rechargeable batteries that
are standard in today’s electric vehicles—as well as in a host of consumer electronics, such as mobile
phones and laptops—are lithiumion batteries, which generate electricity when lithium ions move back
a capacity that’s nearly 10 times greater than
state-of-the-art cathodes.
Conrad Stoldt
CO-FOUNDER/PRINCIPAL SCIENTIST,
SOLID POWER LLC
and forth between electrodes in a
liquid electrolyte solution.
Engineers and chemists have long
known that using lithium metal as
the anode in a rechargeable battery
— as opposed to the conventional
carbon materials that are used as
the anode in conventional lithiumion batteries — can dramatically
increase its energy density.
But using lithium metal, a highly
reactive solid, in conjunction with
a liquid electrolyte is extremely
hazardous because it increases the
chance of a thermal runaway reaction that can result in a fire or an
explosion.
Today’s lithium-ion batteries
require a bulky amount of devices
to protect and cool the batteries. A
fire onboard a Boeing Dreamliner in
January that temporarily grounded
the new class of plane was linked to
its onboard lithium-ion battery.
Lee and Stoldt solved the safety concerns around using lithium
metal by eliminating the liquid
electrolyte. Instead, the pair built
an entirely solid-state battery that
uses a ceramic electrolyte to separate the lithium metal anode from
the
cathode.
Project2_Layout 1 1/11/13 1:49 PM Page 1
Because the solid-state battery
is far safer, it requires less protective packaging, which in turn could
reduce the weight of the battery
system in electric vehicles and help
extend their range.
Research into the development
of solid-state batteries has gone
on for a couple of decades, but it
has been difficult to create a solid
electrolyte that allowed the ions to
pass through it as easily as a liquid
electrolyte.
“The problem has always been
that solid electrolytes had very poor
performance making their use in
rechargeable batteries impracti➤ See Discoveries, 14A
CU research partnerships
The ROI on innovation
has never been stronger.
The Power of Partnership
The University of Colorado Denver | Anschutz Medical
Campus has established a national leadership
position in transforming university innovations into
real-world medicines.
We are a catalyst—bringing faculty inventors and
researchers together with biotechnology, pharmaceutical,
device and information technology companies—to
translate ideas into products that make a difference.
It’s a partnership that provides seamless collaboration
between our researchers and clinicians, and your
company—supported by our broad range of research
labs, affiliated hospitals and bio-specimen facilities.
We offer the kind of connections and services that
ensure ideas are leveraged to their greatest potential
and improve clinical outcomes.
To learn how your company can take advantage
of our fresh thinking, research expertise
and partnership approach, visit
ucdenver.edu/PartnerNow.
www.ucdenver.edu/PartnerNow
with national laboratories
deliver new knowledge
and learning opportunities,
a surging entrepreneurial
environment, and a positive
impact on our economy and
quality of life.
Sept. 27 - Oct. 10, 2013
BOULDER COUNTY BUSINESS REPORT
|
13A
WWW.BCBR.COM
PRINTING & GRAPHICS
14A | Commerical Printers
PETER WAYNE
Color print specialist Curtus Mathis inspects a Xerox digital color press at Colt Print Services in Boulder. The press emulates a traditional offset machine, using toner without the sheen that typically identifies digital printing.
Colt presses on after buying Estey
BY HEATHER MCWILLIAMS
[email protected]
BOULDER — For 38 years, businesses along the Front Range and
beyond used Boulder-based Colt Print
Services Inc. for a range of printing
needs from business cards and pamphlets to booklets and paperbacks.
In August, the company bolstered
its business when it acquired another long-time Boulder printer, Estey
Printing Co.
The two print shops used slightly
different equipment and often sent
work to each other over the years,
said Jim Colt, owner of Colt Print
Services, but after 59 years in the
printing business, Estey president Bill
Hayes wanted to retire. He turned to
Colt for help.
“We’ve talked for years, and he
knew that I made this work several
times in the past very successfully,”
Colt said. Colt plans to seamlessly
integrate Estey customers into his
company using existing files and artwork carefully transferred.
From traditional to digital,
printer serves area business
COLT OFFERS TRADITIONAL OFFSET PRINTING
on a press, but also has an array of digital options from
black-and-white to state-of-the-art digital color. It installed a
Xerox iGen4 digital color press in December. It runs six days
a week in a humidity-controlled room.
The Estey acquisition is the eighth
successful incorporation for Colt Print
Services since its inception in 1975,
Colt said. The company offers both
business printing and commercial
digital printing, something unusual in
the industry, he said. The most recent
merger will bring 300 new customers
to Colt. Colt Print Services does $3
million to $4 million in business each
year, and the Estey acquisition could
add $1 million in business per year.
“It’s a pretty significant increase,”
Colt said.
The print shop employs 25 employees and is roughly the 50th largest
printer in the nation, he said. To
facilitate a smooth transition for Estey
customers, long-time Estey general
manager Lauri Weaver moved to Colt
as well.
“She’s a nice addition to the Colt
family,” said Brenda Hittle, customer
service manager for Colt Print Services. Hittle began working in the industry as a youngster at her father’s print
shop, which Colt acquired in 2002.
She’s worked for Colt ever since. She’s
watched the company adapt to a rapidly changing industry, often on the
leading edge of new technology.
Colt offers traditional offset printing on a press, but also has an array
of digital options from black-andwhite to state-of-the-art digital color.
It installed a Xerox iGen4 digital
color press in December. It runs six
days a week in a humidity-controlled
room. A full-time employee keeps
the machine humming smoothly.
The press emulates a traditional offset machine, using toner without the
sheen that typically identifies digital
printing.
The digital press can print on textured paper, shaking the ink into
the surface grooves for a quality end
➤ See Colt, 14A
14A
|
Sept. 27 - Oct. 10, 2013
BUSINESS
REPORT
RANK
1
2
2
4
5
6
7
7
9
10
10
12
LIST
COMMERCIAL
COMMERCIALPRINTERS
PRINTERS
Boulder County Business Report | www.bcbr.com
(Printers
Boulder
Broomfield
counties
ranked
by number
of employees.)
(Printers ininBoulder
andand
Broomfield
counties
ranked
by number
of employees.)
Phone
Website
Year founded
Person in charge
Newspapers, magazines, catalogs, directories, commercial
printing, gloss products and full mail capabilities.
303-443-3800
www.signatureoffset.com
1970
A. Lloyd Streit, CEO/
president
Cary Juvonen, CEO
Four-color 40-inch press, five-color 40-inch press
with coder, 12x18 two-color press, digital press
All printing.
303-444-1123
www.dkprinting.com
1964
Gary Bennett, coowner
30
Docutech 6115, IBM Ifoprint 2000
Color, black and white print jobs
303-449-7100
www.fedex.com/us.com/office
N/A
Peggy Dunbar,
center manager
BSC SIGNS INC.
6970 W. 116th Ave., Unit C
Broomfield, CO 80020
25
Gerber Edge FX
Full service sign company specializing in custom electric
signs, install and service.
303-464-0644
www.bscsigns.com
1999
John Wesley Dobie,
CEO/president
COLT PRINT SERVICES INC.
2525 Frontier Ave.
Boulder, CO 80301
24
4-color Heidelberg, 2-color Heidelberg, 2-color
Riobi, 2-color AB Dick (2), Xerox DocuTech , Xerox
6060 Digital Color, Xerox iGen4, Xerox Nuvera (2)
Business printer and professional copy center. Short run
books, variable data printing, manuals, just-in-time
processing, etc.
303-449-2760
www.coltprint.com
1974
Jim Colt, president
Willard A. Hayes,
owner
GRAFXGROUP / PHOTO CRAFT IMAGING
2901 55th St.
Boulder, CO 80301
18
Two Xerox digital, Fuji Frontier photographic,
LightJet photographic, UV flatbed, large-format
latex, CNC
Design, production and installation of large-format
graphics, POP fabrication, graphic displays, in store
signage. Photographic and inkjet fine-art printing and
custom framing.
303-442-6410
www.pcigrafx.com
1974
Roy McCutchen, CEO
EIGHT DAYS A WEEK
840 Pearl St.
Boulder, CO 80302
12
Canon imagePRESS 1110, Canon
imagePressC6000, HP Designjet 5500 and Z6100
Digital imaging, trade show displays, graphic design. Book
publishing, bindery, 3D printing and scanning
303-443-7671
www.8days.com
1976
Sam Sussman
Cheryl Sussman,
owners
MORRELL PRINTING SOLUTIONS
990 S. Public Road, Unit C
Lafayette, CO 80026-2346
12
Heidelberg (2), DocuTech (2), DocuColors (2),
Neuvera, Xerox 1 GN-5
G7 Master Qualified Digital Printer. Offset and Digital
printing, self-published books, copies, design services,
fine art prints, large format prints and much more.
303-665-4210
www.morrellprinting.com
1975
Jim Morrell,
manager
COPYEXPERTS
5345 Arapahoe Road, Suite 2
Boulder, CO 80303
10
Konica/Minolta C8000 Digital Color Press, Konica/
Minolta 6501 Digital Color Press, Canon IR 7095s
(2), Canon IPF 8100 and Aficio 240W
Digital color and black and white printing, mailings, fullservice bindery,large-format printing and foam-board
mounting.
303-448-1111
www.bouldercopyexperts.com
1997
Kelly Nowlin, owner
CENTENNIAL PRINTING CO.
1849 Cherry St., Unit 6
Louisville, CO 80027
7
Four-color Heidelberg DI, four-color Ryobi, twocolor Ryobi, one-color Ryobi, digital printing
Design and marketing, four-color printing, direct mail
services.
303-665-0388
www.centennialprinting.com
1985
Ed Yeager, president
FEDEX OFFICE
980 Ken Pratt Blvd., Suite B
Longmont, CO 80501
7
Copies, oversize printing, signs and banners
303-702-0131
www.fedexoffice.com
N/A
Randy Kemp, store
manager
DENNIS PRINTING SERVICE- A
SAFEGUARD COMPANY
2300 Central Ave., Suite A
Boulder, CO 80301
6
Brochures, labels, posters, manuals, publications,
promotional products. Print management, financial
products, business forms and apparel.
303-443-4413
www.dennisprintingservice.com
1990
Robert Bibbey,
owner
Lisa Wehunt, office
manager
Local
employees
Presses: Kind (Number of each)
Specialties
SIGNATURE OFFSET
4900 Pearl E. Circle, Suite 300E
Boulder, CO 80301
50
42 units Goss and Tensor
D&K PRINTING INC.
2930 Pearl St.
Boulder, CO 80301
30
FEDEX OFFICE
2795 Pearl St., Suite 104
Boulder, CO 80302-3813
Printer
Extensive press capibilities
Researched by Mariah Tauer
N/A: Not available. If your company should be on this list, please request a survey by e-mailing
[email protected] or calling our research department at 303-630-1961.
COLT
DISCOVERIES
from 13A
result often unavailable in a digital
print. In a separate room, a cluster
of black-and-white printers run 24
hours a day to meet clients’ needs and
provide quick turnaround, Colt said.
Colt offers other industry advances.
“The big trend today is variable
data printing,” Colt said. Variable data
printing allows clients to customize
each mailing to individual customers.
Whether it’s bound insurance plans
specific to each policy holder, real
estate brochures or mailings sporting
an addressee’s name, it’s a business
decision that makes sense, Colt said.
“The return rate is five to 10 times
higher on a mailing where the name
appears on the outside,” he said. “It’s
much more personalized and sophisticated.”
Colt offers traditional offset printing, too – something that can be
cheaper for larger orders.
“If you want 500, it’s almost always
cheaper to print on digital,” Colt said.
“If it’s 10,000, it’s cheaper to do traditional offset.” Traditional printing also
allows clients to create colors specific
to their company’s brand and not replicable on a digital machine.
Colt clients can use the company’s
Rapid ReOrder department, too, a
trademarked system developed by
Colt in the 70s. The shop stores samples of previous jobs along with all
Source: Business Report Survey
pertinent information for reprints
with an order number. Clients receive
a binder with the same information,
then can call or email for reprints
of past jobs, such as envelopes, purchase orders and letterhead. It makes
follow-up jobs fast, accurate and easy
for clients when someone new begins
to do the ordering, Hittle said.
“Customers love it,” she said. “I
have clients who swear by it ... and
you don’t have to reinvent the wheel.”
Additionally, Colt’s onsite binding
department completes everything
from plastic coil to fold-and-stitch
booklets or paperback book binding.
Both can be done in black-and-white
or color. The print shop works with a
range of clients from self-published
authors to local businesses, such as
Sounds True, local grocery chains and
area governmental organizations.
Colt Print Services also offers custom online business portals, another
industry trend, Colt said. Custom
portals allow people to log in and
order business cards in less than a
minute, complete with an instant
online proof. Customers can order
in the evening and pick up cards the
next morning in the store, saving on
shipping as well, Colt said.
“The biggest cost of business cards
is typesetting,” he said, “and this
greatly reduces the cost and increases
the speed.”
from 12A
cal,” Stoldt said. “However, the last
decade has seen a resurgence in the
development of new solid electrolytes with ionic conductivities that
rival their liquid counterparts.”
The critical innovation added
by Lee and Stoldt that allows their
solid-state lithium battery to outperform standard lithium-ion batteries is the construction of the
cathode, the part of the battery
that attracts the positively charged
lithium ions once they’re discharged
from the lithium metal.
Instead of using a solid mass of
material, Lee and Stoldt created
a “composite cathode,” essentially
small particles of cathode material
held together with solid electrolyte
and infused with an additive that
increases its electrical conductivity. This configuration allows ions
and electrons to move more easily
within the cathode.
“The real innovation is an all-solid composite cathode that is based
upon an iron-sulfur chemistry that
we developed at CU,” Stoldt said.
“This new, low-cost chemistry has
a capacity that’s nearly 10 times
greater than state-of-the-art cathodes.”
Last year, Lee and Stoldt partnered with Douglas Campbell, a
small-business and early-stage product development veteran, to spin
out Solid Power.
“We’re very excited about the
opportunity to achieve commercial success for the all solid-state
rechargeable battery,” said Campbell, Solid Power’s president. “We’re
actively engaging industrial commercial partners to assist in commercialization and expect to have
prototype products ready for in-field
testing within 18 to 24 months.”
Important to the early success
of the company has been its incubation within CU-Boulder’s College of Engineering and Applied
Science’s applied energy storage
research center, a part of the college’s energy systems and environmental sustainability initiative.
Solid Power is a member of Rocky
Mountain Innosphere, a nonprofit
technology incubator headquartered in Fort Collins, Colo., with a
mission to accelerate the development and success of high-impact
scientific and technology startup
companies.
“We’re very excited to be working with Solid Power’s team to get
them to the next level,” said Mike
Freeman, Innosphere’s CEO. “This
is a big deal to Colorado’s clean-tech
space. Solid Power’s batteries will
have a huge impact in the EV market, and they have a potential $20
billion market for their technology.”
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
|
15A
Green investment fund producing ‘hot’ returns
C
harles Goldman is now an
equity partner in the ecofriendly Green Alpha Advisors LLC in Boulder.
Green Alpha is the subadvisor
to the Shelton Green Alpha Fund,
which has seen smokin’ hot returns
of 25.6 percent since launching in
March. You can find independent
verification of those returns at
Morningstar.com.
Morningstar also ranked the fund
No. 1 out of 1821 Large Growth
Funds in the second quarter ended
June 30.
But I digress.
Goldman previously headed registered investment advisory custody
units at both Charles Schwab &
Co. and Fidelity Investments before
making the move to Green Alpha.
The firm’s “green” investment
strategy continues to set it apart –
advisers look to invest in publicly
traded companies that focus on the
“Next Economy.”
What does that mean exactly in
the corporate world?
Publicly traded companies getting
a look-see from Green Alpha should
be involved in ways to address global
warming through transportation,
communications, commerce, infrastructure, materials, energy, agriculture, water or any other areas that
might be a fit.
Shelton Capital Management
in San Francisco is Green Alpha’s
parent, with $865 million in assets
under management. Green Alpha
has not disclosed client assets, but
it’s registered with the U.S. Securities and Exchange Commission.
Comings and goings
Longmont-based Mile High
Banks will close
two branches
on Sept. 27, one
in Littleton and
one in Denver,
according to the
Colorado Division of Banking.
The branch
closures leave
BANK NOTES
the bank with 11
Beth Potter
open branches,
including two in
Longmont and one in Boulder.
Strategic Growth Bancorp, a bank
holding company in El Paso, Texas,
bought the struggling Longmont
bank for $5.5 million at the beginning of the year and recapitalized it
with as much as $90 million.
The move came after previous
parent company Big Sandy Holding
Co. in Limon went through voluntary Chapter 11 reorganization.
Meanwhile, Mountain View Bank
of Commerce in Westminster has
opened a Boulder office.
While the one-person show at
3100 Arapahoe Ave. just handles
loan production at the moment,
bank representatives hope to expand
into a full-fledged branch soon, said
Stephen Faillaci, bank market president.
As with so many bankers and
investors before him in the Boulder
market, Faillaci raves about how
great the town is for innovators and
general high-tech excitement.
Mountain View has about $60
million in assets.
Report financial abuse
Bankers and others in the financial world should report suspected
financial abuse – especially that
aimed at older people – to the appropriate authorities.
That’s the word from Federal
Deposit Insurance Corp. officials,
who have joined with seven other
federal regulatory agencies to publicize the plan. It’s not illegal for bankers to report when they see irregular
transactions, unusual account activity and other behavior that might
signal financial abuse, according to
regulators.
Even if it seems like a violation of
privacy, it’s important to report, the
FDIC said in a press release.
Since 1999, banks must notify
BCBRDAILY
IMAGING AND COPY CENTER
Tradeshows:
3D Printing
We produce the highest quality
printed materials for all manner
of trade shows, events, and
conferences.
Create your own 3D models for
every facet of your life.
We’ve added translucent
filaments to the mix.
Work with our designers to
create your own model.
OUR MOST POPULAR ITEMS:
• Retractable bannerstands
• Large format signage
• Table throws
• Business merchandise
LOOKING FOR MORE?
• Structural components for
displays
• A variety of hanging and
fastening solutions for trade
show signage and banners
• Multimedia production including
video, web video and graphics
to liven up your display
WHAT CAN YOU MAKE?
• Prototypes
• True to life objects
• Appliance gears or knobs
• Doodads, gizmos, and
thingamajigs
Industrial 3D Scanning
Now available!
• Create a 3D Digital file of
your a physical object.
• Scan your artwork for
reproduction, make an
archive of your prototype,
and scan and print of your
missing knob or gear.
840 Pearl Street (enter on 9th)
Boulder, CO 80302 | 303 443 7671
www.8days.com
Lending upswing
Wells Fargo reports that one
form of Small Business Administration lending that its bankers do in
Colorado stood at $58.6 million on
June 30. That’s about $30 million
more than the value of loans made
by any other SBA lender in the state,
according to Cristie Drumm, a
Wells Fargo spokeswoman.
The Colorado SBA numbers mirror
a national Wells Fargo small business
survey done in July that shows business owners are more optimistic than
they have been in the past five years.
Some 57 percent of smallbusiness owners across the country
report that they’re seeing a stronger
housing market.
Beth Potter can be reached at 303630-1944 or [email protected].
from 2A
Crocs settles, admits no wrongs
NIWOT – Shoemaker and retailer
Crocs plans to pay $10 million to settle a shareholder class-action lawsuit
without admitting any wrongdoing,
according to a legal document.
Shareholders in Niwot-based Crocs
Inc. (Nasdaq: CROX), known for its
colorful plastic shoes, sued directors
of the company, according to the legal
document. Shareholders allege that
directors made misleading statements
FUNDS
customers if the banks are being
asked to give the customers’ personal information to a third party.
Under the Gramm-Leach-Bliley
Act, banks must give their customers a chance to “opt out” before giving out personal information.
In Boulder County, you can
report abuse to the Boulder County
Area Agency on Aging. Contact the
office at: [email protected]
or 303-441-3570 – or call your local
police department.
about the company, which affected
stock prices from April 2007 to April
2008, according to the document.
A U.S. District Court judge in
Denver is expected to decide in February whether the proposed settlement amount is “adequate” to pay
shareholders, according to the document. Crocs shareholders have until
Dec. 26 to file a claim in connection
with the lawsuit.
Posted Sept. 18.
from 3A
Co. exited TARP in March 2011.
The TARP write-off to FBHC
came to light this month after the
Boulder County Business Report
requested a list of Colorado banks
that had received TARP funds from
the Office of the Special Inspector
General for TARP.
Of 11 Colorado banks on the list,
three paid their TARP loans in full and
four sold their stock at a loss back to
the U.S. Treasury. Four others, including FBHC Holding Co., owed missed
dividend and interest payments.
From 2009 to 2011, FBHC paid
back $154,592 in dividends and interest on its TARP loan, according to
Troy Gravitt, a spokesman for the
Office of the Special Inspector General for TARP.
In March 2011, Treasury officials
wrote off the remaining investment at
a loss of $2.385 million, Gravitt said.
The federal agency also forfeited its
right to collect an additional $123,127
in two dividend and interest payments
when it wrote off the debt, he said.
Flatirons Bank had other financial issues at the time, the Treasury
spokesman said. From 2005 to 2010,
former chairman Mark Yost masterminded a financial fraud scheme that
allowed him to defraud banks and
investors out of $10.8 million.
Yost is serving a six-and-a-half-year
prison sentence in connection with
his crimes.
While many banks across the
nation have repaid the TARP loans
they took, the U.S. Treasury department has written off $1.83 billion in
losses, according to the spokesman.
16A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
FOR THE RECORD
Bankruptcies
Applications for bankruptcy
protection are filed with the
U.S. Bankruptcy Court in
Denver. Chapter 7 denotes
filings made for liquidation.
Chapter 11 indicates filings
for reorganization. Chapter 13 indicates filings that
enable petitioners to pay off
their creditors over three to
five years.
Foreclosures
Includes notices of election
and demand filed by creditors alleging default on a
debt. Foreclosures are not
final until a Public Trustee’s
Deed has been issued.
State Tax Liens
Judgments filed against
assets of individuals or
businesses with delinquent
taxes.
Judgments
Judgments constitute decisions by a court of law
against an individual or
corporation for payment of
monetary damages.
Warranty Deeds
Transfers property while
guaranteeing a clear title
free of any encumbrances
that are not listed on the
deed.
This information is obtained from SKLD Information Services.
