Colorado Springs Business Journal, January 13, 2017 by Colorado Springs Business Journal

HAZLEHURST: SUMMIT PRICE TAG OUT OF REACH? 3 SMALL BIZ

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VOLUME 27, NUMBER 42 | Jan. 13 - Jan. 19, 2017 | $2.00

12 COMPANIES TO WATCH

Penrose ﬁnancing arm CHI under ﬁnancial microscope By Bryan Grossman

hile 2016 went in the books as one of the most aggressive years for regional health care expansion planning, Centura’s Penrose-St. Francis Health Services will — at least in part — be playing catch-up in 2017. Last year posed funding challenges for Catholic Health Initiatives, fi nancier of Centura’s planned Colorado Springs projects, including a $100 million St. Francis expansion and possibly a $500 million hospital at Fillmore Street and Centennial Boulevard. CHI, a nonprofit, was hit last summer with a credit rating downgrade by S&P Global Ratings, Fitch Ratings and Moody’s, and the Arapahoe County-based organization is starting 2017 with a negative outlook. The forecast comes as Fitch downgraded CHI’s long-term rating on approximately $6 billion of outstanding debt from A+ to BBB+ during the summer

2016. Fitch also downgraded the short-term rating on $978 million of debt additionally supported by CHI’s self-liquidity to F2 from F1+, according to the ratings company. S&P had already downgraded CHI’s long-term and underlying ratings in April 2016 from A to A-minus because of persistent operating losses and a drop in unrestricted cash. In November, S&P said another downgrade could occur.

‘SIGNIFICANT PROGRESS’ CHI operates more than 100 hospitals and a number of critical-access facilities and living communities in 19 states. But the organization has struggled recently with decreased use of its hospitals, adjustments in reimbursements and ever-changing models of care, said Michael Romano, national director of media relations for CHI. And the organization’s ability to finance projects could impact health care expansion at the regional

level. St. Francis announced last year a nine-month delay to its proposed expansion project because CHI was consolidating funds for out-of-state projects. “CHI’s financial performance in the fi rst quarter of the current fiscal year was disappointing as we continue to work through a comprehensive performance-improvement plan,” said Romano. “We believe the performance-improvement plan will yield positive results and significant progress over the next six months.” Romano said CHI is expecting to strengthen the company’s financial performance and its credit profile throughout the 2017 fiscal year. “CHI has considerable strengths, including its size and geographic diversity,” Romano said. “We are not alone in the struggle to find our equilibrium in an ever-evolving health care environment that becomes See CHI page 17

The many lives of Carter Payne Historic church will become co-op restaurant, brewery By Cameron Moix

he historic Carter Payne building in downtown Colorado Springs has had many rebirths — it was originally a church, then an office building, an event venue, and most recently, home to a few failed concepts — and now is being transformed into a community space with a brewery, taproom and co-op restaurant. Local husband-and-wife team Melissa Howard and Jeff Zearfoss, who own Local Relic brewery and Common Cause Catering, have a contract to purchase the 119-year-old, 6,500-square-foot building at 320 S. Weber St. and 128 Pueblo Ave. They moved into the Carter Payne last year and have been working to restore and renovate the historic structure, which they plan to open this year with a concept new to the Springs. “This project has turned into a lot more than a tasting room,” Howard said. “Now, we really want to be a food and drink destination for southeast downtown. We want it to be affordable and approachable — off the beaten path of what most restaurants are offering.” Plans include constructing a taproom at the northeast corner of the former sanctuary, offering 20 to 30 beers on tap and another 20 to 30 bottles. Because of its designation as a manufacturer taproom, customers will also be able to purchase Local Relic beers to take with them. The southwest corner of the sanctuary will house a cocktail bar that will offer a seasonal, rolling selection of eight to 10 drinks plus a wine list, according to Howard. See Church page 9

Yuhas took over the reins at Memorial this month. Learn about his philosophy and goals for the operation.

INSIDE

Interstate 25 expansion.................5 YP: Jason Carter (left) ...................6 CityBits ..........................................10 On the Horizon ..............................11 The List ..........................................14 Other Voices..................................17

EDITORIAL: SOUTHERN COLORADO COLLABORATION NEEDED

56525 10751

JOEL YUHAS

ONE-ON-ONE

Photo by Cameron Moix

2 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

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Amber Baillie...................................... amber.baillie@csbj.com John Hazlehurst, Sr. Reporter.....john.hazlehurst@csbj.com Cameron Moix..................................cameron.moix@csbj.com Copy Editor

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Building the right culture in Colorado Springs The issue: Northern Colorado has a head start for innovation and high-tech business growth. What we think: Incubators and startup groups should work together to attract venture capital and angel investments. Tell us what you think: Send us an email at editorial@csbj.com.

ur neighbors to the north ended 2016 with a decision to combine their robust business and technology incubators — creating a startup powerhouse in Fort Collins, Denver and Boulder, and pledging to work together to gain venture capital and angel investment for fledgling businesses in all three cities. Innosphere, headquartered in Fort Collins with an office in Denver, merged with Boulder’s Innovation Center of the Rockies. ICR will become part of Innosphere’s nonprofit designation. The goal is to build a statewide incubator with national recognition — thanks to the group’s relationships with the cities of Boulder, Fort Collins, Denver and Loveland, as well as some of the state’s powerhouse research institutions: the University of Colorado Boulder, Colorado State University and Colorado School of Mines. Since 2009, Innosphere alone raised $220 million in capital, $63 million in revenue and created 1,400 jobs. It’s graduated 52 companies. Founded in 2005, the Innovation Center of the Rockies has created 623 new jobs, $107.2 million in salaries, $105.8 million in new capital and 19 new companies. Those are impressive statistics. Colorado Springs startup groups and incubators should pay attention to how they’re doing it. We’ve gotten off to a good start, thanks to building a relationship with the Rockies Venture Club in Denver (working with the Springs’ High Altitude Investors). But we need a

larger statewide presence, in addition to combining efforts at UCCS, Colorado College and the U.S. Air Force Academy. We have major research institutions here — working together, we can create a regional incubator that attracts venture capital, angel investors and entrepreneurs who want to work and grow their companies in Southern Colorado. We’ve had successes, but there’s no denying that Denver, Boulder and Fort Collins are ahead of us — they’ve been laying the groundwork for years. Locally, there’s been some work in that area already: The Quad now has space below Loyal Coffee and features the work of students from Pikes Peak Community College, USAFA, UCCS and CC. And the Rocky Mountain Innovation Partners incubator has been the Academy’s tech-transfer arm for two years. But we have a long way to go before we reach the northern Colorado milestones. Think about the potential of the National Cybersecurity Center and Catalyst Campus, combined with the youth and energy of Peak Startup, the Innovation Institute at Colorado College, technology and research at the Air Force Academy and The Garage at UCCS. It’s time to erase the silos. Bring the Quad, the Garage, the Innovation Institute, Catalyst Campus, 1 Million Cups, Thrive, Pikes Peak Community College’s entrepreneurship efforts and the hightech labs at the Air Force Academy together — and see what we can create. Our bet is that such an alliance could come up with hightech innovation that parallels that in Boulder, Denver and Fort Collins — and possibly collaborate with them for statewide impact. It just takes imagination, teamwork and the desire to work closely together. Success won’t come from jealously guarding turf. It comes from collaboration and mutual support. In 2017, let’s make it our goal: Southern Colorado will become a hub of innovation, new business and high-tech startups. CSBJ n

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Colorado Springs Business Journal

Jan. 13 - Jan. 19, 2017

OPINION: HAZLEHURST

Summit House costs rise: Where will the money come from?

ow much will it cost to construct the new Pikes Peak Summit Complex? A few years ago, advocates (myself included) believed $25 million was the upper limit. The probable HAZLEHURST cost, if all went well: perhaps less than $20 million. Feasibility studies and funding analyses were structured thusly. It seemed easy enough to get to $20 million. Revenue bonds secured by Pikes Peak Highway tolls — that might cover $10 to $12 million. The Army would kick in another $2 to $3 million for a new high-altitude research facility attached to the Summit House. Colorado Springs Utilities could pony up around $2 million for its communications building, the Cog Railway would be good for $2 million and Aramark (the concessionaire) would add the same, maybe more. Voila: $20 million! $20 million? So sorry, but that estimate isn’t even halfway there. The complex is now estimated to cost $47.5 million, less than half from public sources, including most listed above. The breakdown: • Demolition and site preparation: $9.5 million

