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Page 8AA — COLORADO REAL ESTATE JOURNAL — January 21-February 3, 2015
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Deborah L. Chandler, MBA,
CMPE, Colorado Springs mar-
ket president, Colorado Springs
Health Partners, a DaVita
HealthCare Partners company,
was appointed to serve as chair
of the board of directors for
the Colorado Springs Regional
Business Alliance.
“I am honored and excited
to lead the Business Alliance
forward in 2015,” said Chan-
dler. “We have worked hard
to position the organization as
a leader on issues impacting
our economic growth. Our first
priority will be to achieve the
tangible results I know we are
poised to realize. We are work-
ing with some exceptional
prospects and interest in the
region is the best we have seen
in over five years.”
Chandler has 20-plus years in
multispecialty medical group
management and administra-
tion, the last six years being
spent with CSHP, which was
recently acquired by DaVita
Healthcare Partners.
This year, two new individu-
als also will serve on the board
of directors: Pam Keller, execu-
tive vice president of sales and
marketing, Keller Homes Inc.
and Margaret Sabin, president
and CEO, Penrose-St. Francis
Health Services.s
A 2,000-foot setback from
structures on oil and gas well
locations would result in as
many as 49,000 fewer jobs in
Colorado between 2015 and
2040, according to a new study.
The increased setback would
also cause Colorado’s gross
domestic product to decline by
as much as $6.4 billion annual-
ly and personal income would
decline by as much as $4.4 bil-
lion annually in that same time
period, the study finds. This
analysis was completed in Sep-
tember and was based on price
and production estimates at
that time.
“A 2,000-foot setback would
significantly impact Colorado’s
families,” said Earl Wright,
chairman of the board at Com-
mon Sense Policy Roundtable.
“The study suggests that an
average family of four could
lose $3,344 of income annu-
ally.”
The study focuses on an
often-discussed option for
implementing a setback in
Colorado, and an option like-
ly to be discussed formally as
the Governor's Oil and Gas
Task Force wraps up its delib-
erations early this year. In 2014,
Tom Clark, CEO of the Metro
Denver Economic Develop-
ment Corp., offered to analyze
the economic impacts of any
proposals generated by the
task force.
“This information should
help the Governor’s Task
Force understand the financial
impact such decisions would
have on the average Colora-
do family,” said Clark. “Some
have proposed well setbacks
nearly seven football fields
long. This study illustrates the
economic impacts of making
that choice.”
The study was conducted by
the Business Research Division
of the Leeds School of Busi-
ness at the University of Colo-
rado Boulder on behalf of a
partnership between the Com-
mon Sense Policy Roundtable,
the Denver South Economic
Development Partnership and
the Metro Denver Economic
Development Corp.
The full study can be
reviewed and downloaded
at
cyroundtable.com/study-oil-
and-gas-setbacks/. s
The Denver Office of Eco-
nomic Development issued
award letters to 33 organi-
zations slated to collectively
receive $4.9 million in federal
grant funding this year.
OED reviewed proposals
in 2014 from organizations
that responded to a Notice of
Funding Availability for eco-
nomic development and hous-
ing projects. Additionally, 14
previously awarded neigh-
borhood development public
service projects were selected
to receive additional funds in
2015.
The awarded projects will
be funded through a variety
of federal community devel-
opment programs, including
the Community Development
Block Grant, HOME Invest-
ment Partnerships and Hous-
ing Opportunities for Persons
with AIDS programs.s
In the largest tax incentive
proposal ever approved in Jef-
ferson County, the Board of
County Commissioners unani-
mously voted in favor of a
nearly $17 million personal
property tax rebate over the
next 15 years.
The rebate is for Lockheed
Martin Space Systems’ expan-
sion at its Waterton Canyon
facility, located in Jefferson
County. The expansion poten-
tially brings 500 high-paying
jobs to the county for Lockheed
Martin’s current and future
projects, in addition to 350 jobs
already transferred from oper-
ations in another state.
Jefferson County Economic
Development Corp. present-
ed the tax incentive and per-
formed an economic impact
analysis of the expansion,
which is estimated to have a
nearly $4.5 billion economic
and fiscal benefit to the county
over the next 20 years.
“Lockheed Martin is one of
the largest employers in Jeffer-
son County, providing excel-
lent jobs for Jeffco residents,”
commented Faye Griffin, chair-
man of the Jefferson County
Board of Commissioners. “This
outstanding company has been
a great asset to our commu-
nity for nearly 60 years. We
are very proud of all Lockheed
Martin has accomplished and
delighted to help facilitate its
expansion.”
Jeffco EDC worked collabor-
atively with Lockheed Martin
on its rebate request to exhibit
the company’s on-going com-
mitment to Jefferson Coun-
ty. “For nearly 60 years, the
men and women of Lockheed
Martin have been developing
innovative space technologies
right here in Jefferson County,
including Orion, NASA’s next-
generation spacecraft designed
to take humans to deep space,”
said Marshall Case, vice presi-
dent, infrastructure services at
Lockheed Martin Space Sys-
tems. “The incentives benefit
the county by encouraging
job growth, and have a direct
impact on helping us grow
our business. The savings we
achieve through incentives
flows back to our customers
and taxpayers and allows us to
offer more competitive prices,
which brings jobs to the coun-
ty.”
“Expansions like this help
keep Jefferson County a cen-
ter for excellence in space. As
Lockheed Martin continues to
remain an economic driver in
the county, it is critical that we
support their operations and
position the county for future
growth with the company,”
said Kevin McCasky, Jeffco
EDC’s president and CEO.s
ʻThe incentives
benefit the county by
encouraging job growth,
and have a direct impact
on helping us grow our
business. The savings
we achieve through
incentives flows back
to our customers and
taxpayers and allows
us to offer more
competitive prices,
which brings jobs
to the county.ʼ
– Marshall Case, Lockheed
Martin Space Systems