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Resource ID: #22943
Subject: Real Estate
Source: Gazette (Colorado Springs, CO)
Date: 07/02/2006; 07/17/2006; 08/12/2006



Colorado Springs Utilities has spent over $6 million to purchase property for a reservoir that has yet to be granted a federal permit. The purchase prices were much higher than the appraised and market values, while including additional payments for "relocation costs."

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