John

• Construction (including contingency): $33.5 million • Interpretive displays: $2 million • Living Building Challenge: $1 million • Other project costs: $1 million The city and its partners are now “asking donors in Colorado Springs and across the nation to consider a philanthropic investment of as much as $30 million,” according to documents by the Benefactor Group. Acting through the Pikes Peak Highway Enterprise (also known as Pikes Peak America’s Mountain), the city has hired Benefactor, a company out of Columbus, Ohio, to do a fundraising campaign feasibility study. It’s a daunting task. The Summit Complex isn’t a nonprofit, so contributions aren’t tax-deductible. Branding opportunities are limited — you can’t sell naming rights to Pikes Peak. Local funding sources — be they wealthy individuals, prosperous companies or charitable foundations — are visibly stressed. Big projects such as the U.S. Olympic Museum and the Ent Center for the Performing Arts at UCCS have tapped the Big Dogs. Dozens of worthy nonprofits such as The ARC, Cheyenne Village, Springs Rescue Mission and Silver Key target smaller donors. We’re a charitable community, but many potential private donors might see the Summit Complex as

a project best funded by regional governments. In retrospect, the city should have included the Summit Complex in City for Champions, instead of the neverto-be built downtown stadium/sports complex. Will the Benefactor Group come up with a viable fundraising strategy? It seems doubtful, but given focused leadership, the necessary $30 million can be found. First, forget national fundraising. Any steely-eyed philanthropist will want local partners, and even though “public sources” are putting up $20 million, the project’s principal beneficiaries don’t have much skin in the game. El Paso County isn’t a player and the city’s relatively minor contribution is subject to annual appropriations from the Lodgers and Automobile Rental Tax. Doubling the LART tax from its present rate of 1 percent on hotel rooms and 2 percent on auto rentals would bring in approximately $5.5 million annually. According to the 2017 city budget, “(LART) revenue not otherwise obligated may be used for the acquisition, construction, maintenance, and operation of public infrastructure or public improvements; which constitute,

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in part, visitor or tourist attractions.” Visitors pay almost all LART revenue, so if Mayor John Suthers backed an increase, pledging part of it to support revenue bonds to help construct the Summit Complex, we might have a done deal. It’s also possible that a Phil Anschutz-owned company, Xanterra, could acquire the summit concession when Aramark’s contract ends — and would then supply a portion of the money to update the Summit House. Yet increasing the tax requires voter assent, and that’s always a crapshoot in our taxophobic city. Do we believe our own propaganda? Do we believe the summit of America’s Mountain should be a sublime destination? Or are we shills and con artists, luring the marks up the mountain and chuckling as they debark at America’s junkyard? As H.L.Mencken wrote in 1926, “No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people.” So here we are, halfway there and living on a prayer … maybe a broken-down T-shirt and donut shop is more than good enough for the plain people. CSBJ

The Summit Complex is now estimated to cost $47.5 million.

4 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

ONE-ON-ONE

Memorial begins new year with new CEO By Bryan Grossman

emorial Hospital’s north and central campuses started the new year with a new chief executive officer. Joel Yuhas, 46, began leading the system Jan. 9, taking over from George Hayes, who stepped down in November. Yuhas brings with him 20 years of health care leadership experience, most recently as president and CEO of Dignity Health’s St. Mary Medical Center in Long Beach, Calif. His background also includes leadership positions at Georgetown University Medical Center in Washington, D.C., Graduate Hospital in Philadelphia and University of Pittsburgh Medical Center. During his tenure at UPMC, he served as senior vice president of operations for its international division, overseeing hospital and cancer center operations in Ireland, the United Kingdom and Italy. This week, the Amherst, Ohio, native spoke with the Business Journal about what he looks forward to most in his new home and challenge. Why did you pursue the Memorial CEO position? I’ve vacationed in Colorado Springs many times over the years. We love the area. It’s beautiful in the winter and the summer. This is an amazing town and an amazing system to work with. What do you see as Memorial’s strengths? In my very limited exposure to Memorial, I was really impressed with the growth plans. The central campus is well-positioned as a market leader for tertiary [specialized] and quaternary [highly specialized] care, and that’s going to continue to evolve as the north campus expands. … That [expansion] creates more room at central campus to continue to expand tertiary care and surgical services. Both campuses have a really interesting and exciting future to them as they collaborate to improve health care in the Springs. Was expected growth and your experience with larger markets one reason you took the position? The growth trajectory of the Pikes Peak region, when you look at the market — it’s growing at a pace that’s outgrowing a lot of other metropolitan areas. That spurs further investments by health systems in trying to meet the ongoing demand for more services. What’s interesting about this system is the concept UCHealth has of bringing specialized care closer to the people who want to receive it. That business philosophy … says a lot about a community that’s thriving and growing. Do you have a ﬁrst-year agenda? Initially, I really just want to acquaint myself with the organization and understand its various strengths and potential opportunities. Over the next year, with the planning of Children’s Hospital at the north campus, there are a number of services impacted at the central campus we’ll want to plan for and figure out how that evolves. What positives did you take away from your work internationally? We were doing bundling-of-care reimbursement models long before they were piloted here in the United States — before it was mandated. I think, as we evolve in this country from a fee-for-service model to a fee-for-value model, we have to strategically position how we partner with physicians and payers. That international experience was certainly a valuable one for me. … I don’t know that I would adopt everything I saw, but you do start to look at things a little differently when you live in an environment where all your reimbursement is a bundled methodology. What did you ﬁnd broken with the European system? In countries like Ireland, where everybody has access to public health care, the waiting lists are extraordinarily long. That’s something they’ve struggled with in my time there. It was less severe, but present in the [United Kingdom] as well. At Memorial, we’re growing our medical staff to meet community demand for as many services as possible that people want to receive locally. Being able to make those investments in an international setting is much slower. Things aren’t perfect overseas either. As CEO, do uncertainties in health care affect what you do? We knew the Affordable Care Act took us in a direction to make health care more accessible to people who needed it. I think we should be proud that more people today have more access to care than they did before. That’s a social justice issue. We also knew the first step of the ACA wasn’t perfect. Hospitals suffered a bit from the initial phase. … There’s no free lunch. You have to subsidize care at a cost from somewhere. But that’s going to change, and it would have had to change no matter who became president. … But I don’t see how you can completely unravel a trajectory of change that’s happened over the last eight years. We’re stewards. That’s what a CEO is, stewards of resources. We know consumers demand services closer to home. We know that receiving care in a hospital is a high-cost environment to receive care. So as a health system, we have to continue to look for opportunities to give consumers what they want — at lower costs for greater value. That won’t change. CSBJ

JOEL YUHAS I pride myself in being approachable and accessible.”

Photo by Bryan Grossman

Colorado Springs Business Journal

Jan. 13 - Jan. 19, 2017

State accelerates I-25 widening I By Bryan Grossman

t’s one of the most important business issues facing El Paso County — second only to workforce development, says Dirk Draper, president and CEO of the Colorado Springs Chamber of Commerce & EDC. And thanks to action recently taken by the Colorado Department of Transportation, widening the 17-mile stretch of Interstate 25 between Castle Rock and Monument could start as early as summer 2019. At a Castle Rock press conference Jan. 6, CDOT executive director Shailen Bhatt said the environmental and planning process for I-25 improvements, to include the two-lane “gap” between the Douglas County line and Castle Rock, will be “greatly accelerated.” CDOT es-

timates the project cost to be around a half-billion dollars. The decision to move forward comes with two major caveats: a clean environmental assessment and funding. “You need two things to widen a highways,” Bhatt said. “You need money … and you need [a National Environmental Policy Act] decision.” CDOT was able to fi nd money for the initial planning stages from fi nancing meant for the C-470 Express Lanes project, he said. The C-470 project needs less money than originally anticipated, allowing CDOT to move $15 million for the initial environmental and preconstruction work for the expansion project. Those funds, along with $6 million already set aside for a Programmatic &

Photo by Bryan Grossman

El Paso and Douglas County, Federal Highway Administration and CDOT representatives join forces.