BANKRUPTCIES
DATE FILED: 9/4/2013
JUDGMENTS
Boulder County
Chapter 7
Chapter 13
Boulder County
SHERRY KAY PARSLEY, 3214 LAKE
PARK WAY APT 304, LONGMONT;
CASE #2013-24758, DATE FILED:
8/28/2013
ERICA LEE BRANN, 6100 1 HABITAT DRIVE, BOULDER; CASE #201324759, DATE FILED: 8/28/2013
TRACEY NICOLE JONES, 222
BOWEN STREETQ, LONGMONT;
CASE #2013-24760, DATE FILED:
8/28/2013
WILLIAM JOSEPH VILLA, 10682
DURANGO PL, LONGMONT; CASE
#2013-24811, DATE FILED: 8/29/2013
JUSTIN EFFERTZ, 1035 MODRED
ST, LAFAYETTE; CASE #2013-24840,
DATE FILED: 8/29/2013
LYNETTE HANSEN, 1399 AGAPE
WAY, LAFAYETTE; CASE #201324842, DATE FILED: 8/29/2013
ROBERT HARTLEY ECTOR, 2599
BETTS CIR, ERIE; CASE #201324867, DATE FILED: 8/29/2013
TIMOTHY SCOTT HORNSTEIN,
1443 CENTENNIAL DRIVE UNIT C,
LONGMONT; CASE #2013-24873,
DATE FILED: 8/29/2013
ANNA MARIE WAGNER, 1435 BLUE
SKY WAY NO 8305, ERIE; CASE
#2013-24887, DATE FILED: 8/29/2013
ROBERT LOUIS ARNDT, 354 VALLEY RD, LYONS; CASE #2013-25006,
DATE FILED: 8/30/2013
PAT MCMINN, 220 S MCCASLIN
BLVD, LOUISVILLE; CASE #201325030, DATE FILED: 8/30/2013
KATIE ANN BRICKWEG, 2265
DOGWOOD CIR, ERIE; CASE #201325066, DATE FILED: 8/31/2013
LARRY DWAYNE HEUFEL, 1439
GAY ST, LONGMONT; CASE #201325070, DATE FILED: 8/31/2013
CHRISTOPHER SCOTT HENNIG,
632 GRIMSON PL, ERIE; CASE
#2013-25132, DATE FILED: 9/4/2013
MICHAEL RICHARD DESOCIO,
2525 ARAPAHOE AVE E4430, BOULDER; CASE #2013-25188, DATE
FILED: 9/4/2013
FAROSH SINA MOHEBI, 741 POPE
DR, ERIE; CASE #2013-25208, DATE
FILED: 9/5/2013
PATRICK JOSEPH TEMAAT, 7145
BONNYBROOK CT, NIWOT; CASE
#2013-25210, DATE FILED: 9/5/2013
MARY L STENGER, 5000 BUTTE
STREET #146, BOULDER; CASE
#2013-25216, DATE FILED: 9/5/2013
RICHARD G GEBHARDT, 1790 38TH
ST #306, BOULDER; CASE #201325229, DATE FILED: 9/5/2013
KELVIN JON WEBSTER, 1417
HYACINTH WAY, SUPERIOR; CASE
#2013-25243, DATE FILED: 9/5/2013
Broomfield County
Chapter 7
SERGIO MARTIN BARBA, 10678
KIPLING WAY, BROOMFIELD; CASE
#2013-24744, DATE FILED: 8/28/2013
MATTHEW ABRAHAM LOREDO,
11420 DESTINATION DR #213,
BROOMFIELD; CASE #2013-24967,
DATE FILED: 8/30/2013
GEORGE GREGORY ROCH, 1101 E
1ST AVE #1021, BROOMFIELD; CASE
#2013-25088, DATE FILED: 9/3/2013
CHARLENE ANN MCELROY, 1070
OPAL STREET, BROOMFIELD; CASE
#2013-25102, DATE FILED: 9/3/2013
WILLIAM FRANK, 1327 BOSQUE ST,
BROOMFIELD; CASE #2013-25142,
CHRISTINA LYNN HETRICK, 975
E 7TH AVE, BROOMFIELD; CASE
#2013-25238, DATE FILED: 9/5/2013
FORECLOSURES
Boulder County
BORROWER: LARRY K ELMORE,
1008 STEAMBOAT VALLEY RD,
LYONS. LENDER: WELLS FARGO
BANK, AMOUNT DUE: $371438.
CASE #3336371. 8/20/2013
BORROWER: FREDERICK
DESCHENES, 177 COUGAR RUN,
NEDERLAND. LENDER: JPMORGAN
CHASE BK, AMOUNT DUE: $457431.
CASE #3336372. 8/20/2013
BORROWER: BUSTER R RAINWATER, 905 MEEKER ST, LONGMONT. LENDER: CITIMORTGAGE
INC, AMOUNT DUE: $116118. CASE
#3336373. 8/20/2013
BORROWER: PAUL M HENRY,
3838 FREDERICKS CT, BOULDER.
LENDER: NATIONSTAR MORTGAGE
LLC, AMOUNT DUE: $289181. CASE
#3336722. 8/21/2013
BORROWER: ARCHIE T & CAROL
LYNN F BROWN, 12570 UTE HWY,
LONGMONT. LENDER: JPMORGAN CHASE BANK NATIONAL A,
AMOUNT DUE: $132131. CASE
#3336723. 8/21/2013
BORROWER: JAN & CHARMAINE L
FLITTNER, 700 NELSON PARK LN,
LONGMONT. LENDER: GREEN TREE
SERVICING LLC, AMOUNT DUE:
$229018. CASE #3336724. 8/21/2013
BORROWER: KEVIN S & TAMRA S
WARMAN, 2245 ANDREW DR, SUPERIOR. LENDER: HSBC BANK USA
NATIONAL ASSOCIA, AMOUNT DUE:
$219258. CASE #3337534. 8/23/2013
BORROWER: CHRIS & JAYNE
ROOT, 2104 PINTAIL DR, LONGMONT. LENDER: BANK AMERICA,
AMOUNT DUE: $285250. CASE
#3337535. 8/23/2013
BORROWER: JUDITH L NIELSEN,
225 E 8TH AVE APT A5, LONGMONT.
LENDER: HOUSEHOLD FINANCE
CORP III, AMOUNT DUE: $98548.
CASE #3338484. 8/28/2013
BORROWER: BRYAN S MCCARTHY, 2523 BROADWAY ST STE 301,
BOULDER. LENDER: MT BANK,
AMOUNT DUE: $404115. CASE
#3338485. 8/28/2013
BORROWER: MARILYN TYSON,
1606 COTTONWOOD DR APT 27,
LOUISVILLE. LENDER: WELLS
FARGO BANK, AMOUNT DUE:
$86328. CASE #3338486. 8/28/2013
BORROWER: CRUZ VELA, 1103
SUMAC ST, LONGMONT. LENDER:
ONEWEST BANK FSB, AMOUNT
DUE: $123622. CASE #3338487.
8/28/2013
Broomfield County
BORROWER: JACQUELINE A & WILLIAM K BARNETT, 12228 YATES CT,
BROOMFIELD. LENDER: US BANK
NATIONAL ASSOCIATION, AMOUNT
DUE: $267261. CASE #12621.
8/28/2013
BORROWER: WILLIAM N & CARMEN J WATSON, 2851 W 133RD
AVE, BROOMFIELD. LENDER: LONG
BEACH MTG LOAN TRUST 2005,
AMOUNT DUE: $181777. CASE
#12622. 8/28/2013
BORROWER: JOSEPH A & HEATHER D ROTH, 13643 WINDOM LN,
BROOMFIELD. LENDER: HORIZONS
NORTH CREDIT UNION, AMOUNT
DUE: $25181. CASE #12640.
8/28/2013
DEBTOR: OJ & CAROL PRATT,
CREDITOR: FREDERICK LAND SURVEYING INC. AMOUNT: $4186.37.
CASE #C-06S-000208. DATE:
8/20/2013
DEBTOR: MARIA & FRANCISCO
ALANIZ, CREDITOR: PREMIER
MEMBERS FED CREDIT UNI.
AMOUNT: $2821.31. CASE #C-07C001794. DATE: 8/20/2013
DEBTOR: MARIA & FRANCISCO
ALANIZ, CREDITOR: PREMIER
MEMBERS FED CREDIT UNI.
AMOUNT: $6177.71. CASE #C-07C001794. DATE: 8/20/2013
DEBTOR: JOSE IBARRA, CREDITOR: STVRAIN VALLEY CREDIT
UNION. AMOUNT: $19426.35. CASE
#C-07C-001080. DATE: 8/20/2013
DEBTOR: MELISSA BODNAR,
CREDITOR: PREMIER MEMBERS FED CREDIT UNI. AMOUNT:
$4779.62. CASE #C-13C-030585.
DATE: 8/20/2013
AMOUNT: $1029.06. CASE #C-13C030269. DATE: 8/29/2013
BAGI MECHANICAL LLC, $1057.47,
CASE #3337469, 8/22/2013
ALMA BSPARKMAN, $0.0, CASE
#3338304, 8/27/2013
DEBTOR: RONALD M SCHNELL,
CREDITOR: BC SERVICES INC.
AMOUNT: $740.54. CASE #C-13C030204. DATE: 8/29/2013
CANYON METAL WORKS LLC,
$1381.78, CASE #3337467, 8/22/2013
ALMA BSPARKMAN, $0.0, CASE
#3338305, 8/27/2013
EXTREME CARE LLC, $3798.66,
CASE #3337466, 8/22/2013
ALMA BSPARKMAN, $0.0, CASE
#3338315, 8/27/2013
FOOTHILLS SECURITY SYSTEMS
INC, $7565.82, CASE #3339405,
8/30/2013
ALMA BSPARKMAN, $0.0, CASE
#3338310, 8/27/2013
DEBTOR: CEDAR HEIGHTS DEVL
LLC, CREDITOR: ADAMS BK TRUST.
AMOUNT: $6720932.49. CASE
#D-12CV-001017. DATE: 8/29/2013
DEBTOR: CEDAR HEIGHTS DEVL
LLC, CREDITOR: ADAMS BK
TRUST. AMOUNT: $9475.41. CASE
#D-12CV-001017. DATE: 8/29/2013
DEBTOR: CARPET OUTPOST LLC,
CREDITOR: MOHAWK FACTORING
INC. AMOUNT: $23094.28. CASE
#D-13CV-030510. DATE: 8/29/2013
DEBTOR: BRIAN TSUCHIYA,
CREDITOR: RONALD C TUCKER.
AMOUNT: $11242.66. CASE #C-13C032607. DATE: 8/30/2013
DEBTOR: DAVID MARTIN HALSETH, CREDITOR: BARBARA I HALSETH. AMOUNT: $9531.58. CASE
#D-10DR-000251. DATE: 8/30/2013
DEBTOR: DAVID MARTIN HALSETH, CREDITOR: BARBARA I HALSETH. AMOUNT: $459.92. CASE
#D-10CV-000251. DATE: 8/30/2013
DEBTOR: WDC HOLDINGS LLC,
CREDITOR: WOODRIDGE CAPITAL PARTNERS LLC. AMOUNT:
$102854.61. CASE #D-13CV-030708.
DATE: 8/30/2013
DEBTOR: JANAKA FORD,
CREDITOR: CACH LLC. AMOUNT:
$15237.5. CASE #C-12C-003402.
DATE: 8/22/2013
DEBTOR: AMY CHRISTIANSON,
CREDITOR: CITIBANK SOUTH
DAKOTA. AMOUNT: $0.0. CASE
#10C5290. DATE: 8/23/2013
DEBTOR: PROVINCE INC, CREDITOR: ROBERT F & YVONNE D
LAURO. AMOUNT: $62015.67. CASE
#D-10CV-000801. DATE: 8/20/2013
DEBTOR: AMY J CHRISTIANSON,
CREDITOR: CITIBANK. AMOUNT:
$0.0. CASE #11C3475. DATE:
8/23/2013
DEBTOR: MARSHA ANN STONE,
CREDITOR: FRED HERNANDEZ.
AMOUNT: $395277.64. CASE
#D-11CV-001288. DATE: 8/20/2013
DEBTOR: DANNY D GUM, CREDITOR: NORTH STAR CAPITAL ACQUISITION. AMOUNT: $1188.11. CASE
#C-10C-001890. DATE: 8/23/2013
DEBTOR: JULIE K GARDNER,
CREDITOR: FIRSTBANK. AMOUNT:
$169281.23. CASE #D-13CV-001201.
DATE: 8/20/2013
Broomfield County
DEBTOR: JOHN DICKSON, CREDITOR: MIDLAND FUNDING LLC.
AMOUNT: $1943.57. CASE #C-13C030038. DATE: 8/20/2013
DEBTOR: LINDA SALISBURY,
CREDITOR: MIDLAND FUNDING
LLC. AMOUNT: $6301.69. CASE
#C-12C-030165. DATE: 8/20/2013
DEBTOR: PAUL EGGES, CREDITOR:
MIDLAND FUNDING LLC. AMOUNT:
$10023.25. CASE #C-13C-031349.
DATE: 8/20/2013
DEBTOR: MARGARET MARSH,
CREDITOR: MIDLAND FUNDING
LLC. AMOUNT: $6502.9. CASE
#C-13C-030892. DATE: 8/20/2013
DEBTOR: WILLIAM E & VICKI M
YOUNG, CREDITOR: WOODBRIDGE
STATION HOA INC. AMOUNT:
$2041.31. CASE #C-13C-037151.
DATE: 8/22/2013
DEBTOR: GREAT WESTERN RAILWAY COLO LLC, CREDITOR: FRONT
RANGE ENERGY LLC. AMOUNT:
$634327.38. CASE #D-12CV-005773.
DATE: 8/23/2013
DEBTOR: MARY A CHASE, CREDITOR: PROFESSIONAL FIN CO INC.
AMOUNT: $1204.19. CASE #C-12C000939. DATE: 8/26/2013
DEBTOR: CHARLES G HAWLEY,
CREDITOR: SVN TOWER 1160
LLC. AMOUNT: $104569.21. CASE
#D-12CV-001806. DATE: 8/28/2013
DEBTOR: CYNTHIA MARSH &
ROBER KAMERLING, CREDITOR:
AGENCY CREDIT CONTROL INC.
AMOUNT: $1298.91. CASE #C-12C030088. DATE: 8/29/2013
DEBTOR: CHARLES H MORRIS,
CREDITOR: WAKEFIELD ASSOC INC.
AMOUNT: $1202.41. CASE #C-07C003666. DATE: 8/29/2013
DEBTOR: KRISTIN DAVIS, CREDITOR: WAKEFIELD ASSOC INC.
AMOUNT: $2313.35. CASE #C-10C005931. DATE: 8/29/2013
DEBTOR: JEANNE L SCHUMP,
CREDITOR: BC SERVICES INC.
DEBTOR: MARSHA ANN STONE,
CREDITOR: FRED HERNANDEZ.
AMOUNT: $395277.64. CASE
#D-11CV-001288. DATE: 8/20/2013
DEBTOR: PROVINCE INC, CREDITOR: ROBERT F & YVONNE D
LAURO. AMOUNT: $62015.67. CASE
#D-CV-000801. DATE: 8/20/2013
DEBTOR: WILLIAM E & VICKI M
YOUNG, CREDITOR: WOODBRIDGE
STATION HOA INC. AMOUNT:
$2041.31. CASE #C-13C-037151.
DATE: 8/22/2013
DEBTOR: SUSAN MARQUEZ,
CREDITOR: DISCOVER BK.
AMOUNT: $4727.98. CASE #C-13C030499. DATE: 8/23/2013
DEBTOR: DARRIN P & PRESTON
WATKINS, CREDITOR: AM FAMILY MUTUAL INS CO. AMOUNT:
$2966.92. CASE #C-12C-001465.
DATE: 8/27/2013
DEBTOR: FERNANDO RICO,
CREDITOR: AM FAMILY MUTUAL
INS CO. AMOUNT: $26017.51. CASE
#D-13CV-030172. DATE: 8/27/2013
NATURAL HOMES LLC, $399.37,
CASE #3339407, 8/30/2013
SAGE AUTOMOTIVE MAN AGEMENT INC, $789.71, CASE
#3336981, 8/21/2013
WOLF FLOORING INC, $1312.58,
CASE #3338891, 8/29/2013
RELEASE
OF STATE TAX LIENS
Boulder County
AGENT 24 INC, $0.0, CASE
#3338890, 8/29/2013
ATOMIC FORGE WELDING INC,
$0.0, CASE #3338408, 8/27/2013
ATOMIC FORGE WELDING INC,
$0.0, CASE #3338409, 8/27/2013
BOUNDLESS POTENTIAL, $921.15,
CASE #3338085, 8/26/2013
CHERYL CRAIG LTD, $787.23, CASE
#3338082, 8/26/2013
CHERYL CRAIG LTD, $727.5, CASE
#3338083, 8/26/2013
COLO GYMNASTICS WORLD INC,
$1305.74, CASE #3339408, 8/30/2013
HEARTLAND EXCAVATING INC,
$1850.39, CASE #3336980, 8/21/2013
PER MARTIN & EILEEN
AHULTQQUIST, $0.0, CASE
#3338939, 8/29/2013
PER MARTIN & EILEEN
AHULTQQUIST, $0.0, CASE
#3338940, 8/29/2013
PER MARTIN & EILEEN
AHULTQQUIST, $0.0, CASE
#3338937, 8/29/2013
PER MARTIN & EILEEN
AHULTQQUIST, $0.0, CASE
#3338938, 8/29/2013
Boulder County
APPLIED TECHNOLOGIES INC,
$1155.83, CASE #3337468, 8/22/2013
ALMA BSPARKMAN, $0.0, CASE
#3338316, 8/27/2013
ALMA BSPARKMAN, $0.0, CASE
#3338317, 8/27/2013
ALMA BSPARKMAN, $0.0, CASE
#3338318, 8/27/2013
ALMA BSPARKMAN, $0.0, CASE
#3338319, 8/27/2013
ALMA BSPARKMAN, $0.0, CASE
#3338309, 8/27/2013
ALMA BSPARKMAN, $0.0, CASE
#3338320, 8/27/2013
EMMA SVALDEZ, $0.0, CASE
#3337020, 8/21/2013
EMMA SVALDEZ, $0.0, CASE
#3337080, 8/22/2013
EMMA SVALDEZ, $0.0, CASE
#3337081, 8/22/2013
EMMA SVALDEZ, $0.0, CASE
#3337082, 8/22/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337085, 8/22/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337083, 8/22/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337084, 8/22/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337086, 8/22/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337088, 8/22/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337090, 8/22/2013
PATRICIA HMOORE, $0.0, CASE
#3339118, 8/29/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337091, 8/22/2013
PATRICIA HMOORE, $0.0, CASE
#3339122, 8/29/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337093, 8/22/2013
PATRICIA HMOORE, $0.0, CASE
#3339114, 8/29/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337092, 8/22/2013
PATRICIA HMOORE, $0.0, CASE
#3339115, 8/29/2013
LISA BVANDAMME, $501.33, CASE
#3336974, 8/21/2013
PATRICIA HMOORE, $0.0, CASE
#3339117, 8/29/2013
LISA BVANDAMME, $3745.0, CASE
#3336975, 8/21/2013
PATRICIA HMOORE, $0.0, CASE
#3339119, 8/29/2013
WARRANTY DEEDS
PATRICIA HMOORE, $0.0, CASE
#3339120, 8/29/2013
Seller: DOUGLAS M P & STEPHANA
L RYDER
Buyer, Buyer’s Address: BENJAMIN
DAY, 112 BOW MOUNTAIN RD
Address: 3035 ONEAL PKWY APT
S32, BOULDER
Price: $173000
Date Closed: 8/14/2013
PATRICIA HMOORE, $0.0, CASE
#3339121, 8/29/2013
PATRICIA HMOORE, $0.0, CASE
#3339128, 8/29/2013
PATRICIA HMOORE, $0.0, CASE
#3339123, 8/29/2013
PATRICIA HMOORE, $0.0, CASE
#3339127, 8/29/2013
STATE TAX LIENS
ALMA BSPARKMAN, $0.0, CASE
#3338313, 8/27/2013
JENNIFER GREANY LLC, $0.0,
CASE #3337464, 8/22/2013
DEBTOR: AMY C LEWIS, CREDITOR: CENTRAL CREDIT CORP.
AMOUNT: $702.68. CASE #C-13C030753. DATE: 8/28/2013
DEBTOR: WDC HOLDINGS LLC,
CREDITOR: WOODRIDGE CAPITAL PARTNERS LLC. AMOUNT:
$102854.61. CASE #D-13CV-030708.
DATE: 8/30/2013
ALMA BSPARKMAN, $0.0, CASE
#3338314, 8/27/2013
EMMA SUZAOVALDEZ, $0.0, CASE
#3337089, 8/22/2013
PATRICIA HMOORE, $0.0, CASE
#3339116, 8/29/2013
DEBTOR: AMBROSE EXTERIORS
INC, CREDITOR: PINNACOL ASSURANCE. AMOUNT: $15732.55. CASE
#C-2012C74597. DATE: 8/28/2013
ALMA BSPARKMAN, $0.0, CASE
#3338312, 8/27/2013
JENNIFER GREANY LLC, $0.0,
CASE #3337465, 8/22/2013
DEBTOR: JOETTE R BARTLEY,
CREDITOR: WAKEFIELD ASSOC INC.
AMOUNT: $886.75. CASE #C-13C0300770. DATE: 8/28/2013
DEBTOR: CHARLES G HAWLEY,
CREDITOR: SVN TOWER. AMOUNT:
$104569.21. CASE #D-12CV-001806.