Environmental Linkages study, mean miles apart. But that’s how the West has developed; that’s how Colorado has the project will be shovel-ready if the developed,” Suthers said. money becomes available in 2019. “Our economic development of these Colorado Springs Mayor John Suthers two great cities is dependent on the said he is optimistic about both the enfree flow of traffic.” vironmental study and funding. But infrastructure across the state “I don’t think the environmental is decades behind where it should be, study will be a huge obstacle,” the mayBhatt said. or said. “But there was a lot of money “We have an interstate system that spent to engineer around the [Preble’s was designed in the Meadow mouse] ’50s, built in the ’60s in Monument, so for a population in you never can tell. I the 1980s that they think the legislative thought would be funding is the big about 3 million peoobstacle.” ple,” he said. “We’re Suthers said he at 6 million people is pleased with the today.” momentum to fastBhatt said the detrack the project. partment doesn’t “I think this is a — Mayor John Suthers currently have the testament to public funds for the project. sentiment,” he add“We’ve pulled every rabbit out of the ed. “When people started talking about hat that we can in this era of limited the prospect of this taking 10 years, it and constrained highway funding,” he wasn’t just leaders stepping up and saysaid. Amy Ford, CDOT spokesperson, ing, ‘That’s ridiculous.’ It was the public said there isn’t an official priority list saying, ‘That’s ridiculous.’” for state projects, but the MonumentAccording to the mayor, about Castle Rock development ranks near 100,000 people drive the Denverthe top. Monument corridor daily. “There’s still a significant funding “Can you imagine the founders … challenge,” Bhatt said. “It will be a when Colorado became a state in 1876? heavy lift, but there’s been a lot of disI don’t think even the most visionary cussion over the last couple years about among them could have predicted that two of the 40 largest cities in America See I-25 page 7 would be in Colorado and 60-some

“Our economic development of these two great cities is dependent on the free ﬂow of traffic.”

2 days monday, jan. 16 & 23, 2017 celebrating the legacy of

Rev. Dr. Martin Luther King, Jr. MONDAY, JAN 16. 8 A.M. “ALL PEOPLE’S BREAKFAST”

Reid Arena, El Pomar Sports Center 44 W. Cache La Poudre St.

Speaker: Idris Goodwin

Tickets: $7. Available at Worner Campus Center information desk (719) 389-6607.

10 A.M. “RALLY AND MARCH FOR HOPE” Earle Flagpole, Worner Quad 902 N. Cascade Ave.

MONDAY, JAN 23. 11:15 A.M. “FIRST MONDAYS”

Kathryn Mohrman Theatre, Armstrong Hall 14 E. Cache La Poudre St.

Speaker: Dr. Russell Rickford 7 P.M. CLEO PARKER ROBINSON DANCE ENSEMBLE

Kathryn Mohrman Theatre, Armstrong Hall 14 E. Cache La Poudre St. Reception to follow

FREE & OPEN TO THE PUBLIC unless otherwise indicated More info at coloradocollege.edu/events SPONSORED BY: Colorado College, Colorado Springs Utilities, Pikes Peak Justice & Peace Commission, NAACP, City of Colorado Springs, Pikes Peak Diversity Forum, The Colorado Springs Independent, El Cinco de Mayo, Inc., Golden Lotus Foundation, Latino Community Luncheon, Soka Gakkai International-USA, Urbanites Leading the Pikes Peak Region, USAA

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6 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

YOUNG PROFESSIONAL

Carter’s business stands on Twelve Legs By Amy G. Sweet

fter a decade of television experience, Jason Carter decided to branch out and start his own business. While the Washington native acknowledges the move was risky, he said creating Twelve Legs Marketing was worth it. “I call it Twelve Legs because those are the number of legs in our family,” he said. “My wife and I have two dogs — so 12 legs total. It’s a way to tie the business to our family.” Carter recently discussed his new business and his goals for the future. How did you end up in Colorado Springs? I’m a native of Washington state, grew up there, went to college there. Then I took jobs along the West Coast, working in television, covering sports. I spent about 10 years in television. I moved here for a job at KRDO, covering sports and being the sports anchor. It was a great opportunity — I got to cover some great stories at the Air Force Academy, at the United States Olympic Training Center, at Colorado College. This is a great town to be a sports reporter. So why did you decide to start Twelve Legs Marketing? I wanted a change, and I saw a niche that needed to be filled. I still get to do some of the things I love — cover stories of local athletes, film game highlights — but I get to branch out and help companies spread their messages about their products. It was something I talked about with my wife for about a year. We knew it would be a good fit for our personal lives, and we believed it would be a success for our professional lives. We were right; it’s worked out well. So what do you specialize in? Our specialty, of course, is video production and editing services to clients — but that’s just the icing on the

cake. We are a full-service marketing firm. We can provide Search Engine Optimization, social media services, all kinds of digital services. What have you learned in your ﬁrst year of business? I’ve learned to balance my time better. In television, you work on one thing until you’re finished, then you move on to the next once you get it done. When you own a business, you have to learn to balance projects. I’ve had to learn how to make the most of the hours in a day. So I think the biggest thing I’ve learned is how to manage everything in my life. What do you do for fun? We go out on hikes with our two dogs. We just got a puppy who is a ball of energy. So we go hiking and walking a lot. I also am a big sports fan. I love to watch local teams play. I am fortunate that I get to do a lot of work with the Air Force Academy still, so I get my sports fix that way. What would you change about the Springs? I think I’d change the fact that so few people know about Colorado Springs. It’s one of the best places to live, according to U.S. News & World Report. People don’t realize what a jewel we have here. There are so many things I like about Colorado Springs — the list just continues to grow. People know about the successes in Denver; what they don’t realize is that we have that going on here too, but in a more affordable area. Where do you want your business to be in ﬁve years? Growing. Hopefully, growing. I’d like to add a couple of services to help local businesses and address their marketing needs. I’d like to add some employees — it’s just me right now. I’d like to lead in helping people with social media and using it to spread the word about their businesses. Do you have advice for those who want to start a business? Go for it. I’d tell them to take the risk and do it. You’ll work hard. But if you believe in yourself and your capabilities — you can do it. Take the opportunity. I’ve never been happier. CSBJ n

Photo by Cameron Moix

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Colorado Springs Business Journal

I-25: Plans accelerating and their recognition of how pertinent this is to the Front Range and to El Paso transportation funding, and I believe the and Douglas counties and the South ingredients are there to get this done.” Denver metro area.” The local legislative and Northern Draper said public input has had a Colorado delegations are “feeling a lot major impact on expediting the needed of pressure,” Suthers said. preconstruction studies. “I just wish they would get over some “There’s been tremendous commuof the philosophical issues I don’t quite nication from elected leaders and the understand,” he said. “I don’t see the business community about the imporhospital provider fee question as an endtance of this,” he said. “Being at the table around TABOR. It during the public should have been process will accelan enterprise in this project. I-25 Public Meetings erate the first place, Money flows to and that is a way Colorado Springs planned projects. to produce monGetting the PEL 5-7 p.m. ey without a tax and NEPA process Tuesday, Jan. 24 increase.” done will accelLibrary 21c Drawing from erate funding for 1175 Chapel Hills Drive t ra nspor tat ion this.” expertise honed Castle Rock Suthers said as a former envistate leaders must 5-7 p.m. ronmental studseek common Thursday, Jan. 26 ies project manground to find Douglas County Fairgrounds ager for CH2M money for infraHill, Draper said 500 Fairgrounds Drive structure needs. this project has “The reality already taken a is, what we need unique approach. now is a commitment for construction “As far as I know, this is first time funding,” he said. “I ask all our legisCDOT and the Federal Highway lators, on both sides of the aisle, to put Administration have allowed a PEL partisanship aside and do everything [programmatic] and NEPA [environthey can to find a solution to get funding mental impact] process to run concurfor this project. rently,” he said. “To me, that shows their willingness to accelerate the process, “It needs to be done now.” CSBJ

Jan. 13 - Jan. 19, 2017

THE COLORADO SPRINGS BUSINESS JOURNAL & BRYAN CONSTRUCTION PRESENT THE

From page 5

Transportation coalition an opportunity for input The Pikes Peak Business Transportation Coalition is comprised of local business representatives who advocate for a transportation system that meets the needs of the region, according to Rachel Beck, government affairs manager with the Colorado Springs Chamber & EDC. To get involved, email rbeck@cscedc.com The coalition meets from 9:30-11 a.m. the first Friday each month, location to be determined. The group’s goals are:

• To advocate for specific projects that are critical to the region’s economic development; • To ensure a reliable, equitable funding source for the state’s transportation system; • To understand the issues and trends related to a competitive, innovative transportation system; and • To develop advocates for regional transportation needs with elected officials, state staffers and other stakeholders.