DATE: 8/28/2013
ALMA BSPARKMAN, $0.0, CASE
#3338311, 8/27/2013
PATRICIA HMOORE, $0.0, CASE
#3339129, 8/29/2013
PATRICIA HMOORE, $0.0, CASE
#3339126, 8/29/2013
PATRICIA HMOORE, $0.0, CASE
#3339125, 8/29/2013
PATRICIA HMOORE, $0.0, CASE
#3339124, 8/29/2013
ROSE TRANSITION HOME LLC,
$1601.0, CASE #3338084, 8/26/2013
ALMASPARKMAN, $0.0, CASE
#3338308, 8/27/2013
ALMASPARKMAN, $0.0, CASE
#3338306, 8/27/2013
ALMASPARKMAN, $0.0, CASE
#3338307, 8/27/2013
ALMA BSPARKMAN, $0.0, CASE
#3338302, 8/27/2013
ALMA BSPARKMAN, $0.0, CASE
#3338303, 8/27/2013
Boulder County
Seller: ANGELINA J KORB
Buyer, Buyer’s Address: JOHN C
& CURTIS N GREGG, 4517 DRIFTWOOD PL
Address: 228 EVERGREEN WAY,
NEDERLAND
Price: $235000
Date Closed: 8/14/2013
Seller: ANITA K SOUTHWICK
Buyer, Buyer’s Address: PAUL
DEREK MAUDE, 80 ALPINE DR
Address: 74 ALPINE DR, NEDERLAND
Price: $270000
Date Closed: 8/14/2013
Seller: CODY R DOWNARD
Buyer, Buyer’s Address: ABIGAIL
BASSLER & JUSTIN AVERITT, 5635
MOUNT AUDUBON PL
Address: 5635 MOUNT AUDUBON
PL, LONGMONT
Price: $400000
Date Closed: 8/14/2013
Seller: SHARRIE R PEYTON SPECIAL
NEEDS
Buyer, Buyer’s Address: WILLIAM
A & JENNIFER C MELVIN, 1600
ORCHARD AVE
Address: 460 S 42ND ST, BOULDER
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
FOR THE RECORD
Price: $449500
Date Closed: 8/14/2013
Seller: HAMILTON PROPERTIES II
LLC
Buyer, Buyer’s Address: JONATHAN
C & VICTORIA E W WILLIAMS, 3267
CUMMINGS DR
Address: 3267 CUMMINGS DR, ERIE
Price: $299000
Date Closed: 8/14/2013
Seller: SHANE HIGBEE
Buyer, Buyer’s Address: CARY
STONGE, 1715 PO BOX 1031
Address: 1715 15TH ST APT 7,
BOULDER
Price: $585000
Date Closed: 8/14/2013
Seller: DELPHINE EICHORST
Buyer, Buyer’s Address: RICHARD
NELSON & HOLLIS BETH WINTON,
624 W HICKORY CT
Address: 600 MANHATTAN DR APT
D12, BOULDER
Price: $245000
Date Closed: 8/14/2013
Seller: TIM A & SUNDAY L ANTLEY
Buyer, Buyer’s Address: BRIAN
GEBAUER, 584 CRESCENT LAKE RD
Address: 584 CRESCENT LAKE RD,
GOLDEN
Price: $484900
Date Closed: 8/14/2013
Seller: MARY C HILL
Buyer, Buyer’s Address: DONALD A
& KELLY DEGNAN, 2055 ALPINE DR
Address: 1506 RIVERSIDE DR,
LYONS
Price: $482000
Date Closed: 8/14/2013
Seller: MERITAGE HOMES COLORADO INC
Buyer, Buyer’s Address: ROBERT A
& HOLLY K MARCUS, 679 FOSSIL
BED CIR
Address: 679 FOSSIL BED CIR, ERIE
Price: $362000
Date Closed: 8/14/2013
Seller: CYNTHIA HARRIS
Buyer, Buyer’s Address: ROBERT A
FAHN, 1700 REDWOOD AVE
Address: 1700 REDWOOD AVE,
BOULDER
Price: $850000
Date Closed: 8/14/2013
Seller: REHBORN FAMILY TRUST
Buyer, Buyer’s Address: SHOMAKER YANDOW FAMILY TRUST, 2800
PO BOX 226
Address: 2800 SUNDOWN LN APT
304, BOULDER
Price: $339900
Date Closed: 8/14/2013
Seller: MILLER J & KATHLEEN M
COLLINS
Buyer, Buyer’s Address: STEPHANIE
BACHMAN, 4375 LUDLOW ST
Address: 4375 LUDLOW ST, BOULDER
Price: $490000
Date Closed: 8/14/2013
Seller: JOHN MICHAEL & JENNIFER
ANNE OTTO
Buyer, Buyer’s Address: MATTHEW
P & ANGELA C BUTCHER, 734
MEGAN CT
Address: 734 MEGAN CT, LONGMONT
Price: $310000
Date Closed: 8/14/2013
Seller: KELLEY L STAYTON
Buyer, Buyer’s Address: ELAINE D
LAROSE, 1101 21ST AVE APT 7
Address: 1101 21ST AVE APT 7,
LONGMONT
Price: $154000
Date Closed: 8/14/2013
Seller: ROBERT D & LEE ANN MURPHY
Buyer, Buyer’s Address: JAMES E
& DE ANN B DYKES, 5017 BELLA
VISTA DR
Address: 292 HWY 7 BUSINESS RTE,
ALLENSPARK
Price: $332500
Date Closed: 8/14/2013
Seller: LEHMAN D & HELEN M HAY
Buyer, Buyer’s Address: ANTHONY
LOUIS STAFFORD, 2435 MEADOW
ST
Address: 2435 MEADOW ST, LONGMONT
Price: $197000
Date Closed: 8/14/2013
Seller: CAROLINE B BASS
Buyer, Buyer’s Address: JACQUELINE A & JONAH N FAUST, 175 RUDI
LN
Address: 123 RUDI LN, GOLDEN
Price: $50000
Date Closed: 8/14/2013
Seller: CALIBER HOME LOANS INC
Buyer, Buyer’s Address: FEDERAL
HOME LOAN MORTGAGE COR,
5000 PLANO PKWY
Address: 1308 VESTA CIR, LAFAYETTE
Price: $
Date Closed: 8/14/2013
Seller: 850 MOHAWK DRIVE LLC
Buyer, Buyer’s Address: JAMES
KIEL & JORDAN O REIJNEN, 850
MOHAWK DR
Address: 850 MOHAWK DR, BOULDER
Price: $385000
Date Closed: 8/14/2013
Seller: RYAN S & BRENDA CABELL
Buyer, Buyer’s Address: MARY C
BERGHOFFJASLOWSKI, 1632 BAIN
DR
Address: 1632 BAIN DR, ERIE
Price: $233000
Date Closed: 8/15/2013
Seller: BRIDGET N STRAND
Buyer, Buyer’s Address: DANIEL J
HIRCE, 3790 COLORADO AVE # 1
Address: 3790 COLORADO AVE #
1, BOULDER
Price: $370000
Date Closed: 8/15/2013
Seller: VISTOSO LLC
Buyer, Buyer’s Address: AKSHAY
GAVAI, 4500 BASELINE RD APT 4306
Address: 4500 BASELINE RD APT
4306, BOULDER
Price: $344000
Date Closed: 8/15/2013
Seller: KENDALL K & DIANE C
MILLER
Buyer, Buyer’s Address: STEPHEN
& ELIZABETH CHAN, 828 W MULBERRY ST
Address: 828 W MULBERRY ST,
LOUISVILLE
Price: $150500
Date Closed: 8/15/2013
Seller: VISTOSO LLC
Buyer, Buyer’s Address: CHRISTOPHER P & PATRICIA A ELLIOTT, 4500
BASELINE RD APT 3104
Address: 4500 BASELINE RD APT
3104, BOULDER
Price: $337500
Date Closed: 8/15/2013
Seller: AUBREY D GAETA
Buyer, Buyer’s Address: ERIK J &
JESSICA L G VANLANKVELT, 303 S
HOOVER AVE
Address: 303 S HOOVER AVE, LOUISVILLE
Price: $360000
Date Closed: 8/15/2013
Seller: JOHN ABEL CONRADS
TRUST
Buyer, Buyer’s Address: BURTON
G & BARBARA E BUROUGH, 1416
BELLWOOD DR
Address: 1416 BELLWOOD DR,
LONGMONT
Price: $277500
Date Closed: 8/15/2013
Seller: DANA S PETERSEN
Buyer, Buyer’s Address: PATRICIA
PASCOE WALKER, 1314 LINCOLN
ST
Address: 1314 LINCOLN ST, LONGMONT
Price: $195000
Date Closed: 8/15/2013
Seller: JOEL D ROTHE
Buyer, Buyer’s Address: NATHAN R
& MAGALIS O HIGGINS, 830 GLENARBOR CIR
Address: 830 GLENARBOR CIR,
LONGMONT
Price: $305000
Date Closed: 8/15/2013
Seller: BEVERLY ANN ADAMS
Buyer, Buyer’s Address: COLLEEN G
TURCOTTE, 1501 LIBERTY CT
Address: 1501 LIBERTY CT, LONGMONT
Price: $97000
Date Closed: 8/15/2013
Buyer, Buyer’s Address: HENRY
WALKER CONSTRUCTION COLO,
1499 W 120TH AVE STE 200
Address: 1522 JACKSON CT, LONGMONT
Price: $78500
Date Closed: 8/15/2013
RADO INC
Buyer, Buyer’s Address: LYNN &
DANA LAURSEN, 682 FOSSIL BED
CIR
Address: 682 FOSSIL BED CIR, ERIE
Price: $488800
Date Closed: 8/15/2013
Seller: DAKOTA RIDGE CAPITAL LLC
Buyer, Buyer’s Address: MICHAEL
DANE & LYNNE LUCILE JONES, 8321
BASELINE RD
Address: 8321 BASELINE RD, BOULDER
Price: $2100000
Date Closed: 8/15/2013
Seller: COLORADO GODDARDS LLC
Buyer, Buyer’s Address: NIALL P
& DANIELLE M BYRNE, 4746 PORTOFINO DR
Address: 4746 PORTOFINO DR,
LONGMONT
Price: $310000
Date Closed: 8/15/2013
Seller: AUDRE ROOS LIVING TRUST
Buyer, Buyer’s Address: JAMES D
GILBERT, 2954 KALMIA AVE APT 42
Address: 2954 KALMIA AVE APT 42,
BOULDER
Price: $340000
Date Closed: 8/15/2013
Seller: JEFFREY A & MAREN A
MILLER
Buyer, Buyer’s Address: GAYLE L
VITO, 805 SUMMER HAWK DR APT
P92
Address: 805 SUMMER HAWK DR
APT P92, LONGMONT
Price: $167000
Date Closed: 8/15/2013
Seller: ASSOCIATION FOR COMMUNITY LIVI
Buyer, Buyer’s Address: THOMAS
JAY NEEFE, 5744 N 71ST ST
Address: 5744 N 71ST ST, LONGMONT
Price: $840000
Date Closed: 8/15/2013
Seller: VINCENT P & GRETCHEN E
HEURING
Buyer, Buyer’s Address: CODY
RYAN NEWMAN, 7399 MOUNT
MEEKER RD
Address: 7399 MOUNT MEEKER RD,
LONGMONT
Price: $365000
Date Closed: 8/15/2013
Seller: RAYMOND YACIUK
Buyer, Buyer’s Address: CHRISTOPHER R DONNALLY, 1837 WALNUT
ST # E
Address: 2667 SHERWOOD CIR,
BOULDER
Price: $193500
Date Closed: 8/15/2013
Seller: GLENN R & LESLIE R EVANS
Buyer, Buyer’s Address: JASON
HEENEY, 1805 IONIC DR APT C
Address: 1805 IONIC DR APT C,
LAFAYETTE
Price: $137500
Date Closed: 8/15/2013
Seller: ELKE D MILESMARK
Buyer, Buyer’s Address: CLAUDIA L
BAYLISS, 237 CARDINAL WAY UNIT
201
Address: 237 CARDINAL WAY UNIT
201, LONGMONT
Price: $129300
Date Closed: 8/15/2013
Seller: JOANN M MOTLEY
Buyer, Buyer’s Address: DAVID T
BUTLER, 7480 OLD MILL TRL
Address: 7480 OLD MILL TRL,
BOULDER
Price: $375000
Date Closed: 8/15/2013
Seller: RYAN JAMES & JESSICA A
HEIMER
Buyer, Buyer’s Address: BARBARA S
& WILLIAM B GROUT, 238 PRATT ST
Address: 238 PRATT ST, LONGMONT
Price: $255500
Date Closed: 8/15/2013
Seller: MOUNTAIN VENTURES
BOULDER LLC
Buyer, Buyer’s Address: CRAIG L &
KRISTINE M HOFFMAN, 1120 FAIRFIELD DR
Address: 1120 FAIRFIELD DR, BOULDER
Price: $574900
Date Closed: 8/15/2013
Seller: JOSHUA P & LYNSEY EPP
PETERSON
Buyer, Buyer’s Address: JOSEPH T
& MOLLY T CARMER, 3593 LARKSPUR DR
Address: 3593 LARKSPUR DR,
LONGMONT
Price: $325000
Date Closed: 8/15/2013
Seller: JULIE R BOSSE
Buyer, Buyer’s Address: TYE HOOLEY, 1291 CUMBERLAND DR
Address: 1291 CUMBERLAND DR,
LONGMONT
Price: $224000
Date Closed: 8/15/2013
Seller: JEFFERSON CAPITAL FUNDING LLC
Buyer, Buyer’s Address: EMERY
ARMS LLC, 38 SPRUCE ST
Address: 303 EMERY DR, LONGMONT
Price: $420000
Date Closed: 8/15/2013
Seller: LAURA A KING
Buyer, Buyer’s Address: DEANA D
KEARNS, 1780 RED CLOUD RD
Address: 1239 GRANT ST, LONGMONT
Price: $182200
Date Closed: 8/15/2013
Seller: MICHAEL J TULANOWSKI
Buyer, Buyer’s Address: GAVIN LEE
CRITCHLOW, 929 COLLYER ST
Address: 929 COLLYER ST, LONGMONT
Price: $318000
Date Closed: 8/15/2013
Seller: BHP YEAGER FARMS LLC
Seller: MERITAGE HOMES COLO-
Seller: US BANK NATIONAL ASSOCIATION T
Buyer, Buyer’s Address: TERRY W
& DEBBIE L BARQUIST, 1420 CINNAMON ST
Address: 1440 MARTIN ST, LONGMONT
Price: $127500
Date Closed: 8/15/2013
Seller: ROGER N & SANDRA S
HARDESTY
Buyer, Buyer’s Address: SCOTT
HARDESTY, 1414 SUNSHINE CANYON DR
Address: 1414 SUNSHINE CANYON
DR, BOULDER
Price: $
Date Closed: 8/15/2013
Seller: JANE W GREENFIELD
Buyer, Buyer’s Address: JAMES
RAYMOND PETTIT, 906 UNION AVE
Address: 900 UNION AVE, BOULDER
Price: $
Date Closed: 8/15/2013
Seller: KARL N & MARGARET LYNNE
KIRCHNER
Buyer, Buyer’s Address: DANIEL
SCHAEFER, 14650 BENTON ST
Address: 14650 BENTON ST,
BROOMFIELD
Price: $440500
Date Closed: 8/18/2013
Seller: SCHOOL DISTRICT 17
Buyer, Buyer’s Address: LONGMONT CHRISTIAN SCHOOL, 1400
S COLLYER ST
Address: 1400 S COLLYER ST,
LONGMONT
Price: $1520000
Date Closed: 8/18/2013
Seller: ACTARUS LLC
Buyer, Buyer’s Address: CHARLES
& MERCEDES M HORVATH, 2405
CALAIS DR # 18
Address: 2405 CALAIS DR # 18,
LONGMONT
Price: $175800
Date Closed: 8/18/2013
Seller: CRAIG A & COLEEN A OCKERS
Buyer, Buyer’s Address: ELAINE
SCHULTZE & JAMES JOHNSON
SMITH, 10483 E GOOSEHAVEN DR
Address: 10483 E GOOSEHAVEN
DR, LAFAYETTE
Price: $916500
Date Closed: 8/18/2013
Seller: DOUGLAS L & HEATHER L
SQUIRE
Buyer, Buyer’s Address: JOEL
ROTHE, 721 TANAGER CIR
Address: 721 TANAGER CIR, LONGMONT
Price: $383900
Date Closed: 8/18/2013
Seller: CROWN COURT CONDOS
LLC
Buyer, Buyer’s Address: RICHARD
BLACK, 1059 DEVINEY DR
Address: 1405 BROADWAY APT 309,
BOULDER
Price: $215000
Date Closed: 8/18/2013
Seller: PATIENCE PRUGH SCHRAM
Buyer, Buyer’s Address: GILLIAN E
KELLY, 4232 RILEY DR
Address: 4232 RILEY DR, LONGMONT
Price: $269000
Date Closed: 8/18/2013
Seller: GENESEO LLC
Buyer, Buyer’s Address: DREW PAUL
& REBECCA RUTH CLEMENTS, 600
E GENESEO ST
Address: 600 E GENESEO ST,
LAFAYETTE
|
17A
Price: $283000
Date Closed: 8/18/2013
Price: $412000
Date Closed: 8/18/2013
Seller: MICHAEL E HUDSON
Buyer, Buyer’s Address: ROSEMARY
J & CARRIE MARIE MITCHELL, 217
HIGH LONESOME PT
Address: 217 HIGH LONESOME PT,
LAFAYETTE
Price: $500000
Date Closed: 8/18/2013
Seller: WILLIAM RAY GRIFFITH
TRUST
Buyer, Buyer’s Address: 2227 CANYON BLVD 205A LLC, 1630 30TH
ST # 198
Address: 2227 CANYON BLVD APT
205, BOULDER
Price: $149900
Date Closed: 8/18/2013
Seller: CHRIS CARVER
Buyer, Buyer’s Address: NICOLE
CAVALINO, 247 ALPINE DR
Address: 247 ALPINE DR, NEDERLAND
Price: $489500
Date Closed: 8/18/2013
Seller: ROSE M LOPEZ
Buyer, Buyer’s Address: ROSE M
LOPEZ LIVING TRUST, 355 SEMINOLE DR
Address: 355 SEMINOLE DR, BOULDER
Price: $
Date Closed: 8/18/2013
Seller: MARJORIE WHITTAKER LEIDIG
Buyer, Buyer’s Address: NELSON IV
& NELSON II SCHWAB, 1418 SUNSHINE CANYON DR
Address: 1418 SUNSHINE CANYON
DR, BOULDER
Price: $725000
Date Closed: 8/18/2013
Seller: ORIGINS COMMUNITY
Buyer, Buyer’s Address: RENN &
LAUREN VALO, 4019 NEW HAVEN
CT
Address: 4019 NEW HAVEN CT,
BOULDER
Price: $669000
Date Closed: 8/18/2013
Seller: LAWRENCE EUGENE &
CHRISTINE ELLEN BRUMMER
Buyer, Buyer’s Address: STEVE &
KARLA NAJERA, 1290 ATLANTIS AVE
Address: 1290 ATLANTIS AVE,
LAFAYETTE
Price: $323000
Date Closed: 8/18/2013
Seller: 2465 LEXINGTON STREET
LLC
Buyer, Buyer’s Address: NATHAN
& TREZ SKILLERN, 2465 LEXINGTON ST
Address: 2465 LEXINGTON ST,
LAFAYETTE
Price: $530000
Date Closed: 8/18/2013
Seller: A GORDON & THOMAS K
APPELL
Buyer, Buyer’s Address: JUSTIN
KRAEGEL, 2250 SPRUCE ST APT B
Address: 3230 FOLSOM ST, BOULDER
Price: $435000
Date Closed: 8/18/2013
Seller: AMELIA C & THOMAS M
BERRY
Buyer, Buyer’s Address: LINDSEY
SCHILLER, 3135 BELL DR
Address: 3135 BELL DR, BOULDER
Price: $327300
Date Closed: 8/18/2013
Seller: MARK J NELSON
Buyer, Buyer’s Address: JULIE VIRGINIA NANIA, 46 FOREST RD
Address: 46 FOREST RD, NEDERLAND
Price: $285000
Date Closed: 8/18/2013
Seller: R J SIMMONS
Buyer, Buyer’s Address: KEVIN WITT,
1031 MILO CIR UNIT B
Address: 1031 MILO CIR UNIT B,
LAFAYETTE
Price: $162500
Date Closed: 8/18/2013
Seller: LIEHA G MARTINEZ
Buyer, Buyer’s Address: LORAINE
STREET, 2947 WHITETAIL CIR
Address: 2947 WHITETAIL CIR,
LAFAYETTE
Price: $227500
Date Closed: 8/18/2013
Seller: HOSSEIN & JINOUS LARI
Buyer, Buyer’s Address: KEVIN &
DEAANN EASLEY, 6818 S 245TH
EAST AVE
Address: 2870 E COLLEGE AVE UNIT
103, BOULDER
Price: $241000
Date Closed: 8/18/2013
Seller: ROSEMARY J MITCHELL
Buyer, Buyer’s Address: GRANGER
T & SUZIE BANKS, 4310 9TH ST
Address: 3848 ANGELOVIC CT,
BOULDER
Seller: SUSAN J & ERROLL L MILLER
Buyer, Buyer’s Address: AMANDA E
HARRISON, 2892 SHADOW CREEK
DR APT 103
Address: 2890 SHADOW CREEK DR
APT 207, BOULDER
Price: $310000
Date Closed: 8/18/2013
Seller: STEPHEN M SNYDER
Buyer, Buyer’s Address: MICHAEL D
& DEBRA S GREEVER, 1813 KEEL CT
Address: 2230 SUNRISE DR, LONGMONT
Price: $151000
Date Closed: 8/18/2013
Seller: COMMUNITY FOOD SHARE
INC
Buyer, Buyer’s Address: RNB BOULDER LLC, 2510 47TH ST STE BB
Address: 6363 HORIZON LN, NIWOT
Price: $1675000
Date Closed: 8/18/2013
Seller: 1000 ROSEWOOD LLC
Buyer, Buyer’s Address: RENE BRODEUR, 4462 9TH ST
Address: 4462 9TH ST, BOULDER
Price: $202200
Date Closed: 8/18/2013
Seller: RENE A KOMODA TRUST
Buyer, Buyer’s Address: DARIN LUNSFORD & KRISTEL JELINEK BROWN,
537 W FIR WAY
Address: 537 W FIR WAY, LOUISVILLE
Price: $320000
Date Closed: 8/18/2013
Seller: MATTHEW EVAN BEZARK
Buyer, Buyer’s Address: ANDREW
SCHELLING, 625 LABELLE RD
Address: 625 LABELLE RD, BOULDER
Price: $610000
Date Closed: 8/18/2013
Seller: HORSEPHEATHERS FARM
LLC
Buyer, Buyer’s Address: HELEN A
CLARK, 11928 VERMILLION RD
Address: 11928 VERMILLION RD,
LONGMONT
Price: $
Date Closed: 8/18/2013
Seller: BETH ANN SIEGLER
Buyer, Buyer’s Address: BETH A
SIEGLER, 3258 SENTINEL DR
Address: 3258 SENTINEL DR, BOULDER
Price: $
Date Closed: 8/18/2013
Seller: JAN FERRARI
Buyer, Buyer’s Address: EILEEN G &
DAVID J WADESTEIN, 1004 ADAMS
AVE
Address: 1004 ADAMS AVE, LOUISVILLE
Price: $420000
Date Closed: 8/18/2013
Seller: ADOLF STAMMLER LIVING
TRUST
Buyer, Buyer’s Address: ABRE LLC,
17800 SE MILL PLAIN BLVD STE 190
Address: 1799 EXPOSITION DR,
BOULDER
Price: $3100000
Date Closed: 8/26/2013
Seller: JANET B WATTS
Buyer, Buyer’s Address: GABRIELE
M TOUKAN, 3025 18TH ST
Address: 3025 18TH ST, BOULDER
Price: $511000
Date Closed: 8/26/2013
Seller: HUD
Buyer, Buyer’s Address: HELEN
MORAN, 2516 CONCORD CIR
Address: 2516 CONCORD CIR,
LAFAYETTE
Price: $
Date Closed: 8/26/2013
Seller: HUD
Buyer, Buyer’s Address: DUANE A
MCAVOY, 1632 COLLYER ST
Address: 1632 COLLYER ST, LONGMONT
Price: $
Date Closed: 8/26/2013
Seller: CATHY S KERRY
Buyer, Buyer’s Address: JILL C LESTER, 4488 HAMILTON CT
Address: 4488 HAMILTON CT, BOUL-
18A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
FOR THE RECORD
DER
Price: $410000
Date Closed: 8/26/2013
Seller: JAMES M TANNER
Buyer, Buyer’s Address: JOHN C &
KAREN H STEWARD, 2693 4TH ST
Address: 2693 4TH ST, BOULDER
Price: $1771800
Date Closed: 8/26/2013
Seller: VONS 31 LLC
Buyer, Buyer’s Address: ANTONIO
L & PATRICIA LAUDISIO, 3328 SENTINEL DR
Address: 321 SAINT IDA CIR, LAFAYETTE
Price: $450000
Date Closed: 8/26/2013
Seller: MICHELLE E BLANKENSHIP
Buyer, Buyer’s Address: JONATHAN
S KARAFIN, 136 EAGLE VALLEY DR
Address: 136 EAGLE VALLEY DR,
LYONS
Price: $511000
Date Closed: 8/26/2013
Seller: WELLS FARGO BK
Buyer, Buyer’s Address: HUD, 315
17TH AVE
Address: 315 17TH AVE, LONGMONT
Price: $
Date Closed: 8/26/2013
Seller: SUSAN & VIRGINIA MARY
GASKIN
Buyer, Buyer’s Address: DIANE C
MILLER, 357 CASPER DR
Address: 357 CASPER DR, LAFAYETTE
Price: $272000
Date Closed: 8/26/2013
Seller: DONNA & RALPH TAROLA
Buyer, Buyer’s Address: CONNIE
G GRIGSBY, 1632 HIGH PLAINS DR
Address: 1632 HIGH PLAINS DR,
SUPERIOR
Price: $295000
Date Closed: 8/26/2013
Seller: JOHN M & SARAH A GLORIOSO
Buyer, Buyer’s Address: BETHANY
& SAMUEL AUCK, 107 SUNRISE LN
Address: 107 SUNRISE LN, BOULDER
Price: $514000
Date Closed: 8/26/2013
Seller: COLO HOUSING FIN
AUTHORITY
Buyer, Buyer’s Address: HUD, 128 E
ROGERS RD
Address: 128 E ROGERS RD, LONGMONT
Price: $
Date Closed: 8/26/2013
Seller: MICHAEL E & CHLOE E
WHEELER
Buyer, Buyer’s Address: KENNETH
W & ELAINE S SO, 14312 MISSION
WAY
Address: 2892 SHADOW CREEK DR
APT 110, BOULDER
Price: $230000
Date Closed: 8/26/2013
Seller: MICHAEL W & TRACY FLYNN
LEONARD
Buyer, Buyer’s Address: PAUL & ALISON REAM GRIFFIN, 1182 WASHBURN CT
Address: 1182 WASHBURN CT, ERIE
Price: $555000
Date Closed: 8/26/2013
Seller: MICHAEL D UNREIN
Buyer, Buyer’s Address: LANA V
HANSEN, 1520 DONOVAN PL
Address: 1520 DONOVAN PL, LONGMONT
Price: $172500
Date Closed: 8/26/2013
Seller: JOSH FARM LLC
Buyer, Buyer’s Address: DAVID B &
MARY E MARSHALL, 117 PO BOX
325
Address: 117 SAINT VRAIN RD,
LYONS
Price: $249000
Date Closed: 8/26/2013
Seller: ANTON D & REGINA J BOOTON
Buyer, Buyer’s Address: SHARON D
KENT, 1672 BAIN DR
Address: 1672 BAIN DR, ERIE
Price: $272500
Date Closed: 8/26/2013
Seller: ROBERT A DEKAR
Buyer, Buyer’s Address: MICHAEL &
GWYNN REBACK, 1900 RED CLOUD
RD
Address: 1900 RED CLOUD RD,
LONGMONT
Price: $285000
Date Closed: 8/26/2013
Seller: PAULA S & GREGORY S COX
Buyer, Buyer’s Address: GERALD J
& DIANE A MERCIECA, 1321 HILLTOP DR
Address: 1321 HILLTOP DR, LONGMONT
Price: $221500
Date Closed: 8/26/2013
Seller: SUSAN ANN MCNAMARA
Buyer, Buyer’s Address: JULIE &
DAVID FALKENSTERN, 605 FAIRFIELD LN
Address: 605 FAIRFIELD LN, LOUISVILLE
Price: $610000
Date Closed: 8/26/2013
Seller: HAFEZZADEH LIVING TRUST
Buyer, Buyer’s Address: STEVEN
J & TRENNA L WANGLER, 4534
PALMER CT
Address: 4534 PALMER CT, LONGMONT
Price: $640000
Date Closed: 8/26/2013
Seller: PATRICIA A DICKSON
Buyer, Buyer’s Address: ROADS
NEW HOPE CO LLC, 1667 VENICE
LN
Address: 1667 VENICE LN, LONGMONT
Price: $244800
Date Closed: 8/26/2013
Seller: BARRY G & MARLENE S
DEUTSCH
Buyer, Buyer’s Address: CHAD &
JULIE YOUNG, 2394 CEDARWOOD
CIR
Address: 2394 CEDARWOOD CIR,
LAFAYETTE
Price: $402000
Date Closed: 8/26/2013
Seller: ERIC J HACKATHORN
Buyer, Buyer’s Address: ERIC J &
SANDRA ROCIO HACKATHORN, 645
BEAUPREZ AVE
Address: 645 BEAUPREZ AVE,
LAFAYETTE
Price: $
Date Closed: 8/26/2013
Seller: BILLY & MELISSA M MANSOUR
Buyer, Buyer’s Address: NOLAN
FAMILY TRUST, 8165 KINCROSS DR
Address: 8165 KINCROSS DR,
BOULDER
Price: $450000
Date Closed: 8/26/2013
Seller: CHARLES M MEERTENS
Buyer, Buyer’s Address: GLASS
MEERTENS LIVING TRUST, 1949
JOSLYN CT
Address: 1949 JOSLYN CT, BOULDER
Price: $
Date Closed: 8/26/2013
Seller: NORMAN DALE MORDHORST
Buyer, Buyer’s Address: JOYCE M
MORDHORST, 1780 RED CLOUD RD
Address: 1780 RED CLOUD RD,
LONGMONT
Price: $
Date Closed: 8/26/2013
Seller: JOYCE M MORDHORST
Buyer, Buyer’s Address: JOYCE M
MORDHORST TRUST, 1780 RED
CLOUD RD
Address: 1780 RED CLOUD RD,
LONGMONT
Price: $
Date Closed: 8/26/2013
Seller: JOSEPH M & HELENA S
LAVALLE
Buyer, Buyer’s Address: 2 G INVESTMENTS LLC, 912 LOCUST AVE
Address: 625 PEARL ST APT 14,
BOULDER
Price: $315000
Date Closed: 8/26/2013
Seller: JILL L & JOEL D WHITE
Buyer, Buyer’s Address: RAEANN
LARSEN, 1322 TRAIL RIDGE RD
Address: 1322 TRAIL RIDGE RD,
LONGMONT
Price: $249900
Date Closed: 8/26/2013
BOULDER
Price: $170000
Date Closed: 8/26/2013
308, BOULDER
Price: $172500
Date Closed: 8/27/2013
DR, SUPERIOR
Price: $675000
Date Closed: 8/27/2013
Seller: DANIEL S & ELIZABETH D
STEINBERG
Buyer, Buyer’s Address: AMY SINOPOLI, 324 STICKNEY ST
Address: 1091 RUDI LN, GOLDEN
Price: $174900
Date Closed: 8/26/2013
Seller: JEFFREY R & KRISTI L M
CARIUS
Buyer, Buyer’s Address: BILLY &
MELISSA MANSOUR, 1379 LODGE
LN
Address: 1379 LODGE LN, BOULDER
Price: $740000
Date Closed: 8/27/2013
Seller: BSK LLC
Buyer, Buyer’s Address: 13 BOULDER LLC, 1423 S PEARL ST
Address: 2885 AURORA AVE STE
13, BOULDER
Price: $40000
Date Closed: 8/27/2013
Seller: GERALD S ZWISLER
Buyer, Buyer’s Address: RYAN M
THOMPSON, 1205 BUTTON ROCK
DR
Address: 1205 BUTTON ROCK DR,
LONGMONT
Price: $325000
Date Closed: 8/26/2013
Seller: HAROLD O NOLL
Buyer, Buyer’s Address: ELLEN
DOLAN, 4097 SAINT LUCIA ST
Address: 4097 SAINT LUCIA ST,
BOULDER
Price: $760000
Date Closed: 8/26/2013
Seller: CHARLES G & LISA R CERNY
Buyer, Buyer’s Address: MATTHEW
GOTSCHALL, 209 SEMINOLE DR
Address: 209 SEMINOLE DR, BOULDER
Price: $500000
Date Closed: 8/26/2013
Seller: NAINI K AHLUWALIA
Buyer, Buyer’s Address: JEFFREY
R & KRISTI L CARIUS, 4901 CLUBHOUSE CIR
Address: 4901 CLUBHOUSE CIR,
BOULDER
Price: $467700
Date Closed: 8/26/2013
Seller: BSK LLC
Buyer, Buyer’s Address: 28 BOULDER LLC, 1423 S PEARL ST
Address: 2885 AURORA AVE STE
2B, BOULDER
Price: $20000
Date Closed: 8/27/2013
Seller: KATHRYN L MCKAY REVOCABLE TRUS
Buyer, Buyer’s Address: PENELOPE
J LESTER, 1672 YELLOW PINE AVE
Address: 1672 YELLOW PINE AVE,
BOULDER
Price: $555500
Date Closed: 8/27/2013
Seller: LARA LATHAM
Buyer, Buyer’s Address: TRUST
BETWEEN NATIONAL EQUITY, 8701
W DODGE RD
Address: 2406 WANEKA LAKE TRL,
LAFAYETTE
Price: $
Date Closed: 8/27/2013
Seller: TRUST BETWEEN NATIONAL
EQUITY
Buyer, Buyer’s Address: CHARLES
H & FAITH E EBERT, 2406 WANEKA
LAKE TRL
Address: 2406 WANEKA LAKE TRL,
LAFAYETTE
Price: $530000
Date Closed: 8/27/2013
Seller: GERALD L WICK
Buyer, Buyer’s Address: JONATHAN
RUSHTON CO HAZEN, 1110 SPARTA
DR
Address: 1110 SPARTA DR, LAFAYETTE
Price: $375000
Date Closed: 8/27/2013
Seller: ANDREA R & THOMAS D
WOOTON
Buyer, Buyer’s Address: AMY NACK,
201 SALINA ST
Address: 201 SALINA ST, LAFAYETTE
Price: $662500
Date Closed: 8/27/2013
Seller: MARISA J LEYKAM
Buyer, Buyer’s Address: SAMUEL
LOUIS KINDICK, 3323 HICKOK PL
Address: 3323 HICKOK PL, BOULDER
Price: $305000
Date Closed: 8/27/2013
Seller: DEBORAH TAUSSIG
Buyer, Buyer’s Address: DARIN R
PYATT, 1061 MILO CIR UNIT B
Address: 1061 MILO CIR UNIT B,
LAFAYETTE
Price: $152000
Date Closed: 8/26/2013
Seller: BOULDER CREEK KINGSBRIDGE LLC
Buyer, Buyer’s Address: MICHAEL
& ASHLEY H CONNOLLY, 1514
RENAISSANCE DR
Address: 1514 RENAISSANCE DR,
LONGMONT
Price: $258600
Date Closed: 8/27/2013
Seller: CROWN COURT CONDOS
LLC
Buyer, Buyer’s Address: DONNA K
AXEL, 560 YALE RD
Address: 1405 BROADWAY APT 207,
Seller: GARETT MICHAEL SHULMAN
Buyer, Buyer’s Address: KEVIN &
SHEILA STOELTING, 2227 CANYON
BLVD APT 308
Address: 2227 CANYON BLVD APT
Seller: BESSIE CUPP MOORE REVOCABLE TR
Buyer, Buyer’s Address: JENNIKA
WILDAU, 3801 PASEO DEL PRADO
ST
Address: 3801 PASEO DEL PRADO
ST, BOULDER
Price: $265000
Date Closed: 8/27/2013
Seller: 14TH STREET ELEMENT LLC
Buyer, Buyer’s Address: BH LLC,
1750 14TH ST
Address: 1750 14TH ST, BOULDER
Price: $2600000
Date Closed: 8/27/2013
Seller: NICHOLAS L JR ZIMMER
Buyer, Buyer’s Address: ALR
INVESTMENTS LLC, 1035 PEARL
ST STE 205B
Address: 2605 KOHLER DR, BOULDER
Price: $500000
Date Closed: 8/27/2013
Seller: ANTHONY D & JULIE A TRUSCHEL
Buyer, Buyer’s Address: DAVID W
KENNEDY, 2490 CRAGMOOR RD
Address: 2490 CRAGMOOR RD,
BOULDER
Price: $980000
Date Closed: 8/27/2013
Seller: MARGARET HELEN RIDDLE
REVOCABL
Buyer, Buyer’s Address: STELLA
LISE BIZZARRO, 3090 VASSAR DR
Address: 3090 VASSAR DR, BOULDER
Price: $480000
Date Closed: 8/27/2013
Seller: ELROY E QUENROE
Buyer, Buyer’s Address: MICHAEL
D TRUSTEEE & NANCY M TRUSTEE
ROWE, 1465 BENITO AVE
Address: 1286 NORWOOD AVE,
BOULDER
Price: $1017000
Date Closed: 8/27/2013
Seller: JOHN & SUSAN NEUMEIER
Buyer, Buyer’s Address: ANTHONY
D & JULIE TRUSCHEL, 500 MOHAWK
DR APT 603
Address: 500 MOHAWK DR APT 603,
BOULDER
Price: $310300
Date Closed: 8/27/2013
Seller: RONALD DEAN MARTINDALE
Buyer, Buyer’s Address: GREGORY
J & AMY L PAYNE, 1020 COLLYER ST
Address: 743 SUNSET ST, LONGMONT
Price: $190000
Date Closed: 8/27/2013
Seller: GRASON RATOWSKY
Buyer, Buyer’s Address: JEAN
JAMISON, 3250 REDSTONE LN
Address: 3250 REDSTONE LN,
BOULDER
Price: $265000
Date Closed: 8/27/2013
Seller: NANCY A DOWNEY
Buyer, Buyer’s Address: EAGLE B
LEASING CO LTD, 850 20TH ST APT
502
Address: 850 20TH ST APT 502,
BOULDER
Price: $285000
Date Closed: 8/27/2013
Seller: JACK L & DARLENE M NOBLE
Buyer, Buyer’s Address: L NOBLE
DARLENE M N JACK, 2853 ODELL
DR
Address: 610 S MILLER AVE, LAFAYETTE
Price: $
Date Closed: 8/27/2013
Seller: M E LLC
Buyer, Buyer’s Address: MICHAEL K
JONES, 1615 GOSHAWK DR
Address: 1615 GOSHAWK DR,
LONGMONT
Price: $375000
Date Closed: 8/27/2013
Seller: KATHY LEE RUSSELL
Buyer, Buyer’s Address: TYLER C &
JANE R GRUBICH, 3151 W TORREYS
PEAK DR
Address: 3151 W TORREYS PEAK
Seller: BSK LLC
Buyer, Buyer’s Address: 36 BOULDER LLC, 1423 S PEARL ST
Address: 2885 AURORA AVE STE
36, BOULDER
Price: $20000
Date Closed: 8/27/2013
Seller: BHP YEAGER FARMS LLC
Buyer, Buyer’s Address: HENRY
WALKER CONSTRUCTION COLO,
1343 15TH AVE
Address: 1343 15TH AVE, LONGMONT
Price: $78500
Date Closed: 8/27/2013
Seller: RANDALL M WRIGHT
Buyer, Buyer’s Address: LILI BIGI,
1680 EGRET WAY
Address: 1680 EGRET WAY, SUPERIOR
Price: $186000
Date Closed: 8/28/2013
Seller: JUDITH & DAVID M
SOBINOVSKY
Buyer, Buyer’s Address: CARLA
ALTA KNOPP, 2320 CREEKSIDE DR
Address: 2320 CREEKSIDE DR,
LONGMONT
Price: $465000
Date Closed: 8/28/2013
Seller: GARY L & MAUREEN F RAIT
Buyer, Buyer’s Address: KEVIN
HOLTZCLAW, 275 KIOWA PL
Address: 275 KIOWA PL, BOULDER
Price: $703500
Date Closed: 8/28/2013
Seller: MARGARET RUSSELL
Buyer, Buyer’s Address: RUSSELL
PARTNERSHIP LLP, 16792 WCR 1
Address: 1714 CAMBRIDGE DR,
LONGMONT
Price: $215000
Date Closed: 8/28/2013
Seller: ROBERT P DOBRANSKY
Buyer, Buyer’s Address: ROBERT
PETER DOBRANSKY REVOCAB,
2950 COLBY DR
Address: 2950 COLBY DR, BOULDER
Price: $
Date Closed: 8/28/2013
Seller: MICHELE HERMES
Buyer, Buyer’s Address: MICHELE
A HERMES TRUST, 180 NEWBURY
ST APT 4102
Address: 4125 PORTOFINO DR,
LONGMONT
Price: $
Date Closed: 8/28/2013
Seller: GEOFFREY P MINA
Buyer, Buyer’s Address: TERRY J
& MAXINE C THELEN, 5089 5TH ST
Address: 5089 5TH ST, BOULDER
Price: $540000
Date Closed: 8/28/2013
Seller: HUD
Buyer, Buyer’s Address: COREY
LYNN SAILER, 821 INDEPENDENCE
DR
Address: 821 INDEPENDENCE DR,
LONGMONT
Price: $
Date Closed: 8/28/2013
Seller: STEPHEN SMITH
Buyer, Buyer’s Address: STEPHEN
SMITH REVOCABLE TRUST, 1111
PO BOX 160
Address: 1111 MAXWELL AVE APT
109, BOULDER
Price: $
Date Closed: 8/28/2013
C PIERSON, 5640 WOODSMAN DR
Address: 930 BUTTON ROCK DR
UNIT 69, LONGMONT
Price: $167000
Date Closed: 8/28/2013
Seller: JOCELYN A HAYES
Buyer, Buyer’s Address: PAMELA K &
JAMES P GODDARD, 1912 ANDREW
ALDEN ST
Address: 1912 ANDREW ALDEN ST,
LONGMONT
Price: $765000
Date Closed: 8/28/2013
Seller: CHRISTOPHER J & KATHERINE C LEE
Buyer, Buyer’s Address: CHRISTOPHER J & REBECCA ROCHA, 847
OSPREY CT
Address: 847 OSPREY CT, LOUISVILLE
Price: $485000
Date Closed: 8/28/2013
Seller: MARK D BOWEN
Buyer, Buyer’s Address: JOSHUA
MERRIAM, 4793 TANTRA DR # E9
Address: 4793 TANTRA DR # E9,
BOULDER
Price: $241000
Date Closed: 8/28/2013
Seller: ACTIVESPACE LLC
Buyer, Buyer’s Address: BIS HOLDINGS LLC, 2845 29TH ST STE B
Address: 3203 PEARL PKY, BOULDER
Price: $1500000
Date Closed: 8/28/2013
Seller: BOULDER CREEK KINGSBRIDGE LLC
Buyer, Buyer’s Address: MICHAEL
A & JENNIFER A VINCENT, 5791 S
ORCHARD CREEK CIR
Address: 1518 RENAISSANCE DR,
LONGMONT
Price: $246700
Date Closed: 8/28/2013
Seller: CHARLES N HOFFMAN
Buyer, Buyer’s Address: 720 ENGINEERING LLC, 725 INCA PKWY
Address: 2337 GOSS ST, BOULDER
Price: $
Date Closed: 8/28/2013
Seller: DANIEL NEWBY
Buyer, Buyer’s Address: LUKE REILLY, 496 ESCAPE RTE
Address: 496 ESCAPE RTE, BOULDER
Price: $250000
Date Closed: 8/28/2013
Seller: RBS RENTALS
Buyer, Buyer’s Address: FRANCIS
STREET INVESTMENTS LLC, 7698
ESTATE CIR
Address: 1221 FRANCIS ST, LONGMONT
Price: $500000
Date Closed: 8/28/2013
Seller: RICHARD RANDALL & LINDA
S SMITH
Buyer, Buyer’s Address: WHITFIELD
PROPERTIES LLC, 1325 HARTFORD
DR
Address: 1325 HARTFORD DR,
BOULDER
Price: $425000
Date Closed: 8/28/2013
Seller: DANIEL M & SUSAN C JONES
Buyer, Buyer’s Address: MARISA
LEYKAM, 4295 DARLEY AVE
Address: 4295 DARLEY AVE, BOULDER
Price: $447000
Date Closed: 8/28/2013
Seller: TINA ARTHUR
Buyer, Buyer’s Address: VICTORIA K
OLSON, 1590 YAUPON AVE
Address: 1590 YAUPON AVE, BOULDER
Price: $199400
Date Closed: 8/28/2013
Seller: IVAN G PELEDOV
Buyer, Buyer’s Address: DONGMEI
HE, 3349 LARKSPUR DR
Address: 3349 LARKSPUR DR,
LONGMONT
Price: $264000
Date Closed: 8/28/2013
Seller: GARY L ELDRIDGE
Buyer, Buyer’s Address: SANDRA
MARIE SHANNON, 3386 CRIPPLE
CREEK TRL
Address: 3386 CRIPPLE CREEK TRL,
BOULDER
Price: $293000
Date Closed: 8/28/2013
Seller: MARGARET GRETCHEN
BEATTY
Buyer, Buyer’s Address: TRACEY
PARRISH, 755 CHERRYVALE RD
Address: 834 ELDORADO AVE, NEDERLAND
Price: $244000
Date Closed: 8/28/2013
Seller: 4625 LUDLOW STREET LLC
Buyer, Buyer’s Address: ANDREW
DUDDERAR, 4625 LUDLOW ST
Address: 4625 LUDLOW ST, BOULDER
Price: $419000
Date Closed: 8/28/2013
Seller: KRISTEN M ENGLAND
Buyer, Buyer’s Address: ROBERT
Seller: BEVERLY T BROM
Buyer, Buyer’s Address: JAY S &
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
|
19A
FOR THE RECORD
NANCY A KREIDER, 20546 E LAKE
DR
Address: 1305 BEAR MOUNTAIN DR
APT A, BOULDER
Price: $330000
Date Closed: 8/28/2013
Seller: JAMES G CLEMENT
Buyer, Buyer’s Address: MICHAEL M
YOUNGDAHL, 2555 CLAYTON CIR
Address: 2555 CLAYTON CIR, SUPERIOR
Price: $535000
Date Closed: 8/28/2013
Seller: GARY E MEYERS
Buyer, Buyer’s Address: FH PROPERTIES LLC, 3941 PROMONTORY
CT
Address: 1949 PEARL ST # C1,
BOULDER
Price: $
Date Closed: 8/28/2013
Seller: RAJA INVESTMENTS LLC
Buyer, Buyer’s Address: GARY E
MEYERS, 3941 PROMONTORY CT
Address: 1949 PEARL ST # C1,
BOULDER
Price: $1000000
Date Closed: 8/28/2013
Seller: DEIRDRE M PARKER
Buyer, Buyer’s Address: ANNE
VOSHELL & PETER E WEBB, 3250
ONEAL CIR APT J37
Address: 3250 ONEAL CIR APT J37,
BOULDER
Price: $164900
Date Closed: 8/28/2013
Seller: WARREN J & DOROTHY J
ALMQUIST
Buyer, Buyer’s Address: JANET G
TAFFET, 1045 SPRUCE ST APT B
Address: 1045 SPRUCE ST APT B,
BOULDER
Price: $690500
Date Closed: 8/28/2013
Seller: DOUGLAS A & LAUREN T
SCANLON
Buyer, Buyer’s Address: JOSEPH A
PAULUS, 2532 SWEETWATER CIR
Address: 2532 SWEETWATER CIR,
LAFAYETTE
Price: $390000
Date Closed: 8/28/2013
Seller: PETER KLEIN
Buyer, Buyer’s Address: DEBRA L
HEISER, 730 KIMBARK ST
Address: 730 KIMBARK ST, LONGMONT
Price: $242000
Date Closed: 8/28/2013
Seller: ELLEN M RAMSEY
Buyer, Buyer’s Address: TODD
KINZLE, 9440 CRYSTAL LN
Address: 1410 MOUNT EVANS DR,
LONGMONT
Price: $195000
Date Closed: 8/28/2013
Seller: RENEE M YAMPOLSKY
Buyer, Buyer’s Address: GEORGE
F & AMY F RUSSELL, 195 RENDEZVOUS DR
Address: 195 RENDEZVOUS DR,
LAFAYETTE
Price: $324900
Date Closed: 8/28/2013
Seller: JOLANDA G FERGUSON
Buyer, Buyer’s Address: JASON C &
SHANNON T PLUMB, 2255 E HECLA
DR UNIT B
Address: 2255 E HECLA DR UNIT B,
LOUISVILLE
Price: $470000
Date Closed: 8/28/2013
Seller: ZOE BROOKER
Buyer, Buyer’s Address: SCOTT J
ANDERSON, 18176 RUSTIC CT
Address: 930 BUTTON ROCK DR #
L71, LONGMONT
Price: $161800
Date Closed: 8/28/2013
Seller: CHRISTIAN F VANEK
Buyer, Buyer’s Address: HEATHER
MUNRO, 214 DAHLIA DR
Address: 214 DAHLIA DR, LOUISVILLE
Price: $360000
Date Closed: 8/28/2013
Seller: SUZANNE L CABLE
Buyer, Buyer’s Address: KATHERINE
STANGE, 285 32ND ST
Address: 285 32ND ST, BOULDER
Price: $447800
Date Closed: 8/28/2013
Seller: TAMBERLY TRADE CENTER
LLC
Buyer, Buyer’s Address: SADHU
DENVER LLC, 1501 PO BOX 4655
Address: 1501 LEE HILL RD UNIT 22,
BOULDER