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8 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

SMALL BUSINESS

Knight Watch and Jewelry Co. Years in business: 65 Employees: 2 Contact: knightwatchonline.com, 719-633-3628

Photo by Cameron Moix

Michael Knight and his daughter Ecko represent the second- and third-generation owners of the local watch shop.

Location: 19 E. Kiowa St.

Keeping time a family affair for the Knights By Cameron Moix

espite the timeless quality of their downtown Colorado Springs shop, the Knight family is obsessed with helping its customers keep on tickin’ — with precision. Walking into Knight Watch and Jewelry Co. at 19 E. Kiowa St. is like visiting a history museum: The furniture and display cases are all from long-shuttered downtown businesses; the mirrors once adorned the walls of The Broadmoor; the chairs sat guests in the old Burns Opera House; and the 110-year-old cash register once belonged to the Tutt family. “There’s a little bit of everything from a little bit of everyone in here,” said owner Michael Knight. “We surround ourselves with the history of this city.” Then there are the timepieces. The displays, the drawers — every nook and cranny — are full of them: Hamilton railroad watches, vintage Omegas — Michael and Longines, and high-value Rolexes and Patek Phillippes (one 24-karat gold model recently sold for nearly $20,000) are just a few of the 100 to 150 for sale at a given time. The shop is evidence of the Knight family’s dedication to selling and servicing the world’s finest watches, which has been its business model for more than a half-century. After returning home from World

War II, Walter Knight (Michael’s father) wanted to start a career that would challenge his mechanically inclined brain. So he attended the American Academy of Horology in Denver to become a watchmaker and started the business on Tejon Street in 1951. Just a toddler when the shop opened, Michael Knight was primed to follow in his father’s footsteps. He began working on old clocks at 7 years old, repaired his first watch at 11, and at 13 he became a watchmaker for Zales. “I was horsing around in the basement when I got interested in watches and clocks,” he said. “I started charging customers when I was 10. By the time I was 16, I was rocking.” After that, he said there was never a time he didn’t think of watchmaking as his career of choice. He was even a watchmaker during his military service for the U.S. Navy. “It’s a great occupation — and a respectable one,” he said. “And a good watchmaker is hard to find.” Knight But that wasn’t always the case. When Michael bought the business from his father in 1976, he was just 27 and Colorado Springs was full of fierce competitors. Knight said the few years after he purchased the business were the hardest, as the industry was shifting from a demand for automatic Swiss-made pieces to the popularity of cheap, battery-powered watches mass-produced in Asia.

“A good watchmaker is hard to find.”

Photo by Cameron Moix

Michael Knight repaired his first watch when he was 11 years old.

But Knight said he attributes his success to loyalty — to himself, to his father, to his customers and to the craft of watchmaking. “I never changed,” he said. “I never deviated from what I wanted to do and what I wanted to work on. … You’ve just got to toe the line and keep doing what you believe in.” Of course, a few things have changed over the years. To interest new customers and stay current with modern trends — within reason — his daughter Ecko (who has worked at the shop since age 14) started EckoCo, an arm of Knight that specializes in servicing battery-powered watches. “It felt like the next step,” she said. In the years since Ecko came on board, the shop has started offering more services to attract younger clientele. Among those services are converting

old pocket watches into wristwatches and transforming old mechanical timepieces into battery-powered wearables. “We’re still learning,” she said. “All these decades later, we’re still trying new things.” That mentality has helped the business weather the hard times. And eventually, it paid off. There isn’t much competition remaining in the region, according to Michael Knight, which is why the shop gets business from across the country. And in recent years, the Knights say they’ve started to see a shift in clientele to younger generations becoming interested in heirloom timepieces passed down through the family. “People are starting to pull grandpa’s old watches out of the drawer, and some of them we recognize,” he said. “It’s amazing when you think about it.” CSBJ n

Colorado Springs Business Journal

Jan. 13 - Jan. 19, 2017

Church: New ideas for old building From page 1

The large space is also slated to house four vendors — essentially booths with coolers, warmers and sinks — that will serve as a sort of incubator for local restaurateurs to test their food concepts. Howard said those booths will be available for 18- to 24-month leases. “We really want to help people to move through those first couple of years,” she said. “We’re thinking of it as a food incubator.” The concept is not unlike Avanti in Denver, which describes itself as a “collective eatery.” Howard hopes to offer lunch and dinner at Carter Payne and would like the food to be simple farmers market fare, with each vendor offering three to four signature dishes. “That would allow us to offer 12 to 16 menu items, which is pretty good,” she said. Plans include adding a large deck with a fire pit that will sit around 70 people and reconstructing a west-facing addition (built in 1962) to the building as the multilevel Local Relic brewery. The two also want to improve the basement and create a barrel room and private events space. The restaurant concept will have different seating options to create varying degrees of privacy and mood for customers, from private booths to a couple of long family tables intended to bolster a sense of community at Carter Payne. “Where I’m from in Pennsylvania, churches are gathering places for the whole community,” Zearfoss said. “That’s what this once was, and that’s what we want it to be again.” — Melissa The vendors will use Common Cause Catering’s downtown commercial kitchen — located just a few blocks away — to prepare their food. Howard expects to hire 20 employees to help run the new business. As far as the name of the enterprise, Howard and Zearfoss are both adamant that the 119-year-old structure will keep its history and integrity intact. “We’re going to continue branding it as the Carter Payne; it has always been the Carter Payne — that’s what it was at inception, and we’re really intent on honoring that history,” she said. As they renovate the structure, Howard and Zearfoss are keeping the building’s history intact, using materials and techniques similar to the era in which it was built. “We’ve very intentionally done things so that they don’t look shiny and new,” Howard said.

Evidence of their design intent is already on display at Carter Payne: They’ve redone the hardwood floors with a mix of red and white oak, and painted the sanctuary’s plaster walls and molding to make them appear authentic to the building. Howard said she plans to display framed historic photographs and newspaper articles that outline the building’s rich history. “We want to include anything that would let guests know what the building was and was for, because I think it’s important as a community to honor and respect that,” she said. “We would hate for anyone in that congregation or in the community to think that we took over this beautiful church and didn’t honor the history of it.”

DEEP TRADITIONS The building was originally constructed in 1897 on a triangular plot of land donated by Colorado Springs founder Gen. William Jackson Palmer to the congregation of Payne Chapel African Methodist Episcopal Church (the city’s first black church), which was housed there until 1986. In the nearly 90 years the congregation worshiped in the space, the building played host to many notable speakers and the first meetings of the Colorado Chapter of the NAACP. “The church is historically significant for the role it played in the social and religious lives of Colorado Springs’ AfricanAmerican community, serving as a focal point in the movement for civil rights,” according to a 1998 state document detailing the property’s history. Howard “I remember we led a march in Colorado Springs in the 1960s,” church leader Samuel Hunter Jr. said in the document. “It was back during the time those four little girls were killed in Birmingham. We gathered at the church and marched to City Hall to show our support.” In 1986, the congregation outgrew the downtown location and moved to a larger building in east Colorado Springs. Payne Chapel AME sold the building in 1987 to a group of real estate investors called the Pueblo Avenue Partnership, which converted it into office space. Jeff Ahrendsen, the retired senior vice president of Hub International Insurance Services in Colorado Springs, was one of those investors. He purchased the property from his partners in 1993 and used it as office space for another two decades. “I must have worked out of there for 25 years,” he said. “It’s a great building; we just outgrew our need for the space.” El Paso County property records indicate that he sold it for $575,000 in August 2011 to Lynn Schlemeyer and Mike Cookson, who also own Garden of the Gods Gourmet. Schlemeyer and Cookson converted the building into a wedding and events venue, marketing it simply as “The Carter Payne.” Carter was the surname of the church’s original pastor. But the venture was short-lived, and they began to lease the space. In 2012, New Life Church announced plans to lease the building with plans to create a downtown satellite campus for their then 11,000-member congregation. After that plan went bust, Carter Payne became home to Green Man Taproom & Beer Garden in 2014, but was shuttered the following year. Subsequently, the space was fingered as the location for the long-planned Colorado Springs Public Market. But due to a lack of funding, that concept too proved a failure.

“This project has turned into a lot more than a tasting room.”

NEXT STEPS

Photo by Cameron Moix

Jeff Zearfoss and Melissa Howard plan a million-dollar project for the historic Carter Payne building.