Price: $399500
Date Closed: 8/28/2013
Seller: SET SET
Buyer, Buyer’s Address: ANDREW
LITTMAN, 3095 3RD ST
Address: 3101 3RD ST, BOULDER
Price: $223100
Date Closed: 8/28/2013
Seller: JONATHAN D JARGON
Buyer, Buyer’s Address: TRICIA C
STEWART, 8934 WALKER RD
Address: 8934 WALKER RD, NIWOT
Price: $537500
Date Closed: 8/28/2013
Seller: JAMES P & PAMELA K GODDARD
Buyer, Buyer’s Address: JAMES
DOUGLAS YEISER, 1357 WASHBURN ST
Address: 1357 WASHBURN ST, ERIE
Price: $570000
Date Closed: 8/28/2013
Seller: JOHN P KERSCHNER
Buyer, Buyer’s Address: CAROLYN C
& JOHN P KERSCHNER, 403 DEWEY
AVE
Address: 403 DEWEY AVE, BOULDER
Price: $
Date Closed: 8/28/2013
Seller: KENNETH CAREY
Buyer, Buyer’s Address: BHUSHAN
LAL & BIMEE SHRESTHA, 910 WOLF
CREEK DR
Address: 910 WOLF CREEK DR,
LONGMONT
Price: $226000
Date Closed: 8/28/2013
Seller: DAVID G & MARIA E YATES
Buyer, Buyer’s Address: KIMM C
GILLOGLY, 4435 CHIPPEWA DR
Address: 4435 CHIPPEWA DR,
BOULDER
Price: $610000
Date Closed: 8/28/2013
Seller: KROEHL LIVING TRUST
Buyer, Buyer’s Address: MARC
NEMER REVOCABLE TRUST, 312
PINE NEEDLE RD
Address: 312 PINE NEEDLE RD,
BOULDER
Price: $1050000
Date Closed: 8/28/2013
Seller: FANNIE MAE
Buyer, Buyer’s Address: RUSSELL
H FLOYD, 16762 CHESTNUT OVERLOOK DR
Address: 4585 13TH ST # 1E, BOULDER
Price: $215900
Date Closed: 8/28/2013
Seller: MICHAEL A & KATHLEEN L
FORD
Buyer, Buyer’s Address: DYLAN B
& AMBER L HUNTER, 194 MCDONALD CT
Address: 194 MCDONALD CT, ERIE
Price: $334000
Date Closed: 8/29/2013
Seller: SCOTT & JESSICA MACKARO
Buyer, Buyer’s Address: BEVIN
GUMM, 588 HOMESTEAD ST
Address: 588 HOMESTEAD ST,
LAFAYETTE
Price: $346000
Date Closed: 8/29/2013
Seller: BARBARA S & WILLIAM B
GROUT
Buyer, Buyer’s Address: MICHAEL A
& KATHLEEN L FORD, 10226 MACEDONIA ST
Address: 10226 MACEDONIA ST,
LONGMONT
Price: $419000
Date Closed: 8/29/2013
Seller: BERTON E & JULIE A CALLICOATT
Buyer, Buyer’s Address: BRIAN T &
JESSICA M SCHMITT, 295 31ST ST
Address: 295 31ST ST, BOULDER
Price: $430000
Date Closed: 8/29/2013
Seller: VALARIE R SCHAMPER
Buyer, Buyer’s Address: DANIEL
CONOR SEYLE, 397 COUNTY RD
Address: 397 COUNTY RD, LOUISVILLE
Price: $365000
Date Closed: 8/29/2013
Seller: WILLIAM W III & KERRI GRACE
MARK
Buyer, Buyer’s Address: ANDREA S
THORPE, 245 DAHLIA DR
Address: 245 DAHLIA DR, LOUISVILLE
Price: $348500
Date Closed: 8/29/2013
Seller: MICHELE A WAGNER
Buyer, Buyer’s Address: DOUGLAS
N & HANNAH J KRENING, 4501 NELSON RD APT 2504
Address: 4501 NELSON RD APT
2504, LONGMONT
Price: $189000
Date Closed: 8/29/2013
KEITH MITCHELL, 6365 BRUNTWOOD CT
Address: 6365 BRUNTWOOD CT,
BOULDER
Price: $629000
Date Closed: 8/29/2013
Seller: ALETHEA L HUDSON
Buyer, Buyer’s Address: CYNTHIA C
& MICHELLE C ALDECOCEA, 1301
BAKER ST APT B
Address: 1301 BAKER ST APT B,
LONGMONT
Price: $127500
Date Closed: 8/29/2013
Seller: MARK J & DIANE E ERICKSON
Buyer, Buyer’s Address: CHRISTIAN
F VANEK, 47 BONANZA DR
Address: 51 BONANZA DR, NEDERLAND
Price: $749000
Date Closed: 8/29/2013
Seller: MATTHEW HULL
Buyer, Buyer’s Address: STEVEN J
JOSEPH, 1737 PRESTON DR
Address: 1737 PRESTON DR, LONGMONT
Price: $320000
Date Closed: 8/29/2013
Seller: MERITAGE HOMES COLORADO INC
Buyer, Buyer’s Address: JACKSON
J & CELESTE E NIES, 688 FOSSIL
BED CIR
Address: 688 FOSSIL BED CIR, ERIE
Price: $366900
Date Closed: 8/29/2013
Seller: ALVIN DALE & DIANA LYNN
BETZ
Buyer, Buyer’s Address: REYES &
MARTHA A RAMOS, 1350 TERRACE
DR
Address: 1350 TERRACE DR, LONGMONT
Price: $278000
Date Closed: 8/29/2013
Seller: MIKE BALL
Buyer, Buyer’s Address: MICHAEL
D BALL, 1607 COTTONWOOD DR
APT 12
Address: 1607 COTTONWOOD DR
APT 12, LOUISVILLE
Price: $
Date Closed: 8/29/2013
Seller: MICHAEL D BALL
Buyer, Buyer’s Address: PHILIP
BROWN, 1607 COTTONWOOD DR
APT 12
Address: 1607 COTTONWOOD DR
APT 12, LOUISVILLE
Price: $85000
Date Closed: 8/29/2013
Seller: IAN & VICTORIA MCAULAY
Buyer, Buyer’s Address: R WAYNE
HOLDER, 836 MOUNT EVANS CT
Address: 836 MOUNT EVANS CT,
LOUISVILLE
Price: $1165000
Date Closed: 8/29/2013
Seller: RICHARD MARTINDALE
Buyer, Buyer’s Address: RICHARD
MARTINDALE, 9135 FLEETWOOD
AVE
Address: 9135 FLEETWOOD AVE,
LONGMONT
Price: $
Date Closed: 8/29/2013
Seller: DAVID B & HEATHER E
SCHMITT
Buyer, Buyer’s Address: PORNTIP A
LUEANGRUJIWONG, 1838 GAY ST
Address: 1838 GAY ST, LONGMONT
Price: $207500
Date Closed: 8/29/2013
Seller: JEFFREY A & JILL M KELLAM
Buyer, Buyer’s Address: AARON C &
MICHELLE L VOGEL, 2111 10TH AVE
Address: 2111 10TH AVE, LONGMONT
Price: $375000
Date Closed: 8/29/2013
Seller: ERIC J KRAMER
Buyer, Buyer’s Address: IVOR
MICHEL & SUSAN GAIL WALTER,
702 PINE ST
Address: 702 PINE ST, BOULDER
Price: $1450000
Date Closed: 8/29/2013
Seller: CHRISTINE MIELNICKI
Buyer, Buyer’s Address: BLUE SKIES
INVESTMENTS LLC, 425 COLLEGE
AVE
Address: 1432 SERENITY CIR,
LONGMONT
Price: $285000
Date Closed: 8/29/2013
Seller: CALLAN BARRETT
Buyer, Buyer’s Address: PATRICK
H KRUSE, 3282 CRIPPLE CREEK
TRL # 6A
Address: 3282 CRIPPLE CREEK TRL
# 6A, BOULDER
Price: $195000
Date Closed: 8/29/2013
Seller: ALEXANDER T & LAURA H
MALININ
Buyer, Buyer’s Address: JULIE &
Seller: MENTAL HEALTH CENTER
BOULDER C
Buyer, Buyer’s Address: RYAN C &
CARY A STONGE, 209 ANEMONE DR
Address: 980 11TH ST, BOULDER
Price: $685000
Date Closed: 8/29/2013
Seller: ROBERT A LUCERO
Buyer, Buyer’s Address: 8448 RESIDENTIAL TRUST, 4808 E BASELINE
RD #107
Address: 7877 WOODLAND RD,
LONGMONT
Price: $217000
Date Closed: 8/29/2013
Seller: PAUL & MARLENE C WARD
Buyer, Buyer’s Address: DIANA
MARIANI REVOCABLE TRUST, 1111
CEDAR SWAMP RD
Address: 4670 7TH ST, BOULDER
Price: $967500
Date Closed: 8/29/2013
Seller: JENNIFER E CHISIK
Buyer, Buyer’s Address: DOYLE T
& KELLI M STRICKER, 2749 FALCON DR
Address: 2749 FALCON DR, LONGMONT
Price: $389000
Date Closed: 8/29/2013
Seller: DIANE PROPST
Buyer, Buyer’s Address: DIANE
PROPST, 2117 MEADOW CT
Address: 2117 MEADOW CT, LONGMONT
Price: $
Date Closed: 8/29/2013
Seller: DIANE PROPST
Buyer, Buyer’s Address: DIANE
PROPST, 2112 SANTA FE DR
Address: 225 E 8TH AVE APT A7,
LONGMONT
Price: $
Date Closed: 8/29/2013
Seller: DIANE M PROPST
Buyer, Buyer’s Address: DIANE
PROPST, 2112 SANTA FE DR
Address: 2112 SANTA FE DR, LONGMONT
Price: $
Date Closed: 8/29/2013
Seller: REDSTONE HOMES LIMITED
PARTNER
Buyer, Buyer’s Address: CHARLES A
& CHERYL A DUPREY, 6980 SPRINGHILL DR
Address: 4138 HEATHERHILL CIR,
LONGMONT
Price: $1048000
Date Closed: 8/29/2013
Seller: INDIAN PEAKS SOUTH 2 LLC
Buyer, Buyer’s Address: DAVID
JAMES GOLDFARB, 2839 CLEAR
CREEK LN
Address: 2839 CLEAR CREEK LN,
LAFAYETTE
Price: $435400
Date Closed: 8/29/2013
Seller: ADVANTAGE BANK
Buyer, Buyer’s Address: JAMES A
II & SUSAN H CROOKSTON, 1701
15TH ST UNIT 302
Address: 1701 15TH ST UNIT 302,
BOULDER
Price: $1825000
Date Closed: 8/29/2013
Seller: BETA UPSILON CORP
Buyer, Buyer’s Address: MEM DELTA
HOUSE LLC, MULT PROP
Address: 1005 12TH ST, BOULDER
Price: $5500000
Date Closed: 8/29/2013
Seller: ALVARO RAFAEL GUEVARA
Buyer, Buyer’s Address: WILLIAM D
& DEBRA A MORROW, 2269 WATERSONG CIR
Address: 2269 WATERSONG CIR,
LONGMONT
Price: $230000
Date Closed: 8/29/2013
Seller: JUDITH AMABILE
Buyer, Buyer’s Address: RICHARD J
& LISA L TROKSA, 2026 ALPINE DR
Address: 2026 ALPINE DR, BOULDER
Price: $2200000
Date Closed: 8/29/2013
Seller: INGER ELIZABETH BRIX
Buyer, Buyer’s Address: BENJAMIN
CHARLES BRONSON, 4630 RICARA
DR
Address: 4630 RICARA DR, BOULDER
Price: $470000
Date Closed: 8/29/2013
Seller: CHRISTOPHER SHEENA
ROCK LIVING
Buyer, Buyer’s Address: JEFFREY C
& LEAH E MILLER, 205 HOMESTEAD
PKWY
Address: 205 HOMESTEAD PKWY,
LONGMONT
Price: $342300
Date Closed: 8/29/2013
Broomfield County
BROOMFIELD
Price: $475000
Date Closed: 7/28/2013
Seller: COLLEEN M & DAVID M
WUCHENICH
Buyer, Buyer’s Address: DANA C &
CANDACE L DUTHIE, 16656 EOLUS
WAY
Address: 16656 EOLUS WAY,
BROOMFIELD
Price: $425000
Date Closed: 7/28/2013
Seller: AUSTIN D & TAWNA COOSE
Buyer, Buyer’s Address: JOHN P
REISER, 3278 DISCOVERY CT
Address: 3278 DISCOVERY CT,
BROOMFIELD
Price: $510000
Date Closed: 7/28/2013
Seller: DINKEL HOMES INC
Buyer, Buyer’s Address: GORDON
CUSTOM HOMES LLC, 6777 WADSWORTH BLVD
Address: 13971 CRAIG WAY,
BROOMFIELD
Price: $130000
Date Closed: 7/28/2013
Seller: ROBERT D & MADELAINE
CAVE
Buyer, Buyer’s Address: STEPHEN
UHLHORN, 14985 SILVER FEATHER
CIR
Address: 14985 SILVER FEATHER
CIR, BROOMFIELD
Price: $849900
Date Closed: 7/29/2013
Seller: JOHN K COSTELLO
Buyer, Buyer’s Address: RYAN &
LINDSAY SMITH, 1480 ABILENE DR
Address: 1480 ABILENE DR,
BROOMFIELD
Price: $260000
Date Closed: 7/29/2013
Seller: LESLIE STELLISH
Buyer, Buyer’s Address: SHALOM
KEITH, 253 GREENWAY CIR W
Address: 253 GREENWAY CIR W,
BROOMFIELD
Price: $218000
Date Closed: 7/29/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: CAROL
ANN S PENNINGTON, 4385 CRYSTAL DR
Address: 4385 CRYSTAL DR,
BROOMFIELD
Price: $652600
Date Closed: 7/29/2013
Seller: SUZANNE E JACOBS
Buyer, Buyer’s Address: ODALE &
ERINN DARBY, 1125 SUNSET DR
Address: 1125 SUNSET DR,
BROOMFIELD
Price: $399000
Date Closed: 7/29/2013
Seller: KENNETH T & DONNA K
BOOTH
Buyer, Buyer’s Address: KENNETH T
& DONNA K BOOTH, 7793 ESSEX PL
Address: 3785 BIRCHWOOD DR APT
68, BOULDER
Price: $
Date Closed: 8/29/2013
Seller: BRAD D & MELISSA S KLEIN
Buyer, Buyer’s Address: PRAVEEN
& ADITI SHENOY, 1168 OPAL ST
UNIT 102
Address: 1168 OPAL ST UNIT 102,
BROOMFIELD
Price: $157000
Date Closed: 7/25/2013
Seller: KENNETH T BOOTH
Buyer, Buyer’s Address: KENNETH T
& DONNA K BOOTH, 7793 ESSEX PL
Address: 1176 MONROE DR APT B,
BOULDER
Price: $
Date Closed: 8/29/2013
Seller: LISA M & ROBERT B ABEYTA
Buyer, Buyer’s Address: JESSICA
L & KYLE L WILLIAMS, 1526 REDWING LN
Address: 1526 REDWING LN,
BROOMFIELD
Price: $534000
Date Closed: 7/25/2013
Seller: TRICIA C STEWART
Buyer, Buyer’s Address: JOHN J &
CATHLEEN A ARAM, 14043 ROARING FORK CIR
Address: 14043 ROARING FORK
CIR, BROOMFIELD
Price: $495000
Date Closed: 7/29/2013
Seller: HUD
Buyer, Buyer’s Address: JEFFREY
S VONLINTEL, 6054 KINGSGATE DR
Address: 200 FLINT WAY, BROOMFIELD
Price: $
Date Closed: 7/25/2013
Seller: RYAN W & CAROLYN W SEABURY
Buyer, Buyer’s Address: KATHERINE ALICE BOD HOLLAND, 15010
LANTANA DR
Address: 15010 LANTANA DR,
BROOMFIELD
Price: $735000
Date Closed: 7/29/2013
Seller: BRADFORD L SMITH
Buyer, Buyer’s Address: NICOLE R
STOB, 4970 FRANKLIN DR
Address: 4970 FRANKLIN DR, BOULDER
Price: $505000
Date Closed: 8/29/2013
Seller: BRIAN & MELANIE MCDONALD
Buyer, Buyer’s Address: JEREMY &
AMY CAMPION, 1360 S TERRY ST
Address: 1360 S TERRY ST, LONGMONT
Price: $236000
Date Closed: 8/29/2013
Seller: CHRYSA CAULFIELD
Buyer, Buyer’s Address: ADAM H
HELLER, 1945 JUNIPER ST
Address: 1945 JUNIPER ST, LONGMONT
Price: $224000
Date Closed: 8/29/2013
Seller: JEFFRY & ZSANETT
BASINKEWITZ
Buyer, Buyer’s Address: CAROLINA
A & MARK J FRYER, 954 GAPTER RD
Address: 954 GAPTER RD, BOULDER
Price: $690000
Date Closed: 8/29/2013
Seller: RICHMOND AMERICAN
HOMES COLORA
Buyer, Buyer’s Address: JOSEPH P
& SHIRLEY L POTENZA, 3491 HARVARD PL
Address: 3491 HARVARD PL,
BROOMFIELD
Price: $497300
Date Closed: 7/28/2013
Seller: CHARLES A & KATHLEEN D
MACQUEEN
Buyer, Buyer’s Address: MACQUEEN FAMILY TRUST, 3171 W 10TH
AVENUE PL
Address: 3171 W 10TH AVENUE PL,
BROOMFIELD
Price: $
Date Closed: 7/28/2013
Seller: REBECCA A GRIFFITH
Buyer, Buyer’s Address: JOHN &
DIANE MAURO, 4711 WILSON DR
Address: 4711 WILSON DR,
Seller: TOLL CO I LLC
Buyer, Buyer’s Address: JOHN P &
NAOMI QUINN, 13904 BEACON ST
Address: 13904 BEACON ST,
BROOMFIELD
Price: $1171800
Date Closed: 7/29/2013
Seller: TARGET CORP
Buyer, Buyer’s Address: 1660 W
MIDWAY BOULEVARD LLC, 1600 E
PLANO PKWY
Address: 1660 W MIDWAY BLVD,
BROOMFIELD
Price: $3500000
Date Closed: 7/29/2013
Seller: HAROLD A AND GEORGIA
LEE LUNKA
Buyer, Buyer’s Address: MICHAEL
V & CARA A OMALLEY, 1158 CLUBHOUSE DR
Address: 1158 CLUBHOUSE DR,
BROOMFIELD
Price: $477500
Date Closed: 7/28/2013
Seller: DONNA & DANIEL V NEDDEAU
Buyer, Buyer’s Address: COENEN
20A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
FOR THE RECORD
LAND CO LLC, 2421 RANCH
RESERVE RDG
Address: 2815 SPRUCE MEADOWS
DR, BROOMFIELD
Price: $242600
Date Closed: 7/30/2013
Seller: GARY & DIANE CRANDALL
Buyer, Buyer’s Address: DAN &
JULIE BRANING, 1266 HIGHLAND
PARK DR
Address: 1266 HIGHLAND PARK DR,
BROOMFIELD
Price: $307000
Date Closed: 7/30/2013
Seller: JEAN B & TIMOTHY D HYNEK
Buyer, Buyer’s Address: LOIS ANN
MOSES, 1176 OPAL ST UNIT 104
Address: 1176 OPAL ST UNIT 104,
BROOMFIELD
Price: $162000
Date Closed: 7/30/2013
Seller: LEE A STIGLER
Buyer, Buyer’s Address: TIMOTHY
C JR & JAIME E SCHULER, 14503
STARGAZER DR
Address: 14503 STARGAZER DR,
BROOMFIELD
Price: $749900
Date Closed: 7/30/2013
Seller: JEFFREY S & MARTHA J
KARSON
Buyer, Buyer’s Address: GADDY
THEODORE & VALERIE ANN BERGMANN, 12289 CRABAPPLE ST
Address: 12289 CRABAPPLE ST,
BROOMFIELD
Price: $251500
Date Closed: 7/30/2013
Seller: DOROTHY L HARTLIEB
TRUST
Buyer, Buyer’s Address: R W LARSEN REVOCABLE TRUST, 1138 OPAL
ST UNIT 104
Address: 1138 OPAL ST UNIT 104,
BROOMFIELD
Price: $160000
Date Closed: 7/30/2013
Seller: GARY E SVOBODA
Buyer, Buyer’s Address: JOHN C
PURDY, 1724 DAISY CT
Address: 1724 DAISY CT, BROOMFIELD
Price: $335000
Date Closed: 7/30/2013
Seller: ALAN & PAM WILLIAMS
Buyer, Buyer’s Address: WEICHERT
RELOCATION RESOURCES, 1625
ROUTE 10
Address: 14286 MCKAY PARK CIR,
BROOMFIELD
Price: $410000
Date Closed: 7/31/2013
Seller: WEICHERT RELOCATION
RESOURCES
Buyer, Buyer’s Address: CLAIRE
SCHIMKE & DANIEL P BRUNET,
14286 MCKAY PARK CIR
Address: 14286 MCKAY PARK CIR,
BROOMFIELD
Price: $410000
Date Closed: 7/31/2013
Seller: ROBERT B FISHER
Buyer, Buyer’s Address: EUGENE
W & MARY ANN JAEGER, 4642 BELFORD CIR
Address: 4642 BELFORD CIR,
BROOMFIELD
Price: $600000
Date Closed: 7/31/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: CLAYTON
& A JOANNE LAGERQUIST, 4305
CRYSTAL DR
Address: 4305 CRYSTAL DR,
BROOMFIELD
Price: $542300
Date Closed: 7/31/2013
Seller: CARL L HALDY LIVING TRUST
Buyer, Buyer’s Address: TYRRELL L
& TYRRELL LYNN PATTERSON, 495
BIRCH ST
Address: 495 BIRCH ST, BROOMFIELD
Price: $315000
Date Closed: 7/31/2013
Seller: RUBY LTD LIABILITY CO
Buyer, Buyer’s Address: PARAGON
PROPERTIES INC, 4771 FOX ST
Address: 1008 DEPOT HILL RD,
BROOMFIELD
Price: $720000
Date Closed: 7/31/2013
Seller: MATTHEW E & CHERYL Y
ZOTTER
Buyer, Buyer’s Address: STANLEY
E & COURTNEY D STEEL, 4785 W
127TH PL
Address: 4785 W 127TH PL,
BROOMFIELD
Price: $349000
Date Closed: 7/31/2013
Seller: JAIME MORRISON
Buyer, Buyer’s Address: GERALD A
HARLEY, 3330 BOULDER CIR UNIT
102
Address: 3330 BOULDER CIR UNIT
102, BROOMFIELD
Price: $172500
Date Closed: 7/31/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: DARYL
& CAROL MCGRAW, 15970 REDCLOUD WAY
Address: 15970 REDCLOUD WAY,
BROOMFIELD
Price: $466300
Date Closed: 7/31/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: ROBERT B
FISHER, 4245 CRYSTAL DR
Address: 4245 CRYSTAL DR,
BROOMFIELD
Price: $726200
Date Closed: 7/31/2013
Seller: BROADLANDS FILING 16
OWNERS AS
Buyer, Buyer’s Address: JEFFERY R
& MARIAN D KRAMER, 4962 GREY
WOLF PL
Address: 4962 GREY WOLF PL,
BROOMFIELD
Price: $260000
Date Closed: 8/1/2013
Seller: MICHAEL S CRISWELL
Buyer, Buyer’s Address: DEAN & LI
EFRATI, 3698 GLACIER RIM TRL
Address: 3698 GLACIER RIM TRL,
BROOMFIELD
Price: $249900
Date Closed: 8/1/2013
Seller: BAZINGA LLC
Buyer, Buyer’s Address: BRIAN A
CORFF, 2965 W LOTH AVE CIR
Address: 2965 W LOTH AVE CIR,
BROOMFIELD
Price: $224500
Date Closed: 8/1/2013
Seller: KRISTINA CRYSTAL
Buyer, Buyer’s Address: WILLIAM
CHARLES & JOANNA MARIE PERCY,
955 LAUREL ST
Address: 955 LAUREL ST, BROOMFIELD
Price: $230000
Date Closed: 8/1/2013
Seller: KB HOME COLORADO INC
Buyer, Buyer’s Address: CHONG M
LEE, 11299 UPTOWN AVE
Address: 11299 UPTOWN AVE,
BROOMFIELD
Price: $290200
Date Closed: 8/1/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: THOMAS
E & PATRICIA V REED, 4235 CRYSTAL DR
Address: 4235 CRYSTAL DR,
BROOMFIELD
Price: $628400
Date Closed: 8/1/2013
Seller: DENNIS & KAREN HANKE
Buyer, Buyer’s Address: KENNETH
M & TRACY K HARRIS, 13977 RIVER
GLEN CT
Address: 13977 RIVER GLEN CT,
BROOMFIELD
Price: $545000
Date Closed: 8/1/2013
Seller: KB HOME COLORADO INC
Buyer, Buyer’s Address: CRAIG A
& CHRISTINE M ROWLAND, 11305
UPTOWN AVE
Address: 11305 UPTOWN AVE,
BROOMFIELD
Price: $272000
Date Closed: 8/1/2013
Seller: KB HOME COLORADO INC
Buyer, Buyer’s Address: ROLAND
& TOSHIKO SESSELMANN, 11287
UPTOWN AVE
Address: 11287 UPTOWN AVE,
BROOMFIELD
Price: $277900
Date Closed: 8/1/2013
Seller: DAVID B BLICKENSTAFF
FAMILY TR
Buyer, Buyer’s Address: SHAUNA
L BRYNGELSON, 12616 HAZEL CT
Address: 12616 HAZEL CT, BROOMFIELD
Price: $365000
Date Closed: 8/1/2013
Seller: RICHARD A BUEB
Buyer, Buyer’s Address: ANDREW K
PARKER, 3008 W 134TH PL
Address: 3008 W 134TH PL,
BROOMFIELD
Price: $216800
Date Closed: 8/4/2013
Seller: TANI FAMILY TRUST
Buyer, Buyer’s Address: BRYAN
GUSTAFSON, 440 CHESTNUT WAY
Address: 440 CHESTNUT WAY,
BROOMFIELD
Price: $218000
Date Closed: 8/4/2013
Seller: COLLEEN E FLOYD
Buyer, Buyer’s Address: MICHAEL
T & MEGAN L BARTOCCI, 12166
CRABAPPLE ST
Address: 12166 CRABAPPLE ST,
BROOMFIELD
Price: $254900
Date Closed: 8/4/2013
Seller: BRYAN WILLIAM BUUS
REVOCABLE T
Buyer, Buyer’s Address: KATHRYN
A OTTEN, 13329 GLACIER RIM TRL
Address: 13329 GLACIER RIM TRL,
BROOMFIELD
Price: $295000
Date Closed: 8/4/2013
Seller: EVERETT FINE HOMES LLC
Buyer, Buyer’s Address: JESSICA
GRIFFITH, 2596 SPRUCE MEADOWS DR
Address: 2596 SPRUCE MEADOWS
DR, BROOMFIELD
Price: $
Date Closed: 8/4/2013
Seller: KAREN L SHORT
Buyer, Buyer’s Address: KAREN L
SHORT LIVING TRUST, 537 RIFLE
WAY
Address: 537 RIFLE WAY, BROOMFIELD
Price: $
Date Closed: 8/4/2013
Seller: MICHAEL S MCKIBBEN
Buyer, Buyer’s Address: MANJU
NATH KOMMURI, 2300 S ROCK
CREEK PKWY # 31 104
Address: 14265 CORRINE CT,
BROOMFIELD
Price: $360000
Date Closed: 8/4/2013
Seller: MELANIE & PETER R SIMS
Buyer, Buyer’s Address: CHRISTOPHER & KATHERINE DIDONATO,
4961 ASPEN CREEK DR
Address: 4961 ASPEN CREEK DR,
BROOMFIELD
Price: $498000
Date Closed: 8/4/2013
Seller: GREGORY C & TRISHA M
HARDIE FRANKEL
Buyer, Buyer’s Address: JAMES B &
SANDRA K ADERMAN, 130 EVANS
CIR
Address: 130 EVANS CIR, BROOMFIELD
Price: $360000
Date Closed: 8/4/2013
Seller: JOYCE L FRITZ REVOCABLE
TRUST
Buyer, Buyer’s Address: ROLAND H &
JOSEPHINE M LEWIS, 7 SCOTT DR N
Address: 7 SCOTT DR N, BROOMFIELD
Price: $
Date Closed: 8/4/2013
Seller: LORRAINE D ALLEGAR
Buyer, Buyer’s Address: DAMON
S & MIKYONG KIM PEREZ, 1530
KOHL ST
Address: 1530 KOHL ST, BROOMFIELD
Price: $405500
Date Closed: 8/5/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: KERRY F &
CONSTANCE E MARTIN, 16476 LAS
BRISAS DR
Address: 16476 LAS BRISAS DR,
BROOMFIELD
Price: $546000
Date Closed: 8/5/2013
Seller: TOLL CO I LLC
Buyer, Buyer’s Address: DANIEL P
& BRENDA L BISHOP, 1795 TIVERTON AVE
Address: 1795 TIVERTON AVE,
BROOMFIELD
Price: $707400
Date Closed: 8/5/2013
Seller: THOMAS L & KRIS A DELOUISE
Buyer, Buyer’s Address: MICHAEL A
BURSON, 16719 CANBY WAY
Address: 16719 CANBY WAY,
BROOMFIELD
Price: $550000
Date Closed: 8/5/2013
Seller: MINGMING FENG
Buyer, Buyer’s Address: DONALD
MCKINNEY, 13542 VIA VARRA
Address: 13542 VIA VARRA,
BROOMFIELD
Price: $322000
Date Closed: 8/5/2013
Seller: DIANE & JOHN MAURO
Buyer, Buyer’s Address: LORRIE
& JEFFERY ALAN NISSEN, 16583
ANTERO CIR
Address: 16583 ANTERO CIR,
BROOMFIELD
Price: $445000
Date Closed: 8/6/2013
Seller: THOMAS D JAMES
Buyer, Buyer’s Address: TOBIN &
JAYNE BASFORD, 2710 OVERLOOK
DR
Address: 2710 OVERLOOK DR,
BROOMFIELD
Price: $280000
Date Closed: 8/6/2013
Seller: DEVELOPMENTAL DISABILITIES CEN
Buyer, Buyer’s Address: IMAGINE
HOUSING CORP III, 1400 DIXON AVE
Address: 15536 SANTA FE DR,
BROOMFIELD
Price: $136600
Date Closed: 8/6/2013
Seller: HAROLD & SYLVIA BLACK
Buyer, Buyer’s Address: CONCETTA
CIMATO, 4926 EOLUS PL
Address: 4926 EOLUS PL, BROOMFIELD
Price: $449000
Date Closed: 8/6/2013
Seller: ANN MADDEN
Buyer, Buyer’s Address: SHAWN &
PATRICIA KILLIAN, 1180 OPAL ST
UNIT 203
Address: 1180 OPAL ST UNIT 203,
BROOMFIELD
Price: $155000
Date Closed: 8/6/2013
Seller: ERIC NELSON & MARGARE
MONROE
Buyer, Buyer’s Address: JOSEPH
BENJAMIN SEGUIN, 3216 MEADOW
AVE
Address: 3216 MEADOW AVE,
BROOMFIELD
Price: $232000
Date Closed: 8/6/2013
Seller: ROBIN LYNN & DAVID ALLEN
USHER
Buyer, Buyer’s Address: USHER
FAMILY 2002 TRUST, 28520 WOOD
CANYON DR APT 124
Address: 4841 SUNSHINE PL,
BROOMFIELD
Price: $
Date Closed: 8/7/2013
Seller: CHRISTOPHER J & KATHERINE L DIDONATO
Buyer, Buyer’s Address: JEAN M
BOWEN, 14144 SUN BLAZE LOOP
UNIT A
Address: 14144 SUN BLAZE LOOP
UNIT A, BROOMFIELD
Price: $248100
Date Closed: 8/7/2013
SELBY
Buyer, Buyer’s Address: ANNA
MONAHAN, 2913 W 132ND AVE
Address: 2913 W 132ND AVE,
BROOMFIELD
Price: $207500
Date Closed: 8/8/2013
Seller: TIMOTHY R OREL
Buyer, Buyer’s Address: LISA A &
GEORGE LONGO, 775 ALLISON CT
Address: 13456 VIA VARRA UNIT
227, BROOMFIELD
Price: $180000
Date Closed: 8/8/2013
Seller: WELLS FARGO BK
Buyer, Buyer’s Address: HUD, 5017
PASADENA WAY
Address: 5017 PASADENA WAY,
BROOMFIELD
Price: $
Date Closed: 8/8/2013
Seller: SUSAN G BRIDGES
Buyer, Buyer’s Address: VANESSA
BRIDGES, 915 E 6TH AVE
Address: 915 E 6TH AVE, BROOMFIELD
Price: $178000
Date Closed: 8/8/2013
Seller: BRENT L & LISA WHITSELL
Buyer, Buyer’s Address: DANIEL
WILLIAM & MANDY MARIE FIELD,
231 E 11TH AVE
Address: 231 E 11TH AVE, BROOMFIELD
Price: $375000
Date Closed: 8/8/2013
Seller: PEGGY G VINCENT TRUST
Buyer, Buyer’s Address: KYLE R &
BRIAN R FITTJE, 605 NICKEL ST
Address: 605 NICKEL ST, BROOMFIELD
Price: $220000
Date Closed: 8/11/2013
Seller: JUSTIN AMASON
Buyer, Buyer’s Address: DEVEN
JASON & CORI LEIGH SHAFF, 1700
DAPHNE ST
Address: 1700 DAPHNE ST, BROOMFIELD
Price: $330000
Date Closed: 8/11/2013
Seller: GERALD A & JACQUELINE
J MCCOOL
Buyer, Buyer’s Address: SEARCHLIGHT CAPITAL LLC, 8310 S VALLEY
HWY STE 300
Address: 2936 N PRINCESS CIR,
BROOMFIELD
Price: $163700
Date Closed: 8/11/2013
Seller: ROBERT W WOOLSEY
Buyer, Buyer’s Address: CATHERINE
W EATON, 4985 BIERSTADT LOOP
Address: 4985 BIERSTADT LOOP,
BROOMFIELD
Price: $755000
Date Closed: 8/11/2013
Seller: PAUL J & MICHELE M BATTLE
Buyer, Buyer’s Address: NATHANIEL
& NATALIE CICOTELLO, 130 PEREGRINE CIR
Address: 130 PEREGRINE CIR,
BROOMFIELD
Price: $396500
Date Closed: 8/7/2013
Seller: JEANNE E & JANNA L REMINGTON
Buyer, Buyer’s Address: JOYCE M
AUERBACH, 1186 OPAL ST UNIT 103
Address: 1186 OPAL ST UNIT 103,
BROOMFIELD
Price: $165000
Date Closed: 8/11/2013
Seller: CURTIS JOHN & JEANNE
MARIE SANDOVAL
Buyer, Buyer’s Address: ROBERT
W JR & LINDA L SENSER, 13769
LEGEND TRL UNIT 101
Address: 13769 LEGEND TRL UNIT
101, BROOMFIELD
Price: $212000
Date Closed: 8/7/2013
Seller: WILLIAM N YANKER FAMILY
TRUST
Buyer, Buyer’s Address: DONALD
W & KERRY L SPRAGUE, 3050 W
151ST CT
Address: 3050 W 151ST CT, BROOMFIELD
Price: $650000
Date Closed: 8/11/2013
Seller: FANNIE MAE
Buyer, Buyer’s Address: MICHAEL
DODDRIDGE, 3460 BOULDER CIR
UNIT 103
Address: 3460 BOULDER CIR UNIT
103, BROOMFIELD
Price: $149900
Date Closed: 8/7/2013
Seller: BK AM
Buyer, Buyer’s Address: HUD, 205
IRIS ST
Address: 205 IRIS ST, BROOMFIELD
Price: $
Date Closed: 8/11/2013
Seller: JACOB WALTHER &
MICHELLE KRISTEN PAUL
Buyer, Buyer’s Address: MICHAEL &
MICHELE COLUSSI, 1860 E BEAU ST
Address: 14231 PIKEMINNOW PL,
BROOMFIELD
Price: $260000
Date Closed: 8/8/2013
Seller: JEREMY D JOHANNESEN
Buyer, Buyer’s Address: BRADLEY
& JESSICA B SHOCHAT, 1824 DEXTER ST
Address: 1824 DEXTER ST, BROOMFIELD
Price: $215000
Date Closed: 8/8/2013
Seller: DIMITRIUS A & LINDSEY E
Seller: DAVID G & MICHELLE A
COSTELLO
Buyer, Buyer’s Address: TIMOTHY
L & KRISTINE TOCHTROP, 10452
DALE CIR
Address: 4610 PYRAMID CIR,
BROOMFIELD
Price: $505000
Date Closed: 8/12/2013
Seller: LISA E COX
Buyer, Buyer’s Address: LISA KIEMAN, 921 E 9TH AVE
Address: 921 E 9TH AVE, BROOMFIELD
Price: $
Date Closed: 8/12/2013
Seller: PULTE HOME CORP
Buyer, Buyer’s Address: JOHN K
& SHIRLEY L JONES, 16504 LAS
BRISAS DR
Address: 16504 LAS BRISAS DR,
BROOMFIELD
Price: $371000
Date Closed: 8/12/2013
Seller: BRANDON & MARCIE BARAJAS
Buyer, Buyer’s Address: SUZANNE E
JACOBS, 14336 CORRINE CT
Address: 14336 CORRINE CT,
BROOMFIELD
Price: $360000
Date Closed: 8/12/2013
Seller: HUD
Buyer, Buyer’s Address: PAUL A &
THERESA M VENO, 325 HEMLOCK ST
Address: 325 HEMLOCK ST,
BROOMFIELD
Price: $
Date Closed: 8/12/2013
Seller: MICHAEL J MARTZ
Buyer, Buyer’s Address: BRANDON
JONES, 14068 BLUE RIVER TRL
Address: 14068 BLUE RIVER TRL,
BROOMFIELD
Price: $418000
Date Closed: 8/12/2013
Seller: TAYLOR MORRISON COLORADO INC
Buyer, Buyer’s Address: LORRAINE
M GOTTSCHALK, 14995 NIGHTHAWK LN
Address: 14995 NIGHTHAWK LN,
BROOMFIELD
Price: $645000
Date Closed: 8/12/2013
Seller: CHARLOTTE J MEISSNER
Buyer, Buyer’s Address: STEPHEN
C & LORRAINE D ALLEGAR, 16441
GRAYSTONE CT
Address: 16441 GRAYSTONE CT,
BROOMFIELD
Price: $540000
Date Closed: 8/12/2013
Seller: JAVIER MANTILLA
Buyer, Buyer’s Address: AARON RAY
& HILARY FAITH HICKMAN, 4856
RAVEN RUN
Address: 4856 RAVEN RUN,
BROOMFIELD
Price: $295000
Date Closed: 8/13/2013
Seller: KB HOME COLORADO INC
Buyer, Buyer’s Address: JASON &
DIANA M BRATTON, 11293 UPTOWN
AVE
Address: 11293 UPTOWN AVE,
BROOMFIELD
Price: $305000
Date Closed: 8/13/2013
Seller: PETER R & KIMBERLY J SUPSINSKAS
Buyer, Buyer’s Address: ROBERTA J
DAYAN, 12851 ROYAL CT
Address: 12851 ROYAL CT, BROOMFIELD
Price: $306000
Date Closed: 8/13/2013
Seller: SHAYLEN R KING
Buyer, Buyer’s Address: THUY THI
THANH & LAN NGUYEN, 3030 S
PRINCESS CIR
Address: 3030 S PRINCESS CIR,
BROOMFIELD
Price: $236000
Date Closed: 8/13/2013
Seller: CLIFFORD R FORD
Buyer, Buyer’s Address: GREGORY
S & RIKKI S NYE, 1050 OPAL ST
UNIT 103
Address: 1950 OPAL ST #103,
BROOMFIELD
Price: $114000
Date Closed: 8/13/2013
Seller: ALLISON R & GREG SHEWMAKER
Buyer, Buyer’s Address: ANDREW M
BOSIO, 13912 MEADOWBROOK DR
Address: 13912 MEADOWBROOK
DR, BROOMFIELD
Price: $500000
Date Closed: 8/14/2013
Seller: ADAM C & COURTNEY E
KARKKAINEN
Buyer, Buyer’s Address: ADAM C &
COURTNEY E KARKKAINEN, 1074
E 17TH AVE
Address: 1074 E 17TH AVE, BROOMFIELD
Price: $
Date Closed: 8/14/2013
Seller: DREW TIMMONS WILKINSON
Buyer, Buyer’s Address: BRIAN R
& BRIAN JERNIGAN, 925 W 7TH
AVENUE DR
Address: 925 W 7TH AVENUE DR,
BROOMFIELD
Price: $237500
Date Closed: 8/14/2013
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
BUSINESS
REPORT
RANK
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
|
21A
AUTO DEALERSHIPS
DEALERSHIPS
LIST AUTO
Company
(Dealerships ininBoulder
andand
Broomfield
counties
rankedranked
by number
of employees.*)
(Dealerships
Boulder
Broomfield
counties
by number
of employees.*)
Number of employees
Number of salespeople
Vehicles sold:2012
New 2012
Preowned 2012
Makes of vehicles sold
General manager
Year founded locally
Website
FLATIRONS IMPORTS INC.
5995 Arapahoe Road
Boulder, CO 80303
303-442-2544/303-402-5157
144
21
3,305
2,107
1,198
Acura, Subaru, Hyundai, preowned
Scott Crouch
1988
www.flatironsimports.com
SILL-TERHAR MOTORS INC.
150 Alter St.
Broomfield, CO 80020
303-469-1801/720-284-0791
141
44
3,624
1,795
1,829
Ford, Aston Martin, Jaguar, Volvo, Mazda, Lincoln, Mercury,
preowned, commercial fleet
Jack TerHar
Beau Smith
1960
www.sthmotors.com
LARRY H. MILLER TOYOTA BOULDER
2465 48th Court
Boulder, CO 80301
303-443-3250/303-786-9934
122
21
2,000
1,200
800
Toyota, Scion
Steve Doersam
1987
www.bouldertoyota.com
FISHER HONDA & KIA
6025 Arapahoe Road
Boulder, CO 80303
303-443-0530/303-998-6320
115
15
2,267
1,295
981
Honda- Kia- preowned/certified -Allstate Insurance Services
Craig Fisher
Lynn Fisher-Rickman
1973
www.fisherauto.com
GEBHARDT MOTORS
4740 Valmont Road
Boulder, CO 80301
303-447-8000 ext. 3/303-381-4114
108
30
N/A
N/A
N/A
BMW
Jim Gebhardt
1975
www.gebhardtauto.com
CENTURY CHEVROLET
6105 W. 120th Ave.
Broomfield, CO 80020
303-469-3355/303-465-5064
70
16
2,100
1,080
1,020
Chevrolet
Ray Jolly
1982
www.centurychevy.com
POLLARD FRIENDLY MOTOR CO.
2360 30th St.
Boulder, CO 80301
303-447-8187/303-449-0320
65
12
1,123
700
377
Wrangler Compass, Liberty, Patriot, Wrangler Unlimited
Jeeps, Grand Cherokee and Cherokee
James Pollard
Doug Pollard
1971
www.boulderjeep.com
KING CHEVROLET BUICK GMC
1415 Vista View Drive
Longmont, CO 80504
303-776-2650/303-532-8252
57
12
800
N/A
N/A
Buick,Chevrolet GMC
Rex King
1980
www.kinggm.com
PRESTIGE CHRYSLER DODGE JEEP INC.
200 Alpine St.
Longmont, CO 80501
303-651-3000/303-651-3004
52
12
1,092
541
551
Chrysler Dodge Jeep and Ram
Peter Vranjes
Roger Weibel
1988
www.prestigedodge.com
AUDI BOULDER
1799 Exposition Drive
Boulder, CO 80301
303-442-7007/303-442-7118
36
7
400
300
100
Audi, all makes and models preowned
Jaymie Hampson
1973
www.audiboulder.com
VALLEY CHRYSLER DODGE
2100 30th St.
Boulder, CO 80301
303-442-1687/303-381-7201
35
10
700
380
320
Chrysler, Dodge, Ram
William G. Grubich
1997
www.valleydodge.com
BOULDER NISSAN
2285 28th St.
Boulder, CO 80301
303-443-8110/303-444-5469
34
7
1,184
558
626
Nissan
Jason Purdum
Ted Christiano
2001
www.bouldernissan.com
LAND ROVER FLATIRONS
1500 E. Coalton Road
Superior, CO 80027
303-554-3000/720-304-2540
33
N/A
471
273
198
Land Rover
Ed Dobbs
1999
www.landroverflatirons.com
I-25 KIA
10168 E. Frontage Road
Longmont, CO 80504
303-532-8500
30
10
1,300
N/A
N/A
Kia, all makes of preowned
Clay Close
Scott Howell
Ron Volk
2007
www.i25kia.com
STEVINSON HYUNDAI OF LONGMONT
600 S. Main St.
Longmont, CO 80501
303-651-2623/303-651-6875
23
8
700
350
350
Hyundai
Dave Ambrozevitch
2002
www.stevinsonhyundaioflongmont.com
BLUE SPRUCE AUTO SALES
3200 28th St.
Boulder, CO 80301
303-938-0580
13
3
425
0
425
Used imports specializing in Subaru
Bart Caddell
1997
www.bluespruceauto.com
GUNBARREL IMPORT MOTORS INC.
PO Box 757
Niwot, CO 80544
303-652-3040/303-652-3066
10
1
120
10
110
Mercedes-Benz, Porsche, Audi, BMW, VW, Land Rover,
Volvo, Jaguar, Mini Cooper
Jon Jelosek
1984
www.gunbarrelmotors.com
SMOOTH MOTORS INC.
1855 Folsom St.
Boulder, CO 80302
303-444-3213/303-402-9709
3
2
N/A
N/A
N/A
All makes used
Andrew Celani
1984
www.smoothmotors.com
MCCARTY MOTORS
1331 Main St.
Longmont, CO 80501
303-772-6803/303-772-7629
1
1
N/A
N/A
N/A
Select mix of used SUVs, trucks, vans and specialty cars.
Del Knouse
1997
www.coloradotrucks.com
N/A
N/A
N/A
N/A
N/A
Cadillac, Buick, GMC truck, preowned
Mark McCaddon
1958
www.mccaddon.com
MCCADDON CADILLAC BUICK GMC
2460 48th St.
Boulder, CO 80306
303-442-3160/303-442-4409
Researched by Mariah Tauer
N/A: Not available. *Second ranking criterion is total number of vehicles sold.
Source: Business Report Survey
22A
|
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
BUSINESS DIGEST
BRIEFS
Boulder-based Main Street Power Co. Inc.,
in partnership with MS Solar Solutions Corp.,
a wholly-owned subsidiary of Morgan Stanley,
has started construction on rooftop solar arrays for two schools in Connecticut’s Bridgeport
public schools district. The two PK-8 schools
are Cesar A. Batalla and Blackham, with solar
arrays sized at 217 kilowatts and 90 kilowatts,
respectively. Cesar A. Batalla will see 10 percent
of its electricity needs supplied by the solar panels, and Blackham’s panels will supply an estimated 13 percent of its electricity demand.
Virginia-based Exelis Inc. has built a telescope, sensor and shortwave infrared system for Longmont-based DigitalGlobe Inc.’s
WorldView-3 satellite, which is scheduled to
launch in 2014. DigitalGlobe Inc. (NYSE: DGI)
will use the satellite to collect digital images for
customers. Boulder-based Ball Aerospace and
Technologies Corp. is building the satellite for
DigitalGlobe.
Researchers at Boulder-based Nanoly
Bioscience Inc. are developing a nanopolymer material that can keep vaccines
cold, after signing a license option agreement with the University of Colorado. Financial terms of the agreement were not
disclosed. The company was started by
CU-Boulder researchers. The nano-polymer material can be blended with vac-
cines to protect against thermal damage
during transportation. It was developed
by a research team led by Kristi Anseth,
a CU-Boulder distinguished professor in
the chemical and biological engineering
department, and the BioFrontiers Institute.