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Howard and Zearfoss say they have “locked in a purchase price” with the current owners and are looking to close on the property in the coming months — although they aren’t sure about the specific timeline. “That is the million-dollar question — literally,” Howard said, adding the owners are counting their renovations toward the sale price. “We’re in the ballpark of a million-dollar project, when all is said and done.” Currently, the couple is working with a bank to finalize their Small Business Administration loan for the building. “We’re just waiting on this last little piece to move forward,” Howard said. “I can’t wait — I love this little part of downtown.” CSBJ n

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10 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

CityBits

Photos by Cameron Moix

The Business Journal staff reports

Prime 25, which has been described as a “modern interpretation of the classic steakhouse,”officially opened its doors at 1605 S. Tejon St. on Tuesday. It’s part of a larger $75 million plan by Colorado Springs business owners Sam and Kathy Guadagnoli to redevelop the surrounding area.

CPR PLANS MOVE TO SPRINGS MARKET Centennial-based Colorado Public Radio announced yesterday that it’s expanding into the Colorado Springs market. The long-established regional public radio powerhouse has acquired a new AM/FM signal in Colorado Springs — 1490 AM and 102.1 FM — which joins two new FM translators recently added in Boulder and Pueblo. Contingent on approval by the Federal Communications Commission, CPR News will be heard on those frequencies by spring 2017. The organization is also hiring a locally based reporter who will join three additional positions based at the station’s Centennial headquarters. KRCC general manager Tammy Terwelp isn’t wor-

ried about the competition, saying, “We’ve been here since 1951. Our roots in the community are very deep. One reporter doesn’t make a radio station.” Sean Nethery, CPR’s senior vice president of programming, framed the decision as one made to broaden the reach of public media statewide. “We’re all in the business of serving the public,” he said. “This is part of our long-term plan to serve the state. We’ve never had full-time news service to Colorado Springs, the state’s second largest community.” Former KRCC producer/reporter Noel Black welcomed the move, saying, “I think Colorado Springs will be well served by some competition in the public media market.”

That may be an understatement. With annual revenues of approximately $17 million, net assets of $23.8 million and a staff of more than 100, CPR could have a substantial impact on the local media market. “Public media is more important than ever to Coloradans,” said Rocky Mountain PBS President Amanda Mountain. “There are many exceptional organizations committed to engaging as much of the state as possible in order to reach those traditionally underserved by conventional media. It’s incumbent upon those of us who work in the industry to collaborate to create the strongest impact possible for those we serve.” — John Hazlehurst

Colorado Springs Business Journal

Jan. 13 - Jan. 19, 2017

ON THE HORIZON Compiled by Amy G. Sweet

Professional Development

Submit items for On the Horizon to events@csbj.com.

Networking Events

Nonprofit Events

Monday, Jan. 16

Tuesday, Jan. 17

Wednesday, Jan. 18

BBB: Award intro

Tri-Lakes: After Hours

CNE: Message

Join the BBB and its award evaluators to learn about its Excellence in Customer Service award, the application process, 10 a.m.-1 p.m., Southern Colorado Small Business Development Center, 121 W. City Center Drive, Room 220 in Pueblo. To register, go to bbb.org/2g92gq4.

Join the Tri-Lakes Chamber of Commerce for its business after hours, free for chamber members; $5 for partner members and $10 for non-members, Discover Goodwill, 15821 Jackson Creek Pkwy. Go to trilakeschamber.com for more information.

Develop your message with a workshop by the Center for Nonprofit Excellence, 8:30 a.m.-12:30 p.m., Tim Gill Center for Public Media, 315 E. Costilla St. Register at cnecoloradosprings.org.

Tuesday, Jan. 17 SBDC: Bookkeeping Learn the basics of bookkeeping with Paul DuMond, $10, 9 a.m.-noon, Ent Credit Union, 7350 Campus Drive. Go to pikespeaksbdc.org to register.

Woodland Park: After Hours Teller County’s largest networking event, 5:307:30 p.m., Greater Woodland Park Chamber of Commerce, 210 E. Midland Ave., Woodland Park. Go to woodlandparkchamber.com to register.

Women’s Chamber: Luncheon

Wednesday, Jan. 18

The Women’s Chamber of Southern Colorado’s monthly networking luncheon with the topic, “Are You Paying Attention? Everyone Plays a Role in Workplace Safety,” $38 for members, $46 for nonmembers, 11 a.m.- 1 p.m., Garden of the Gods Club & Resort, 3320 Mesa Road. Go to scwcc.com to register. Non-Members $46

SBDC: QuickBooks II

Wednesday, Jan. 18

Learn the second part of QuickBooks online with Marta McDonald, $75, 4-7 p.m., Pikes Peak Small Business Development Center, 1675 Garden of the Gods Road. Register at pikespeaksbdc.org.

1 Million Cups

PPLD: Franchises Learn about the top six franchise opportunities in Colorado Springs, free, 6-7 p.m., Library 21c, 1175 Chapel Hills Drive. Go to ppld.org to register.

BBB: Basics

Learn about local small business challenges and successes, free, 9-10 a.m., Catalyst Campus, 555 E Pikes Peak Ave. No registration required. For more, go to 1millioncups.com/coloradosprings.

Thursday, Jan. 19

PPLD: LinkedIn basics Use LinkedIn to promote your business and find a job, free, noon-1:30 p.m., Library 21c, 1175 Chapel Hills Drive. Go to ppld.org to register.

Join the Colorado Springs Chamber & EDC at its Business Connect, fee, 11:30 a.m.-1 p.m., Jack Quinn’s Irish Ale House and Pub, 21 S. Tejon St. Register at coloradospringschamberedc.com.

Thursday, Jan. 19

Tri-Lakes: Breakfast

Choosing the right legal structure for your business, $18, 11:30 a.m.-1 p.m., Pikes Peak Small Business Development Center, 1675 Garden of the Gods Road, Ste. 1107. Go to pikespeaksbdc.org to register.

SCORE: Seven steps Learn the seven steps to starting a business in this webinar, 1 p.m. Go to coloradospringsscore. org to register for webinar.

CNE: Financial resolutions Join the Center for Nonprofit Excellence for information about controlling finances for nonprofits, free for members, $10 for nonmembers, 8:15-9:15 a.m., Tim Gill Center for Public Media, 315 E. Costilla St. Go to cnecoloradosprings.org to register.

CNE: Volunteer engagement Learn how to better engage volunteers at this roundtable, sponsored by the Center of Nonprofit Excellence, free for members, $10 for nonmembers, 11:30 a.m.- 1 p.m.,Mesa Conference Room at the Conservation and Environmental Center, 2855 Mesa Road. Go to cnecoloradosprings.org to register.

Thursday, Jan. 26

Learn the basics of the Better Business Bureau, 11:30 a.m.- 1 p.m., Better Business Bureau, 25 N. Wahsatch Ave. Register at bbb.org.

SBDC: Legal structure

Thursday, Jan. 19

CNE: Fundraising Learn more about how to maximize your fundraising relationships, $45 for CNE members, $75 for nonmembers, Center for Nonprofit Excellence, 8:30 a.m.-noon. Register at cnecoloradosprings.org.

Saturday, Jan. 28

Chamber: Business Connect

Monthly networking breakfast with the Tri-Lakes Chamber of Commerce, 7:30-9 a.m., Tri-Lakes Chamber of Commerce, 166 Second St., Monument. Go to trilakeschamber.org to register.

Challenger: 30th anniversary Join the Challenger Learning Center as it marks the 30th anniversary of the Challenger shuttle explosion, $150, reception begins at 6 p.m.; dinner at 7 p.m., The Antlers hotel, 2 S. Cascade Ave. Go to clccs.org to register.

CSBJ: Book of Lists Thursday, Jan. 26

Friday, Jan. 20 CSBJ: Rising Stars Deadline to nominate a rising professional (under 40 years old) who is excelling both at work and in the community. To nominate someone, go to csbj. com/awards.