Louisville-based Gaiam Inc. (Nasdaq: GAIA)
has sold $2 million worth of its stock in Real
Goods Solar Inc., a solar-energy system installation company. Representatives of Louisville-based Gaiam Inc. created Gaiam Energy
Tech in 1999 as the company’s solar division.
That company became Real Goods Solar
when it went public in 2008. Gaiam sold 1
million shares at $2 per share. It continues to
own 3,044,611 shares of Real Goods (Nasdaq:
RSOL).
The unemployment rates in Boulder and
Broomfield counties dropped for the second
month in a row, according to the Colorado
Department of Labor and Employment. Boulder County’s rate dropped from 5.4 percent in
July to 5.1 percent in August – one percentage
point lower than the same month a year ago.
The county had 172,359 people employed and
9,273 looking for work. Broomfield County’s
rate dropped from 6.3 percent in July to 6.0
percent in August, also a full point lower than
a year ago. Broomfield had 30,352 people employed and 1,925 looking for work. The state’s
unemployment also showed improvement
from a year ago, going from 8.0 percent in July
to 7.0 percent in August. Colorado’s rate in July
was 7.1 percent. The national unemployment
rate declined from 8.1 percent a year ago to 7.3
percent in August.
GRANTS
University of Colorado-Boulder professor Alan
Weimer and his research team have been
awarded a three-year, $3.6 million grant from
the Energy Department’s Advanced Research
Projects Agency to develop a new process to
produce magnesium that can be used to make
lightweight vehicle parts. The team will use the
grant to develop a new gasification process
that uses concentrated solar power to produce
both magnesium and synthesis gas, or syngas,
a precursor for synthetic gasoline. The procedure includes a novel cooling process to enable a gas-to-solid magnesium phase change
inside of the reactor.
MERGERS & ACQUISITIONS
Assets of the mobile device marketing company MeNetwork Inc. in Boulder were bought
by mobile-payment company Spindle Inc.
(OTCBB: SPDL) in Scottsdale, Arizona, in an
all-stock transaction worth at least $10.5 million, according to a U.S. Securities and Exchange Commission document. Spindle’s
stock price was $3 for the transaction, according to the document. While the transaction closed in March, specific purchase figures
NONPROFIT NETWORK
BRIEFS
Boulder-based Rudi’s Organic Bakery was
an official sponsor of Farm Aid 2013 held Saturday, Sept. 21, at Saratoga Performing Arts
Center in Saratoga Springs, New York.
FUNDRAISERS
Barlow’s Premium Cigars and Pipes will host a
free concert to raise funds for the Colorado flood
relief effort from 2 to8 p.m., Sunday, Sept. 29, in
the Atlas Valley Shopping Center, 2770 Arapahoe
Road, Lafayette. Music, food, children’s activities, food and clothing donation center. Proceeds
will benefit the food banks of Boulder, Weld and
Larimer counties and their associated humane
societies. Donations will be accepted by the
Lafayette Fire Department in a “Pass the Boot”
FLOOD
campaign and a booth will be provided to accept
formal donations to the relief effort. All donations
will be tax deductible through a 501-c(3).
The Third Annual Longmont Legends awards
celebration will be from 4 to 7 p.m., Monday,
Sept. 30, at Left Hand Brewing, 1265 Boston
Ave., Longmont. Live music from the Deciders,
KT’s BBQ, Left Hand brews, kids activities, a
cupcake truck and more. Silent auction and
ticket sales benefit Boulder County CareConnect, a nonprofit serving Longmont’s seniors
in need and adults with disabilities for more
than 40 years. Tickets are $15 in advance and
$20 at the door. Kids under 12 are free. Tickets
available online at www.careconnectbc.org or
by calling 303-443-1933.
The second annual A Red Carpet Adventure
fundraiser for nonprofit There With Care event
will be from 5 to 9 p.m., Monday, Sept. 30, at the
Boulder Theater, 2032 14th St., Boulder. Variety
show and full-course gourmet dinner. Host is
Cheech Marin. Proceeds will benefit There With
Care, a nonprofit organization that provides services to families during the critical phase of their
child’s medical crisis. Cost is $75. Register online at http://therewithcare.org/redcarpet/.
The Leukemia & Lymphoma Society’s Light
The Night Walk, an annual evening walk that
celebrates and commemorates lives touched
by cancer, will be from 5:30 to 8:30 p.m. Monday, Sept. 30, at Farrand Field on the University of Colorado-Boulder campus. Festivities
were not made public until the Sept. 3 SEC
document.
Vancouver, Washington-based Kuni Automotive closed on a deal to purchase Stammler
Audi in Boulder for an undisclosed sum. The
dealership at 1799 Exposition Drive, the name
of which has been changed to Audi Boulder,
was opened by Adolf Stammler in 1973. Stammler, who is retiring, still is working with the
dealership to help new president and general
manager Jaymie Hampson through the transition. Hampson, who has an ownership stake
in the store with Kuni, moved to Boulder from
Portland, Oregon, where she was director at a
Kuni BMW dealership there.
Colorado Springs-based Springs Fabrication
Inc. bought most assets of IP Systems Inc. in
Broomfield for $225,000. IP Systems is a manufacturer of specialized nuclear containment
systems. IP Systems and its employees are
expected to remain in Broomfield, according to
a press release about the transaction. Springs
Fabrication is a metal manufacturing firm.
Deadline to submit items for Business Digest
is three weeks prior to publication of each biweekly issue. Mail to Editor, Boulder County
Business Report, 3180 Sterling Circle, Suite
201, Boulder, CO 80301-2338; fax to 303-4408954; or email to [email protected] with Business Digest in the subject line. Photos submitted will not be returned.
include live music, food, and fun activities for
the whole family. The walk will begin around
7:30. Walkers are encouraged to become
Champions For Cures by raising $100 or more.
All Champions For Cures will receive an illuminated balloon, a T-shirt and access to the food
court. Cancer survivors will received these
benefits regardless of their fundraising totals.
More information at www.lightthenight.org/rm/.
The Harvest Farm Dinner, a fundraiser for the
Safehouse Progressive Alliance for Nonviolence, will be from 5:30 to 9 p.m., Friday, Oct.
4, at Pastures of Plenty Farm, 4039 Ogallala
Road, Boulder. Cost is $80. Register online at
http://bit.ly/1cUCD3Z or call 303-449-8623.
from 10A
period. Lyons, cut off by flooding
of the St. Vrain, received about 10
inches.
Most of the rain fell over the
course of about 72 hours late in the
week of Sept. 9.
The rain saturated the ground and
caused standing water in places not
accustomed to flooding. It caused
rivers such as the St. Vrain and Boulder and Left Hand creeks to rush
down mountain canyons onto the
plains, overflowing and even bursting through their banks in places,
flooding some areas that weren’t even
located in flood plains.
For a couple of days at the height
of the flooding, Longmont was cut in
half by the overflowed St. Vrain and
Left Hand. Lyons, meanwhile, was
completely isolated because roads
into town were flooded or wiped out.
Road damage
Damage to roads is staggering.
Colorado Department of Transportation spokeswoman Amy Ford
said 40 percent of U.S. Highway 36
between Boulder and Estes Park is
a total loss. Colorado Highway 72
in Coal Creek Canyon is 50 percent
destroyed. Colorado 119 up Boul-
der Canyon is 20 percent gone. To
the north, in Larimer County, U.S.
34 along the Big Thompson River
from Estes Park to Loveland is 85
percent destroyed.
Statewide, 200 lane miles of
state highways and roads were
wiped out. Thirty bridges were
destroyed and at least another 20
damaged.
The U.S. Department of Transportation so far has made $35 million in emergency relief funds available to repair roads and bridges, and
its early road and bridge damage
cost estimates in the state totaled
$152 million. The true price tag is
likely to be much higher.
Boulder County’s preliminary
estimate on damage to roads and
bridges came out to $89.9 million.
In his letter to Congress, Hickenlooper asked that the amount of
Emergency Relief Program funding available through the Federal
Highways Administration be raised
for Colorado – from its normal cap
of $100 million per disaster to a
cap of $500 million, as it was for
states affected by Hurricane Sandy.
C h ip Pau lson, a pr i ncipa l
engineer with MWH Global in
Broomfield and a stormwater infrastructure expert, said one reason
the damage in many areas of the
county was so severe is that many
facilities such as urban parks or
subdivisions – and even some roads
– are designed only to withstand
10- or 25-year weather events,
not 100-year floods or 1,000-year
rains such as what occurred. The
expense is too high, he said, to gird
every facility for the worst.
“The magnitude of the event
probably exceeded the design standards for many of those structures,”
Paulson said.
Official estimates of the damage
done are still being tabulated by
state and local agencies, although
the amount is likely to reach into
the billions of dollars.
The Federal Emergency Management Agency has opened disaster relief centers up and down the
Front Range to help individuals and
businesses cope with the damage.
Of the 17 counties reporting
flood damage, nine – Adams, Arapahoe, Boulder, Clear Creek, El
Paso, Jefferson, Larimer, Logan and
Weld – have been declared eligible
for FEMA assistance.
In those counties as of Sept. 23,
more than 16,800 households had
registered for FEMA assistance,
and the agency so far had approved
more than $22 million in assistance.
The Small Business Administration, which offers disaster recovery
loans for businesses and individuals, had issued 3,700 applications
to businesses and nonprofit organizations that had been either FEMA
referrals or had met with the SBA
in person at a disaster recovery
center.
Local government agencies
also have done what they can to
help ease the burden of repairs.
In Boulder and Longmont, the
building permit process for certain flood-related repairs has been
sped up. Boulder created a special
permit for such repairs that is free
of charge, and the Longmont City
Council was to discuss taking a
similar measure at its Sept. 24
meeting.
"We understand there's quite
a bit of rebuilding that needs to
occur,” said Boulder spokeswoman
Sarah Huntley, “and we want to aid
residences and businesses in that."
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
|
23A
ON THE JOB
ACCOUNTING
Anton
Hekkert
Gary Mitchell, managing partner of Denver-based accounting
and consulting firm
Anton Collins Mitchell
LLP, which has an
office in Boulder, will
step down Oct. 1 after
31 years at the helm,
but he will remain in
Mitchell
a client service role.
ACM named two
partners to lead the firm: Greg Anton as chief
executive and chairman, and Stacey Hekkert
as managing partner and president.
ARCHITECTURE, CONSTRUCTION
Bartling
Goffhelf
Design Concepts, a community and landscape
architecture firm in Lafayette, promoted Robyn
Bartling to associate. The company also hired
William Goffhelf as landscape architect and
project manager. It also hired four landscape
designers: Jennifer Gee, Adrienne Burton,
Andrew Patton and Andrew Vieth.
Corp. appointed Mike Matthews, Wells Fargo’s area business banking manager for Colorado to a two-year term as a co-chairman of
its executive committee. He joins existing cochairman Bain J. Farris, president and chief
executive of Exempla Saint Joseph Hospital.
BANKING, FINANCE
Ryan Holocher joined Louisville-based Trailhead
Wealth Management LLC. He earned a bachelor’s degree in business administration with an
emphasis on financing and marketing from Colorado Christian University in Lakewood.
ENGINEERING
Julie Labonte is joining Broomfield-based
MWH Global as vice president and director of
program management for the Americas. She
is currently the director of the San Francisco
Public Utility Commission’s Water System Improvement Program.
Boulder-based Welch Financial Planning LLC
hired Kristen DePaepe as a property and casualty agent focused on home and auto. DePaepe previously worked for the University of
Colorado athletic department.
David Besch joined AMG National Trust Bank
in Boulder as a vice
president and commercial banker, working out of AMG’s
office in Boulder. He
has 18 years of experience in banking
and finance, and he
earned a master’s
degree in business
administration from Besch
Colorado State University.
M. Elizabeth Brandt of Boulder-based Investors Independent Trust Co. received the CTFA
designation, which is awarded for demonstrating excellence in fiduciary and trust activities,
financial planning, tax law and planning, investment management and ethics. She is also
a member of the Boulder County Estate Planning Council.
ECONOMIC DEVELOPMENT
The Metro Denver Economic Development
GOVERNMENT
Betsey Martens, executive director of Boulder Housing Partners, will step down as president of the National Association of Housing
and Redevelopment Officials following her
two-year term Oct. 26. NAHRO is the nation’s
oldest and largest professional association
for organizations working to create affordable
housing. As NAHRO’s president, Martens
represented the organization in a variety of
settings - including congressional testimony,
meetings with the HUD secretary and the
United Nations.
HIGH TECH
Boulder-based Splick-it Inc. added David
Hoover, former chief executive of Ball Corp.;
Jeff Potter, former CEO of Frontier Airlines;
and Vijay Bangaru, CEO of Splick-it, to its
board of directors. All board members are investors in Splick-it. Potter is taking on the task
of opening new markets and business development.
HOSPITALITY, RECREATION
The Auguste Escoffier School of Culinary Arts,
based in Boulder and Austin, Texas, appointed
Jean-Claude Cavalera as its newest chef instructor. Cavalera has more than 39 years of
executive level culinary and restaurant-management experience. Cavalera is a graduate
from the Culinary School of Nice, France, and
CALENDAR
OCTOBER
The Boulder Small Business Development
Center presents the workshop Business
Plan Essentials from 6 to 9 p.m., Tuesday, Oct.
1, at the center’s satellite office at 528 Main
St., Longmont. Diana Royce Smith and Tron
Welch offer information on completing or refining a business plan emphasizing understanding markets and developing financials. Cost is
$45, $35 for members of Boulder chamber of
commerce. Free to current or prospective city
of Longmont businesses. Register online at
www.bouldersbdc.com or call Rachel Garcia,
303-442-1475, ext. 2.
1
2
The Boulder Small Business Development Center presents the workshop Social Media Essentials from 11 a.m. to 2 p.m.,
Wednesday, Oct. 2, at the center’s main office,
2440 Pearl St., Boulder. Susan Tucker of Get
Susan Marketing will explain the difference
between the top four social media channels
(Facebook, Twitter, LinkedIn and Pinterest),
how to set up accounts and optimize them
for success. Cost is $45, $35 for members of
Boulder or Longmont chambers of commerce.
Register online at www.bouldersbdc.com or
call Rachel Garcia, 303-442-1475, ext. 2.
3
The Louisville Chamber of Commerce
hosts a business luncheon State of the
City, from noon to 1 p.m., Thursday, Oct. 3,
at the Louisville Public Library, 951 Spruce
St., Louisville. City manager Malcolm Fleming
presents information on flood damage in Louisville and the 2014 city budget. Cost is $10
for members, $145 for nonmembers. R.S.V.P.
by Oct. 1 online at info@louisvillechamber.
com.
8
The Boulder Small Business Development
Center presents the workshop Effective
Strategy Execution from 8:30 to 11:30 a.m.,
Tuesday, Oct. 8, at the center’s main office,
2440 Pearl St. Boulder. Mike Loughrin of Transformance Advisors covers key aspects of strategy development and execution for small- and
medium-size businesses. Cost is $45, $35 for
members of Boulder or Longmont chambers
of commerce. Register online at www.boul-
AWARDS
The Boulder-based Innovation Center of the
Rockies, an entrepreneurial support organization, received a national award of excellence
from the State Science & Technology Institute
for work in commercializing university research
in the Rocky Mountain region. The Innovation
Center joined fellow organizations in Portland,
where SSTI named six winners in separate categories, citing them as national models for states
and regions investing in science, technology and
innovation to grow their economies and create
high-paying jobs. The 2013 TBED Awards (Technology-based Economic Development) recognize creative use of resources and public-private
support spurring entrepreneurial activity.
Attorney Linda L. Siderius of Caplan and Ear-
nest LLC in Boulder was included in the 2014
edition of “The Best Lawyers in America” for
administrative, regulatory and health-care law.
The Creative Alliance, a public relations and advertising agency in Lafayette, received an American
Graphic Design Award from GD USA Magazine for
design work on behalf of its clients Tempus Aircraft
Sales and Service and SpaEquip. The Creative Alliance designed the “Time as Your Ally” ad for Tempus Aircraft Sales and Service. With the company’s
name (Tempus is Latin for “time”) as the inspiration,
the ad addressed the theme of time as it relates
to private air travel. The ads appeared in aviation
industry publications as well as trade show guides.
For SpaEquip, The Creative Alliance designed a
small flip book with relaxing images of sand
dersbdc.com or call Rachel Garcia, 303- 4421475, ext. 2.
10
CO-LABS presents the 2013 Governor’s Award for High-Impact Research awards ceremony from 5:30 to 7:30
p.m., Thursday, Oct. 10, at the Jennie Smoly
Caruthers Biotechnology Building, University of Colorado-Boulder, 3415 Colorado Ave.,
Boulder, ceremony and reception celebrates
the achievements of outstanding researchers
from Colorado’s federal labs. Networking with
appetizers and drinks. Cost is $45. Registration deadline is Oct. 9. Register online at www.
co-labs.org.
16
The Longmont Area Economic Council
presents a 2014 Economic Forecast
presented by economist Richard Wobbekind
from the University of Colorado-Boulder from
7:30 to 9 a.m., Wednesday, Oct. 16, at the Plaza Contention Center, 1850 Industrial Circle,
Longmont. Cost is $25 per person/corporate
table of eight, $175. To register, call 303-6510128 or email [email protected].
began his career as the executive chef of The
Ritz Carlton Hotel. Following his career at The
Ritz Carlton, Cavalera owned Caroline’s Cuisine in Grand Lake. Most recently, he served
as executive chef of Warwick Denver Hotel.
He is a member of the American Culinary Federation, Chaine des Rotisseurs and Les Amis
d’Escoffier.
INSURANCE
Jim Holder has rejoined Connecticut-based
health-insurance firm Cigna as vice president
of sales for the mountain states region, which
includes Colorado, New Mexico, Utah and
Wyoming. Holder, who started his career at
Cigna where he held a variety of sales and
sales leadership positions for 17 years, will
work from an office in Greenwood Village.
Prior to rejoining Cigna, Holder served as a
consultant for a West Coast employee benefits broker and served as executive vice president of business development and strategy
for an early stage software company, where
he focused on providing hospitals with strategic business intelligence and cost accounting
software.
SPORTS/OUTDOORS
Boulder-based Newton Running named Tom
Curran director of sales, specialty running.
Curran began working for Newton as a regional account manager in 2008, He will focus on
developing and leading the sales team. Also,
Kirk Nichols will move into the role of vice
president, sales operations, and former chief
operating officer Stephen Gartside is returning to the executive team as vice president of
special projects.
Deadline to submit items for On the Job is three
weeks prior to publication of each biweekly issue. Mail to Editor, Boulder County Business
Report, 3180 Sterling Circle, Suite 201, Boulder, CO 80301; fax to 303-440-8954; or email
to [email protected] with On the Job in the subject line. Photos submitted will not be returned.
28
The Boulder Chamber will present Esprit Entrepreneur Monday and Tuesday, Oct. 28-29, at the St Julien Hotel and Spa,
900 Walnut St. Boulder. For more information,
go online at www.boulderchamber.com.
NOVEMBER
The Boulder County Business Report
will present Pulse: the State of Health
Care from 7:30 to 11:30 a.m., Tuesday, Nov.
12, at the Plaza Convention Center, 1850 Industrial Circle, Longmont. Panel discussions
plus keynote speaker Michael Slubowski,
president and CEO of SCL Health System.
Cost is $39, includes continental breakfast.
Tickets available online at www.bcbr.com.
12
Deadline for Calendar items is three weeks prior to publication. The weekly events calendar
alternates with the monthly events calendars;
each appears once every other issue. Mail Calendar items to Calendar, Boulder County Business Report, 3180 Sterling Circle, Suite 201,
Boulder, CO 80301-2338 or [email protected]
with Calendar as subject.
PRODUCT UPDATE
Boulder-based XetaWave LLC, a wireless
technology provider, launched the Xeta9xEmancipator series of software defined 900
megahertz radios, and the patent-pending
Xeta9-INS, which enables XetaWave radios to
coexist with non-XetaWave radios in a single,
integrated network. The Xeta9x-Emancipator
series offers Ethernet connectivity with data
rates of 9.6 kilobits per second to 2.6 megabits per second over multiple bands. The serial
version of the Xeta9x-Emancipator series can
support up to 921.6 kBaud throughput over
multiple bands for less than $320 in quantity.
Louisville-based Boulder Imaging LLC
launched three products showcasing technology for metrology, surface inspection and digi-
tal recording. The SCL Series offers advanced
surface inspection in a fully automated computer-based defect classification system for
automotive and performance coatings. SCL
systems are capable of processing coated or
uncoated panels of various sizes from 4 inches
by 12 inches to 24 inches by 24 inches.
Boulder-based SpotRight Inc., a social data
company, introduced a social measurement
tool that allows marketers to tune into real-time
social data, such as tweets, social comments
and engagements of specific groups of consumers - whether they be existing customers, targeted customers or the customers of
a brand’s competitors. The new solution connects directly with brands’ CRM data.
24A
|
Sept. 27 - Oct. 10, 2013
BOULDER VALLEY REAL ESTATE WATCH
BOULDER COUNTY BUSINESS REPORT
WWW.BCBR.COM
EXISTING HOME SALES
August 2013 Statistics
Location
Total#
Sold
Inventory
Avg.
Sales
Price
Avg.
Days to
Contract
Boulder
Broomfield
Erie
Lafayette
Longmont
Louisville
Superior
Mountains
Plains
Total
93
47
32
32
113
29
15
41
48
450
265
91
120
74
312
56
33
339
212
1,502
$705,854
$412,648
$355,593
$422,061
$294,845
$474,426
$488,627
$451,693
$682,697
33
23
29
23
32
44
13
85
52
Year-to-Year Comparison
Median
Sales
Price
$591,300
$420,000
$329,950
$355,000
$266,000
$450,000
$490,000
$402,500
$531,250
Total # Sold
Location
08/01/11 - 08/01/12
07/31/12 07/31/13
Boulder
731
Broomfield 396
Erie
287
Lafayette
294
Longmont 926
Louisville
230
Superior
134
Mountains 276
Plains
371
Total
3,645
806
395
392
316
1095
235
152
327
419
4,137
Average Sales Price
%chg
10.3
(0.3)
36.6
7.5
18.3
2.2
13.4
18.5
12.9
08/01/11 07/31/12
08/01/12
07/31/13
%chg
Average Days to Contract
Location
08/01/11 08/01/12 %chg
07/31/12 07/31/13
Median Sales Price
08/01/11
08/01/12
07/31/12
07/31/13
%chg
$664,817
$359,170
$336,920
$383,934
$256,522
$421,705
$420,827
$405,552
$615,453
$719,396
$386,593
$372,238
$401,909
$271,325
$474,889
$445,994
$441,132
$661,923
8.2
7.6
10.5
4.7
5.8
12.6
6.0
8.8
7.6
Boulder
Broomfield
Erie
Lafayette
Longmont
Louisville
Superior
Mountains
Plains
$570,000
$326,400
$325,000
$357,500
$230,000
$385,000
$390,950
$341,500
$470,000
8.8
5.7
4.6
3.6
8.3
10.5
9.6
5.1
8.5
80
70
70
77
68
60
45
126
96
48
49
54
43
47
41
33
129
71
(40.0)
(30.0)
(22.9)
(44.2)
(30.9)
(31.7)
(26.7)
2.4
(26.0)
$619,950
$345,000
$340,000
$370,315
$249,000
$425,500
$428,500
$359,000
$510,000
EXISTING CONDO SALES
August 2013 Statistics
Location
Total#
Sold
)Boulder
Broomfield
Erie
Lafayette
Longmont
Louisville
Superior
Mountains
Plains
Total
90
13
3
23
33
6
5
0
7
180
Inventory
192
28
10
24
64
13
7
1
17
356
Avg.
Sales
Price
Avg.