Join the Colorado Springs Business Journal as it unveils the 2017 Book of Lists, a must-have resource for every business. $35 includes appetizers, drinks and the book, 4:30-7 p.m., Briarhurst Manor, 404 Manitou Ave. Go to csbj.com/events to register.

nominate a young professional who is making a difference in their company and in our community!

csbj.com/nominate

Nominations due January 20, 2017

12 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

Focus

TEN COMPANIES TO WATCH

Some with new success under their belt, others facing challenges in the new year — these 10 companies will help shape the business landscape in 2017. By Amber Baillie

PIKES PEAK BREWING CO. 1756 Lake Woodmoor Drive, Monument 719-208-4098 pikespeakbrewing.com Soon to be operating from a 30-barrel brew house, the six-year-old business is on its way to becoming one of the top beer producers in the state, with a nearly 6,000-square-foot expansion at its Tri-Lakes location finished during the next few months. Pikes Peak Brewing Co. currently operates from a 10-barrel brew house;

NOR’WOOD DEVELOPMENT 111 S. Tejon St. 719-593-2600 norwoodinteractive.com Locally owned real estate company Nor’wood Development Group has remained in the spotlight for big plans and bigger projects. The company donated a 1.7-acre site downtown for the U.S. Olympic Museum, announced

the add-on of Project BASECAMP will bring its total space close to 13,000 square feet and allow the company to produce more than 13,000 beer barrels annually. Last year, the company’s revenue grew more than 12 percent, with a major investment in wholesale sales that grew more than 41 percent, said owner Chris Wright. In 2016, the brewery crafted 3,562 barrels, with production growing more than 27 percent. Its beer is sold at 250 retail outlets throughout Colorado. “During the fi rst quarter of 2017, we will complete our major expansion which will increase our production capacity by almost four times,” Wright said. “This will allow us to meet demand in Colorado and look to expand to at least one out-of-state market.”

apartment plans with Griffis/Blessing Inc. and partnered with Springs Rescue Mission this past year to build permanent housing for individuals experiencing chronic homelessness. Its planned 356 urban-style apartments with Griffis/Blessing will be located at the southwest corner of Wahsatch and Colorado avenues (construction already started) and the northeast corner of Cascade Avenue and Rio Grande Street. In addition, Nor’wood owns a big portion of Banning Lewis Ranch, which represents 60 percent of developable land in Colorado Springs. Nor’wood is negotiating with the city about infrastructure requirements for its portion of the subdivision.

TITAN ROBOTICS 4250 Buckingham Drive, #600 719-822-1113 titan3drobotics.com For local manufacturer of industrial 3D printers, Titan Robotics, growth has been evident in the past year after adding a dozen employees and quadrupling sales. According to owner Clay Guillory, the company’s revenue was estimated at $500,000 in 2016, and the company expects to triple its sales this year. “We are continuing to push the envelope with large format 3D printing technology, with new developments like our multi-print head Cronus,” he said. Cronus — unveiled this week at The Consumer Electronics Show in Las Vegas — is a five-head 3D printer that allows users to print industrial parts at higher speeds and in greater detail

OSKAR BLUES FOODERIES 118 N. Tejon St. oskarblues.com The Longmont-based brew pub is aiming to provide Colorado Springs residents a new experience this sum-

VECTRUS

TORCH TECHNOLOGIES 6760 Corporate Drive, Suite 110 719-725.6850 torchtechnologies.com The Alabama-based defense contractor came to Colorado Springs in 2013 to grow its contract base with the U.S. Air Force and continues to expand its presence.

The company specializes in aviation and missile research and development, with 22 employees in Colorado Springs and four offices nationwide. Last year, it received a $504 million major contract with the U.S. Army, providing information integration and data exploitation services; it also won a potential five-year, $62.8 million contract providing advisory and assistance services for the Missile Defense Agency’s test provisioning process. In 2016, the employee-owned company was named one of America’s Best Small Companies by Forbes Magazine; recognized as one of the 20 Best U.S. Workplaces in Consulting & Professional Services by Fortune Magazine and made the Inc. 5000 list for the 10th consecutive year.

655 Space Center Drive 719-591-1113 vectrus.com It should be a defi ning year for Colorado Springs-based defense contractor Vectrus, after the company lost its largest contract late last year, laid off 64 employees and hired a new CEO two months later. In September, the firm lost its contract to provide base operations and security support services for the Area Support Group Kuwait, which provided $218 million in revenue during the fi rst half of the year. A month earlier, Vectrus also lost the Army Prepositioned Stock-5 contract for global logistics in Kuwait and Qatar that provided $93 million in revenue in the first half of the year.

than with traditional single-head 3D printing. “We believe additive manufacturing will disrupt traditional manufacturing technology by providing companies with a lower cost and more customizable and reduced-waste method to prototype and fabricate products,” he said. In 2014, Guillory bootstrapped the business, initially working from his garage. Now the industrial manufacturing facility is located in an 8,000-square-foot building off of Garden of the Gods Road, where all production occurs. The business also works with international companies and plans to continue to hire skilled labor in 2017. “Titan Robotics is staying on the forefront of the additive manufacturing movement by providing industrial grade 3D printing machinery to businesses both large and small,” Guillory said. “We have a great relationship with higher-education institutions in Colorado Springs, recruiting interns and employees from Pikes Peak Community College and UCCS.”

mer when it opens at the former Old Chicago location downtown, offering 43 craft beers, Southern-inspired cuisine and live entertainment. With locations in Longmont, Texas and North Carolina, Oskar Blues Brewery was started in Lyons in 1997 by Dale Katechis. It will occupy two levels in the DeGraff Building and serve its wellknown “craft beer-in-a-can” and ales from microbreweries throughout the U.S. Oskar Blues will also feature a singer/songwriter stage, bocce courts and lounge available for private parties.

The two combined were big hits for the 2014 spinoff of the defense contractor from Exelis Inc., and reduction in staff was estimated to cost Vectrus $2 million in severance expenses. However, the company anticipated an annual $8 million in savings from the realignment, according to a 2016 news release. After the news broke that it had lost the Army contract, Vectrus stock dropped 44 percent to $15.27, but has since rebounded. At close of business on Tuesday, the stock was selling at $23.99, down from its year high of more than $34 before the news broke. “The company’s strengths can be seen in multiple areas, such as its increase in net income, largely solid fi nancial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, it also fi nds weaknesses including weak operating cash flow and poor profit margins,” said an analysis of the value of the stock on thestreet.com.

Colorado Springs Business Journal

NEXT WEEK

TRANSPORTATION/AUTO

SECURESET 4775 Centennial Blvd, Ste. 103 800-445-0024 secureset.net Denver-based firm SecureSet moved to Colorado Springs last year, bringing a community-focused approach to the cybersecurity space. SecureSet Academy, one of its entities, is a comprehensive cybersecurity education program that kicked off its fi rst CORE Technical Bootcamp course this week, and later this month will launch its CORE Technical Bootcamp Program to equip security professionals with basic networking or programming skills. The Department of Veterans Affairs

recently added SecureSet to its list of schools that can obtain GI bill funding from eligible veterans. The academy will launch its new downtown campus in April, and plans to have more than 40 cybersecurity bootcamp graduates, more than 20 local hiring partners and an expanded partnership with UCCS and the National Cybersecurity Center by the end of the year, according to Brad Davis, vice president of marketing and recruiting for SecureSet Academy. “Our Colorado Springs location will serve both the veteran and civilian communities, closing the security skills gap will require full community engagement,” he said. And watch for SecureSet’s Accelerator — expected to come to Colorado Springs in the near future and designed to grow local cybersecurity startups through funding, partnerships and mentorship.

PIKES PEAK COMMUNITY FOUNDATION 102 S. Tejon St., #530 719-389-1251 ppcf.org The nonprofit created a stir last year, selecting a new CEO, eliminating positions and restructuring its model by re-examining 150 of its fiscal sponsorships, partnerships with smaller nonprofits that allowed them to use the foundation to handle administrative and financial back-office work.

POLARIS ALPHA polarisalpha.com At the end of 2016, Colorado Springs-based defense contractor Intelligent Software Solutions announced a newly created company, Polaris Alpha, which was created after its merger with East Coast compa-

DAVITA INC. 2000 16th St., Denver 888-484-7505 davita.com Denver-based DaVita Inc. is gaining ground in the local health care market after purchasing Colorado

nies Proteus and EOIR Technologies. The new business, established through purchases by private equity fi rm Arlington Capital Partners, is designed to be a leading technology, software and solutions provider. Polaris Alpha already employs more than 1,000 people and is currently looking to hire 50 to 100 new employees locally. Officials anticipate revenue to equal more than $250 million this year.

Springs Health Partners in 2014 and last year acquiring Mountain Medical Group, the largest doctor group in southern Colorado. Davita is one of the largest kidney-care companies in the U.S.; the health care giant employs about 1,000 in Denver and plans to create 800 more jobs when it occupies 11 floors at Chestnut Place and 16th Street by 2018, directly across from its headquarters.

If you create a great city for an 8 year old and an 80 year old, you will create a successful city for all people.

GIL PENALOSA A program of

Founder, 8 80 Cities

January 24, 6pm • Cornerstone Arts Center, 825 N. Cascade Ave.

Presenting sponsor

Evening Sponsor

The community foundation, designed to build endowments and serve philanthropists in the community, separated from some of those relationships — but continued to work with them through the transition, connecting them to other resources. Last year the foundation also suspended farming operations at Venetucci Farm, after a public safety concern with tainted water in the region — but confi rmed it wasn’t selling the farm. As of October 2016, the foundation had $63 million in assets, a portion tied to programs it helps facilitate including Venetucci Farms, Aspen Valley Ranch and Pikes Peak Urban Gardens.

Jan. 13 - Jan. 19, 2017

Media sponsor

• Easy on-street parking or in any Colorado College lot (free after 3:30 pm)

Tickets $10 at

www.DowntownCS.com/CityCenter

Save the dates: New Urbanism Film Festival, Feb 27 Placemaking and Public Art, Mar 7 The RiNo Story, Apr 4

Details and tickets: www.DowntownCS.com/CityCenter

14 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

THE LIST: PRIVATE SECTOR EMPLOYERS

Private Sector Employers (Privately-Held)

From The Book of Lists: Power Pages

Ranking information provided by Colorado Springs Chamber & EDC

Name Address Penrose-St. Francis Health Services 2222 N. Nevada Ave. Colorado Springs, CO 80907

Website Phone penrosestfrancis.org 719-776-5000

The Broadmoor 1 Lake Ave. Colorado Springs, CO 80906

broadmoor.com 719-634-7711

United Services Automobile Association 1855 Telstar Dr. Colorado Springs, CO 80920

usaa.com 719-533-8222

Regional policy service, underwriting and claims office for nine states for auto, homeowners, life, annuities, and investments

Peak Vista Community Health Centers 3205 N. Academy Blvd., Ste. 130 Colorado Springs, CO 80917

peakvista.org 719-632-5700

Health centers

EviCore 1575 Garden of the Gods Rd. Colorado Springs, CO 80907

carecorenational.com 800-918-8924

Operations center for diagnostic imaging management company

AspenPointe 525 N. Cascade Ave., Ste. 100 Colorado Springs, CO 80903

aspenpointe.org 719-572-6100

Alorica 6805 Corporate Dr., Ste. 200 Colorado Springs, CO 80919

alorica.com 719-262-5616

Twelve organizations serving more than 30,000 individuals and families each year through services in mental health, substance abuse, employment and career development, education, housing, jail diversion/reintegration, telephonic wellness and provider networks Outsourced customer management solutions

Donâ&#x20AC;&#x2122;t miss The List

Allegion PLC 3899 Hancock Expressway Security, CO 80911

irco.com 719-390-2520

Manufacture and distribute locks and door hardware

Jan. 20: Auto Dealers

Cherwell Software 10125 Federal Dr., Ste. 100 N/A, N/A 80908

cherwell.com 719-386-7000

Information technology service management operations

Current USA Inc. 1005 E. Woodmen Rd. Colorado Springs, CO 80920

currentinc.com 719-534-6363

Paper products including desktop publishing materials

Rank

To purchase your own Book of Lists or the full Private Sector Employers List, call Helen Robinson at 719-634-5905

Jan. 27: Banks Feb. 3: Micro Breweries Feb. 10: COS City Government/El Paso County Government

Primary Products/Services Hospital/healthcare service provider with two hospitals in Colorado Springs, an urgent care facility in Woodland Park and occupational care clinics in Colorado Springs and Pueblo. Visitor and tourist

*Ranked by number of employees. N/A- not available. Please send additions/corrections to helen.robinson@csbj.com.

The Institute of Real Estate Management Southern Colorado Chapter No. 53 presents

the 2017 ECONOMIC FORECAST BREAKFAST

Thursday, January 19, 2017 * Doubletree by Hilton Hotel at Circle and I-25 Featuring Keynote Speaker, Tatiana Bailey

Tatiana Bailey has her Masterâ&#x20AC;&#x2122;s in economics and her doctorate in public health, both from the University of Michigan. In the health care arena, Dr. Bailey has focused on programs that aim to increase access and quality while reducing costs particularly for at-risk populations. She also presents to audiences who wish to be better informed about the general framework of the health care system in the U.S.. In the economic development field, she has focused upon economic growth initiatives primarily through the venues of entrepreneurship and innovation. Currently, she is the Director of the UCCS Economic Forum within the College of Business and serves as an economic development resource to local businesses and government. She aims to inform audiences about our national and local economy as well as participate in initiatives that leverage the region's many assets. Brian Wagner provides specialized brokerage advisory services to institutional property owners and entrepreneurial business

Bruce Betts has been a licensed real estate broker since 1985 and has been the Broker/Owner of RE/MAX Advantage since 1998. Remax Advantage has recently been recognized by Real Trends as one of the Top 500 Real Estate Firms in the U.S. Bruce currently holds Residential Specialist), ABR (Accredited Buyers Representative) and

Schedule: Registration: 7:00 a.m. Breakfast: 7:30 a.m. Program: 8:00-10:00 a.m.

Pricing: $40 per person (until Jan. 18 @ noon) $50 per person (at the door) $400 per table (seats 10) Peak Silver Sponsor - $500 Peak Blue Sponsor - $350 Event Counts as 2 CE Credits

Colorado Springs. Working with a team of highly experienced brokerage professionals at Newmark Grubb Knight Frank, he offers a full range of consulting and marketing services including lease review, property analysis, market positioning, tenant representation and transaction management. He is particularly known for his client-centered focus and his diligent efforts guiding clients to achieve their goals and long-term objectives. Doug Carter specializes in the sale of Colorado multi-family properties for Sperry Van Ness. He is the Colorado Springs market expert with over 30 years of experience in multi-family brokerage, market research and apartment ownership. Carter has sold over one third of all 10+ unit complexes in the Colorado accomplishments include the largest multi-family property sale in Colorado Springs history.

For more details, visit us online at

Colorado Springs Business Journal

Jan. 13 - Jan. 19, 2017

BY THE NUMBERS: CAMA GRANTS CREATE MANUFACTURING GROWTH Information provided by the UCCS College of Business Economic Forum

Many people think that manufacturing’s heyday is over, and that the industry has a greatly diminished role in the economic milieu. This argument says the U.S. has moved from a product-based economy to a more service-based economy. While this is the typical trajectory for a developed country, it is really not that simple. Global trade is the new normal in the 21st century, and approximately 80 percent of trade is in tangible goods, not services, according to the Roosevelt Institute. The truth is that U.S. manufacturing is still relevant, with $1.4 trillion in exports in 2014, which is a four-fold increase during the past 25 years. However, manufacturing today is very different than it was 50 years ago, and that calls for both a better understanding of the modern industry and a more dynamic approach to growth. Looking at our local manufacturing sector, employment went from 18,327 employees in 2005 to 11,623 in 2015, a 37 percent decline. Locally manufacturing ranks ninth in terms of total employment as the first graph illustrates. This ranking — as well as the precipitous decline in the past 10 years — would seem to add credence to the argument that manufacturing is less relevant to the local economy. However, if we look at the contribution of manufacturing to gross metropolitan product, we see it is ranked much higher at fifth (graph 2). Manufacturing contributed almost $2 billion to total GMP in 2012 (the most recent year that the data is available) roughly equal to health care, social assistance and education, which had the No. 1 spot in employment. This may seem contradictory. But because of automation and robotics, manufacturing is not nearly as labor-intensive as it used to be. Hence, it is still a solid player in terms of economic impact. This is beneficial from a trade balance perspective, and it is also beneficial in terms of higher paying jobs. The average salary in El Paso County in 2015 was $45,553, while it was $59,139 in manufacturing. Manufactured goods are typically sold to non-local buyers, which introduce new dollars into our regional economy. Manufacturing also has a high economic multiplier because manufactured goods are often intermediate goods, which create additional jobs to produce a final product. Armed with facts about the importance of manufacturing, many localities have targeted this industry in economic development initiatives. Locally, the Colorado Advanced Manufacturing Alliance, in partnership with Catalyst Campus, provides participating manufacturers with additional support, technical assistance and a collaborative environment. The CAMA-Catalyst partnership has allowed local Department of Defense-related companies to obtain financial assistance from the federal Office of Economic Adjustment. Over the past year, CAMA’s Defense Assistance Program has provided 11 local DoD companies with $15,000 vouchers, which companies can use to help them diversify. For example, TMC Design Corp. is using the funds to commercialize a product originally manufactured for the military. Omitron and Braxton are using the DAP funds to broaden their market bases to include foreign agencies, in conjunction with U.S. governmental goals. Catalyst is engaging the Air Force, Army and other defense agencies to have local manufacturers fulfill military needs. The goal is to capitalize on the strong presence of the military alongside the presence of local manufacturers. Smart communities are pursuing these types of tactics. They recognize manufacturing is a large contributor to a diverse and robust economy, that defense diversification is insurance (against further cutbacks) — and for us specifically, that our military presence offers great potential for technology commercialization. Tatiana Bailey is executive director of the UCCS Economic Forum. She can be reached at tbailey6@uccs.edu.