Days to
Contract
$362,055
$223,885
$181,633
$222,697
$180,666
$212,917
$240,880
0
$254,886
56
76
9
18
34
34
29
0
55
Year-to-Year Comparison
Median
Sales
Price
$292,000
$212,000
$173,000
$227,500
$167,900
$173,000
245500
0
$172,500
Total # Sold
Location
08/01/11 08/01/12
07/31/12 07/31/13
Boulder
642
Broomfield 75
Erie
25
Lafayette
95
Longmont 216
Louisville
35
Superior
30
Mountains
2
Plains
82
Total
1,202
717
104
35
116
227
58
30
4
101
1,392
Average Sales Price
%chg
11.7
38.7
40.0
22.1
5.1
65.7
0.0
100
23.2
08/01/11
07/31/12
08/01/12
07/31/13
%chg
Average Days to Contract
Location
08/01/11 08/01/12 %chg
07/31/12 07/31/13
Median Sales Price
08/01/11
08/01/12
07/31/12
07/31/13
%chg
$304,133
$230,717
$186,183
$196,822
$182,369
$230,355
$209,859
$178,450
$191,972
$314,615
$218,141
$167,800
$205,391
$190,184
$255,377
$207,168
$323,625
$212,183
3.4
(5.5)
(9.9)
4.4
4.3
10.9
(1.3)
81.4
10.5
Boulder
Broomfield
Erie
Lafayette
Longmont
Louisville
Superior
Mountains
Plains
$250,000
$237,000
$134,500
$209,500
$164,000
$204,000
$182,000
$178,450
$162,497
4.0
(14.6)
11.5
(2.1)
11.3
9.8
6.7
89.1
6.3
144
146
85
81
92
87
54
98
83
56
62
57
48
50
37
31
85
55
(61.1)
(57.5)
(32.9)
(40.7)
(45.7)
(57.5)
(42.6)
(13.3)
(33.7)
$260,000
$202,500
$150,000
$205,000
$182,500
$223,950
$194,250
$337,500
$172,800
For more information contact: Kenneth Hotard 303.442.3585 • [email protected] Datasource: IRES-Information Real Estate Services
Software, skiwear coming to Pearl East
BOULDER – Businesses in the
Pearl East Business Park will gain a
couple of new neighbors this fall with
the move of Symplified Inc. from
downtown and the opening of a marketing office and showroom by Swiss
skiwear manufacturer Kjus.
Symplified, a provider of cloud
security software in the identity and
access-management realm, is leaving
its roughly 9,000-square-foot space
on the second floor at 1600 Pearl St.
and is moving into 8,055 square feet
at 4900 Pearl East Circle, No. 108.
Nate Litsey and Chad Henry of
W.W. Reynolds Cos., represented
the landlord in the Symplified lease
deal, while Marty Knape and Alex
Hammerstein of CBRE represented
the tenant.
Symplified chief executive Shayne
Higdon said the goal is to move in
mid-October.
Despite the smaller space, Higdon
said Symplified is in expansion mode,
adding more than 30 employees since
the first of the year as it rolled out a
couple of new products and partnerships.
Higdon, who has been CEO for
about a year, said recent employee
surveys uncovered a desire for things
such as showers and access to the
outdoors to help accommodate many
employees’ active lifestyles. The new
space will add such amenities, including a roll-up glass garage door employees can open to barbecue or play
basketball.
“I wanted to put our money where
our mouth is and give the employees
what they want,” Higdon said.
Another factor in the move was
the expansion of the building at 1600
Pearl, where Boulder Brands Inc. will
move into a newly
added third story
once it is complete. The addition of the third
story meant Symplified lost about
1,000 square feet
of its space to
make way for an
REAL ESTATE
elevator and stairJoshua Lindenstein
case.
While Higdon acknowledged the
prime downtown location Symplified
is leaving, he said the new digs will be
more open than its spot now.
Cloud storage provider SolidFire
Inc., which shares the second floor
of 1600 Pearl with Symplified, will
expand into the space Symplified is
leaving, SolidFire director of finance
Derek Kraus confirmed, adding that
the company had no other comment
on the expansion at this time.
For Kjus, a subsidiary of LK International AG, its new East Boulder
office gives the company a Rocky
Mountain region presence in a town
where plenty of other outdoor-apparel companies have put down roots.
Kjus, a subsidiary of LK International AG, leased 4,238 square feet at
4940 Pearl East Circle, No. 300, with
a goal of moving in by Dec. 1. Henry
and Litsey served as listing brokers in
the transaction while Kjus was represented internally.
“Those are both great deals for the
(business) park and for East Boulder,”
Henry said.
PEARL PLACE AMPHITHEATER: A 400-seat amphitheater is
part of the concept plan submitted
to the city of Boulder by developers
of the proposed Pearl Place redevelopment project near 30th and Pearl
streets.
Denver developers Dan Otis and
Darren Fisk bought three parcels of
land earlier this summer for $11.2
million, and recently closed on a
fourth, purchasing 2121 30th St.,
from Twenty One Twenty One LLC
for $1 million. The four parcels total
4.33 acres and wrap around Chase
Bank at the southwest corner of 30th
and Pearl. The parcels are home to a
couple of strip malls, as well as D&K
Printing and the Woodsongs music
store.
In addition to the landscaped
amphitheater that sits next to an
irrigation ditch that runs through
the site, the concept plan proposes
a pair of four-story office buildings
totaling 202,500 square feet, 6,000
square feet of retail space and an
83,500-square-foot, 120-room hotel.
The concept plan is scheduled to
go before the planning board during
a public hearing Oct. 24.
ALEX AND ANI: Alex and Ani
LLC, a jewelry store chain based in
Rhode Island, has leased 1,055 square
feet at 1505 Pearl St., Unit 104, for a
retail location.
The owner of the space is 1505
Commercial LLC. Way Cool Properties’ John Koval, a partner in 1505
Commercial, represented the landlord, while Joe Pierik with Carpionato
Group represented the tenant in the
deal.
Alex and Ani will occupy the space
vacated by Atlas Purveyors coffee
shop in July. Koval said he expects
Alex and Ani to open by late fall or
early winter.
The deal follows another across
town for Koval, who represented
Steel Yards LLC in the leasing of
2,300 square feet of space at 2500
30th St., to Fresh Thymes Eatery
LLC, a take-out marketplace and café
that opened in late August.
BROOMFIELD
NORTH PARK SCHOOL: New
projects are starting to roll in for
McWhinney Real Estate Services Inc.,
at its 935-acre North Park development in northeast Broomfield.
Jay Hardy, McWhinney’s general
manager for North Park, said Prospect
Ridge Academy, a charter school that
opened last year at 2555 Preble Creek
Parkway with classes for kindergarten
through eighth grade, is slated to
break ground on a high school Nov. 1.
The news came a little more than
a week after satellite imaging company DigitalGlobe Inc. (NYSE: DGI)
➤ See Real Estate, 25A
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
REAL ESTATE
25A
from 24A
announced that it would be moving
its headquarters from Longmont to
the North Park development by 2015.
The new high school, slated to open
in August, will sit on a 10-acre parcel
just northeast of the K-8 school. DLR
Group Inc. of Denver is serving as
architect, and JHL Constructors Inc.
of Centennial will be the contractor
for the 49,000-square-foot, $8 million project.
XETAWAVE MOVING: Wireless
technology provider XetaWave LLC
plans to relocate from Boulder to
Broomfield and bring the manufacturing of its radios in house by the end
of the year, thanks in part to a $7 million investment from several sources.
XetaWave, whose 24 employees
are based in a 4,000-square-foot
space at 1668 Valtec Drive, is moving into a 24,000-square-foot space at
100 Technology Drive in Broomfield’s
Interlocken area.
XetaWave produces radios that
transmit data from field operations
for industries such as oil and gas, wind
energy and the military.
DENVER
RE/MAX IPO: Re/Max Holdings
Inc. has launched an initial public
offering worth up to $214 million.
The Denver-based real estate company said it would offer 10 million
FISH
|
their ThermaLuxe stainless steel
bottle.
IN BOULDER,
Re/Max of Boulder Inc., 2425 Canyon Blvd., was the largest
residential real estate brokerage in the country by sales volume in 2012, reporting $695 million in sales.
shares of stock for a price of $19 to
$21. The company plans to use proceeds to buy back regional Re/Max
franchise rights in certain markets.
The company said it also planned to
repurchase ownership stakes from
existing shareholders.
In Boulder, Re/Max of Boulder
Inc., 2425 Canyon Blvd., was the
largest residential real estate brokerage in the country by sales volume in
2012, reporting $695 million in sales.
Re/Max of Boulder opened a second
office at 1320 Pearl St. in April, which
operates together with the Canyon
Boulevard location but is considered
a separate franchise. Re/Max has several other office franchises in Boulder
and Broomfield counties.
Re/Max plans to trade its stock on
the New York Stock Exchange under
the ticker symbol RMAX.
GUNBARREL
POLAR EXPANSION: Product
Architects Inc., makers of Polar Bot-
tle insulated sport water bottles, is
doubling its space with a move to
Gunbarrel.
The company has leased 32,000
square feet of space at 4601 Nautilus
Court., in the Twin Lakes area off
63rd Street. President and co-founder
Judy Amabile said in an email that the
company intends to be moved in by
the end of December.
Product Architects has 15,000
square feet at 5637 Arapahoe Ave.
The company employs 47 full-time
employees in addition to about a
dozen temporary employees.
“We’ve run out of space here,”
company spokeswoman Adeline Bash
said. “I think it’s safe to say based on
the sales we had last year we’re hoping
for substantial growth.”
T he privately-held company
doesn’t disclose revenues. But Bash
said a chunk of the growth of the
company is due to the introduction
this year of a pair of new product
lines, their Ergo lifestyle bottle and
SUPERIOR
ROGERS LAND SELLS: Boulder
developer Jim Chanin announced
that Second Avenue Superior Properties LLC has purchased a 12.9-acre
piece of land in Superior for $1.1
million from the estate of the late
Charlene Flo Rogers.
The plan for the property is a residential development, the makeup
and timeline of which are still up in
the air.
Second Avenue Superior Properties is the entity formed by Chanin
and an undisclosed California-based
capital group to buy and develop the
parcel, which includes a one-story
farmhouse and outbuildings. Chanin,
of Chanin Development, will serve
as acting manager and developer for
the project.
The land, at 300 Second Ave.,
sits just west of McCaslin Boulevard, across from the Superior Town
Center development, which received
approval from the Superior Trustees
this summer. Chanin said he’s waiting to also see what might mesh well
densitywise with what is planned at
Superior Town Center.
Joshua Lindenstein can be reached at
303-630-1943 or [email protected].
from 3A
work set up an aquaponics system in
his basement, and when I saw it, I was
stunned at the plant growth from fish
wastewater in an aquarium.”
Soon after realizing that the
process was more doable than she
thought, Sylvia left AeroGrow to
start Aquaponic Source and make
the technique available to home and
school gardeners. She focuses on a
consumer market rather than a commercial market.
Aquaponics is thought to date back
to the Aztec Indians in approximately
1000 A.D. One of the first large scale
commercial operations was established in the mid-1980s, and homebased aquaponics systems took hold
in the early 1990s.
In 2011, Sylvia published “Aquaponic Gardening: A Step-By-Step Guide to
Raising Vegetables and Fish Together.”
The book has sold 40,000 copies.
She also runs an aquaponics forum
through the company website. Even
though the aquaponic industry is small,
maybe 15,000 people in North America and another 15,000 in Australia,
according to Sylvia, the forum is read
by about 11,000.
Aquaponic gardening can be set up
in an aquarium as small as 10 gallons
but bigger tanks tend to be more stable.
Ninety to 100 gallons is a good size to
be able to grow edible fish to plate size.
For every pound of fish, five to 10
gallons of water is needed. Considering that an average amount of fish
consumed per year is 37 pounds, a
200-gallon tank will fit the bill.
To make sure the fish get adequate
filtered water, plant grow beds need to
be a one-to-one ratio of fish tank volume to grow bed volume in gallons.
Aquaponic Source sells systems,
plumbing kits, accessories, live fish
and worms. It will soon offer classes
as well.
“The cost to set up a system depends
on whether someone builds their own
or gets a turn-key system delivered,”
Sylvia said. “It can be as cheap as $100
if you use recycled material.”
Aquaponic systems from the store
run from $700 to $6,000, depending
on the size and number of grow beds
purchased.
Maintenance for systems once
they’re set up correctly is low. Basically
it involves cleaning the bottom of the
pump once a week and feeding the fish.
The Bernsteins self-funded the
business with about $70,000, has no
investors, no debt and has been profitable since the beginning.
Boot-strapping Aquaponic Source
meant keeping it in the couple’s basement for three and one-half years.
“Our customers give us a hard time
because we use recycled newspapers
to wrap products, and any box that
comes in goes out again in another
use,” Sylvia laughed.
In addition to Sylvia and Alan,
Aquaponic Source runs with a staff
of seven.
Governor’s Award for High-Impact Research
Enjoy a unique opportunity to show support for Colorado’s
federal labs, connect with academic, business, community and
research leaders, and celebrate breakthrough achievements
of top scientists and their research teams.
Thursday, October 10, 2013
5:30 pm—7:30 pm
University of Colorado Boulder
Jennie Smoly Caruthers Biotechnology Building
Details and registration: www.co-labs.org
Presenting Sponsor
Gold Sponsors
Silver Sponsors
Bronze Sponsors
Media Sponsors
Video Sponsor
Supporting Sponsors
26A
|
Sept. 27 - Oct. 10, 2013
OPINION
BOULDER COUNTY BUSINESS REPORT
WWW.BCBR.COM
Will federal
dollars flow
fast enough?
C
olorado citizens, governments and businesses alike
have answered the call to
provide relief for the devastating
floods that struck the Front Range in
the past two weeks.
The Boulder County Business
Report in this edition chronicles
many business-related donations and
other acts of charity. State and local
governments have acted quickly and
efficiently to deal with enormous
challenges. The Colorado National
Guard rescued thousands of stranded
citizens.
The federal government, too, has
responded admirably, with funds
for infrastructure, businesses and
individuals. In particular, we’ve been
impressed by the response of the Federal Emergency Management Agency.
EDITORIAL
But, we hesitate to admit, the
constant bickering and dysfunction
in Washington, D.C., has us wondering how effective and comprehensive
the overall federal response will be.
Thus far, the U.S. Department of
Transportation has committed $35
million for road repair, on top of the
$100 million allocated through the
state’s emergency road-repair fund.
(That amount taps out the state
emergency road dollars.)
Members of the Colorado congressional delegation are lobbying for
the Federal Highway Administration
to raise its $100 million funding
limit on emergency road relief to
$500 million.
We’re encouraged by Vice President Joe Biden’s recent promise
– delivered while touring flooddamaged counties with Gov. John
Hickenlooper – that any potential
government shutdown will not
affect delivery of disaster funds. But
we have to wonder, given the uncertainty surrounding the federal budget, whether enough resources will
be forthcoming, and how long it will
take for them to arrive.
We trust that our state and congressional leaders will work hard to
keep the dollars flowing.
Will Northwest Denver EDC work?
Smaller business
boosters taking
wait-and-see stance
E
arly this year, the Broomfield
Economic Development Corp.
changed its name to the Northwest Denver Economic Development
Partnership and launched a plan to
reorganize and adopt a regional strategy with the slogan “One Region,
One Voice.”
The nonprofit organization’s role
in Broomfield had changed significantly over the past three years, as
the city government – once the
BEDC’s primary financial supporter
– created its own economic development department and cut funding to
the organization.
In February, with the blessing of
the governor’s office, the new organization’s board of directors mapped out
a plan to serve the region as a one-stop
shop for site selectors and developers
from throughout the world, working
in concert with, not against, the dozen
or so economic development groups
already serving the area.
Getting everyone on board, in
some instances, could require kid
gloves.
“Our vision is to make Northwest
Denver one of the most recognizable
BOULDER COUNTY
BUSINESS REPORT
3180 Sterling Circle, Suite 201,
Boulder, Colo. 80301-2338, is
published biweekly by BizWest
Media LLC a Colorado corporation, in Boulder, Colo.
VOLUME 32, ISSUE 21
and attractive regions to do business
in the world,” said Mike Kosdrosky,
the Northwest Denver EDP’s president and chief executive.” He said
the organization provides an ideal
opportunity for business leaders and
other key stakeholders to drive, not
just participate
in, the region’s
economic
growth.
The new
organization
is focused on
representing its
corporate investors made up
OBSERVATIONS
of developers,
Doug Storum
Realtors, bankers
and other private
companies that can prosper through
development. Backers include Wells
Fargo, Jones Lang LaSalle, Xcel
Energy, HunterDouglas, McWhinney and CB Richard Ellis. Right
now, at least 20 companies are
signed on.
Dave Marusiak of Wells Fargo,
chairman of the group, said the
organization has been built on the
principle of “One Region, One Voice.
This is a principle shared by the most
economically competitive and successful regions in the world,” he said.
Kosdrosky said site selectors
would rather deal with one or two
organizations than a dozen smaller
ones when exploring a region.
The region is loosely defined as
from north of Interstate 70 to Larimer County, and west from I-25
to the foothills. That area includes
Boulder, Broomfield, and portions of
Adams and Jefferson counties, and
already is served by a lot of smaller
economic development groups. The
most active are the Longmont Area
Economic Council and the Boulder
Economic Council.
How they will work together is
the big question. Some leaders of the
larger groups are noncommittal so
far but are curious to hear more. Clif
Harald, executive director of the
Boulder Economic Council, is waiting to see how this shakes out.
“I’d like to see if there is going to
be a duplication of services with the
Metro Denver Economic Development Corp.,” said Harald, who added
that that organization already feeds
leads for prospects to the smaller economic development groups.
Wendi Nafziger, interim president
of the Longmont Area Economic
Council, also is taking a wait-andsee approach.
“We’ll see what the plan is,” she
said, “but we value and protect the
data we collect on inventories of
properties.”
Doug Storum can be reached at
303-630-1959 or [email protected].
PUBLISHER
WEB DESIGNER
OFFICE MANAGER
EDITOR
VICE PRESIDENT OF SALES
CARTOONIST
COPY EDITOR
DIRECTOR OF BUSINESS DEVELOPMENT
CONTRIBUTING PHOTOGRAPHERS
ACCOUNT EXECUTIVES
CONTRIBUTING WRITERS
Christopher Wood ................ [email protected]
Doug Storum ..................... [email protected]
Dallas Heltzell.................... [email protected]
To advertise or subscribe:
303-440-4950
Fax: 303-440-8954
Online edition: www.BCBR.com
WRITERS
The entire contents of this newspaper
are copyrighted by BizWest Media with
all rights reserved. Reproduction or use,
without permission, of editorial or graphic content in any manner is prohibited.
Mariah [email protected]
Joshua Lindenstein ....... [email protected]
Beth Potter [email protected]
RESEARCH DIRECTOR
PRODUCTION DIRECTOR
Dave Thompson [email protected]
Denise [email protected]
Myles Fuchs [email protected]
Kevin Loewen ................. [email protected]
Storm Hostetter............... [email protected]
Lauren O’Brien [email protected]
MARKETING MANAGER
De Dahlgren [email protected]
CIRCULATION MANAGER
Janet Hatfield [email protected]
Tiffanie Moore [email protected]
Ron Ruelle
Jonathan Castner, Peter Wayne, Ted Wood
Elizabeth Gold, Heather McWilliams, Clayton
Moore
Sept. 27 - Oct. 10, 2013
Boulder County Business Report | www.bcbr.com
|
27A
Boulder’s $1.2 billion municipalization gamble
T
he city of Boulder may be
playing pretty fast and loose
with its $214 million “debt
limit” claim by asking voters to
approve the city’s municipalization
ballot issue 2E.
Why? Because nowhere in that
ballot language does the city provide
voters with complete or accurate
information about the total amount
of debt required to fulfill a muni
takeover from Xcel Energy.
That $214 million figure is not a
“debt limit” that it claims to be. It’s
just the purchase price that would
allow the city to condemn a bunch
of old wires, utility poles, and transformers in and outside the city from
Xcel Energy.
According to the city’s own calculations, somewhat difficult to discover in the volumes of puffery the city
has issued for public consumption,
$214 million is just the beginning of
how much debt Boulder citizens will
be responsible for repaying.
In other documents the city
reveals it needs a $4.9 million shortterm loan to get the muni scheme up
and running. But that’s pretty small
change because the city says it also
needs an additional $90.4 million:
“…as a one-time cost to fund the
remaining capital costs necessary to
start the utility, including the first
two years of capital improvements
and a fund for 6 months of operating
reserves.”
That $214 million number
Boulder voters may think will create a municipal
electric utility doesn’t come
close to doing
so although
voters may be
led to believe it
does because of
incomplete inforGUEST OPINION mation contained
in the ballot
Bob Greenlee
language. The
actual cost will exceed $300 million.
But wait! There’s even more!
In future years, the city says it
will need to fund an additional
$101.4 million by initiating four
separate bond issues over an 18-year
period in order for the new muni
to pay for “…upgrades to aging
infrastructure …(and) to replace or
upgrade a large portion of the distribution and transmission system.”.
Taken together, the actual
amount of capital that’s required
to begin and operate Boulder’s own
electric utility, and make necessary
upgrades and system improvements,
exceeds $412.7 million. That’s nearly $200 million more than the “debt
limit” being claimed in ballot issue
2E voters are being asked to approve
this November.
Not only is the $214 million
“debt-limit” claim deceptive, it
doesn’t come close to providing a
full picture of things because the
city never includes the cost of borrowing those millions of dollars.
The only way Boulder can
become a municipal utility is to sell
bonds as it does for other community capital costs. The city says it has
a AAA bond rating, and they do for
the local water utility, but they can’t
make a claim that any new bonding
for the muni will attain such a positive rating because they have no history of operating one.
In fact, in another document, the
city says it hopes the new muni debt
might achieve an A or BBB bond
rating. Lower rated bonds are more
risky as well as being more expensive, and the city has no idea how
much it will ultimately need to pay
in interest to bondholders.
The city makes a “best guess” for
the initial $214 million bonds, claiming it will carry a 6.5 percent interest
rate for 30 years. The additional $90.4
million will carry an estimated interest rate of 5.5 percent, as will those
four additional bonds. But that’s just a
guess, and interest rates may be much
higher in future years. So the actual
amount of interest to be paid over the
various 30-year bonding periods is
entirely unknown.
Taking the city’s own calculations and forecasts into account the
amount of capital borrowed plus
interest and other costs comes to
well over $1.2 billion! If the city’s
estimate of acquisition or stranded
costs is too low, those additional
borrowed funds might result in total
indebtedness of $1.5 billion or more.
Boulder’s desire to create its own
municipal utility is an expensive and
a highly risky proposition. Unfortunately, the city hasn’t been entirely
forthcoming in providing voters with
complete information concerning all
the costs. If voters believe the total
amount required for creating its own
electric utility is limited to just $214
million, as ballot issue 2E suggests,
they are being entirely misinformed
and even misled.
Creating a municipal utility
may turn out to be a good idea. It
could also turn out to be a huge and
expensive mistake as no one can
accurately predict the future.
Bob Greenlee is a former member of
Boulder’s city council and served one
term as mayor. He can be reached at
[email protected].
KRCN 1060 AM
“Your Trusted Source for
Health & Wealth Information”
AM 1060 • 303.776.2323
www.1060thebiz.com
KRCN 1060 AM
Longmont
Denver
Boulder
October 23 and 24, 2013
Lincoln Center Fort Collins, CO
Global innovators for a low-carbon future.
Inspiring speakers
International thought leaders share
ideas and experiences in creating
global sustainability.
For more information:
http://www.netzerocities.net/speakers-2
Collaborative
Problem-solving Sessions
Rare opportunity for you to connect with leaders from
across industries to discuss best practices for advancing
your community towards net zero.
Educational Tracks
• Net Zero Energy
• Net Zero Water
Smart Cities, Intelligent Systems
• and
Integration
• Transportation Innovations
Who should attend?
• Private businesses in energy and water
• Governments
• Utilities
• Clean energy and water industry clusters
• Policy makers
• Research institutions
Learn more and register at Netzerocities.com