To receive the monthly four-page dashboard as an Economic Forum sponsor, contact Tatiana Bailey:

tbailey6@uccs.edu or 719-255-3661

Your partner through every new opportunity.

cobizbank.com

Part of CoBiz Bank • Member FDIC

Employment by Sector El Paso County, 2014 Health Care, Social Assistance & EducaEon

20.1%

Military

18.1%

Retail Trade

10.2%

AccommodaEon & Food Services

8.9%

Professional & Technical Services

7.3%

AdministraEve & Waste Services

5.9%

ConstrucEon

4.4%

Public AdministraEon

4.3%

Manufacturing

3.9%

Finance & Insurance

3.8%

Other Services, Ex. Public Admin

3.2%

InformaEon

2.4%

Wholesale Trade

1.6%

Arts, Entertainment & RecreaEon TransportaEon & Warehousing

1.6%

Real Estate, Rental & Leasing UEliEes Management of Companies & Enterprises

1.6% 1.3% 0.8% 0.4%

Agriculture, Forestry, Fishing & HunEng

0.1%

Mining

0.0%

Unclassiﬁed

0.0%

0 10,000 Source: Colorado Department of Labor and Employment

20,000

30,000

40,000

50,000

60,000

70,000

Real GMP Contribu=on by Sector, Colorado Springs MSA, 2014 Finance, Insurance, Real estate, Rental & Leasing Federal military Professional & Business services State & Local Government Manufacturing (2012) Retail trade Health Care, Social Assistance & EducaEon InformaEon Federal Civilian Government ConstrucEon AccommodaEon & Food Services Other Services, Except Government Wholesale Trade TransportaEon & Warehousing Arts, Entertainment & RecreaEon UEliEes Mining (2012) Agriculture, Forestry, Fishing & HunEng

15.0% 14.7% 14.1% 8.0% 7.2% 6.9% 7.6% 5.9% 5.5% 3.8% 3.5% 2.6% 2.5% 1.1% 0.9% 0.7% 0.7% 0.0% $0

$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500

Source: BEA, millions of dollars (inﬂa7on-adjusted to 2009); Manufacturing & Mining data last disclosed in 2012.

16 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

PAID ADVERTISEMENT

Special Communication from the Better Business Bureau of Southern Colorado

Leading a Multi-Generational Workforce Special Commentary by Jonathan Leibert

The workplace of today is changing at a rapid pace. Technology, Social Media, the Internet and Disruptive Innovation are just a few of the key influencers that we hear about on a regular basis that are impacting the marketplace. Another aspect that is quickly becoming an important topic is managing a multi-generational workforce. Theoretically, employers could have employees ranging from ages 18 to 80 in the workplace and a strong business culture that meets the needs of Millennials, Generation X and the Baby Boomers can be a challenge. The range for each generation differs from source to source but according to Forbes, the range for each generation includes the following: Baby Boomers (1948-1963), Generation X (1964-1978) and Millennials (1979-1991). One of the most talked about generations is that of the Millennials who now number 75.4 million in the US, surpassing the 74.9 million Baby Boomers. This generation will soon become the primary consumer of goods and services offered by businesses, as well as the primary employee that makes up the workforce. The US Census Bureau states these numbers will only continue to increase as young immigrants expand their ranks and the population is expected to peak in 2036 at 81.1 million. There are several reasons that businesses are paying close

attention to this generation, one of which being how they spend their money. Per a 2015 study by Cone Communications, 86 percent of Millennials would buy a product with a social or environmental benefit if given the opportunity and 66 percent would take a pay cut to work for a responsible company. 9 out of 10 are more likely to switch brands with a cause and 74 percent will volunteer for a cause supported by a company that they trust. Millennials have many stereotypes associated with them, but regardless of the validity of the labels, businesses as employers need to understand what drives this generation and for many it is based on a sense of purpose. Some of the key findings of what Millennials are looking for in an employer are no surprise—they want good work/life integration, opportunities to progress and be a leader, flexibility with remote working and flexible hours. But there is another key finding from a Deloitte survey stating that nearly nine in ten Millennials (87 percent) believe that “the success of a business should be measured in terms of more than just its financial performance”. It is this sense of “meaning” in their work and the belief that businesses need to be more ethical and society-focused that will not only drive them to make a purchase, but will also have them seek out potential employers that have a higher purpose. To provide more education and valuable information to the business community, the UCCS

Celebrating BBB Accreditation in January

College of Business and Better Business Bureau of Southern Colorado are offering an interactive seminar series entitled Leading the Multi-Generational Workforce. This seminar series is intended for our community business leaders and professionals, as well as Millennials, to enhance their work environments. This 4-part series is a response to the needs voiced by our business community, but why would they engage in this conversation and why should they attend? In a recent research study conducted by Deloitte, “During the next year, if given the choice, one in four Millennials would quit his or her current employer to join a new organization or to do something different. That figure increases to 44 percent when the time frame is expanded to two years. By the end of 2020, two of every three respondents hope to have moved on, while only 16 percent of Millennials see themselves with their current employers a decade from now.” This trend is vastly different from the Baby Boomer generation where, according to a poll conducted by Fortune, 40 percent of Boomers stayed with an employer for 20 years. Please join us for this professional development series as we look at how these generations are redefining the workplace and learn how your business and organization can create a culture that will attract the future workforce. BBB Accredited Businesses receive a 10% discount on registration fees. To learn more, visit bbbsc.org or uccs.edu/business/OPED.

LEADING THE MULTI-GENERATIONAL WORKFORCE

Professional Development Series for the Business Community

Brought to you by the UCCS College of Business and Better Business Bureau of Southern Colorado.

35 YEARS Pikes Peak Towers

25 YEARS Phil Long Kia of Colorado Springs Adams Electric A Complete Reunion, LLC

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Motivating and Retaining a Millennial Workforce Jan. 26, Feb. 2, 9 & 16 • Catalyst Campus, 8:30-10:30am

Marketing to Millennial Customers

Feb. 23 & March 2 • The Penrose House, 8:30-10:30am

Leading a Multi-Generational Workforce

March 9, 16 & 23 • Library 21C Venue Room, 8:30-10:30am

Surviving and Thriving in Your Workplace Environment April 6 & 13 • Red Leg Brewing Company, 3-5pm

For more information and to register, visit uccs.edu/business/OPED or email OPED@uccs.edu ®

(719) 636-1155 or (866) 206-1800 • www.bbb.org/southern-colorado

Colorado Springs Business Journal

Jan. 13 - Jan. 19, 2017

OTHER VOICES

Stormwater infrastructure: In defense of impervious

n several December columns in the Business Journal, Vincent Rusinak makes some interesting observations about stormwater — impervious surface isn’t the total problem; if we redefine the terms, the medicine (both Environmental Protection Agency and Pueblo lawsuits) is more palatable; when it comes time to impose a stormwater fee, M U R R A Y remember not to charge by impervious surface, because it would be unfair. Look at Wikipedia (en.wikipedia.org/wiki/stormwater) and compare it to the city’s defi nition. They are quite similar. “Because impervious surfaces (parking lots, roads, buildings, compacted soil) do not allow rain to infi ltrate into the ground, more runoff is generated than in the undeveloped condition,” the Wikipedia entry reads. “This additional runoff can erode watercourses (streams and rivers), as well as cause flooding after the stormwater collection system is overwhelmed by the additional flow. Because the water is flushed out of the watershed during the storm event, little infi ltrates the soil, replenishes groundwater or supplies stream base flow in dry weather. ... Consequently, these high concentrations of urban runoff result in high levels of pollutants discharged from storm sewers to surface waters. ...” The city’s definition describes the components of stormwater as rain and snow. It has determined that the generators of stormwater runoff are streets, parking areas, rooftops and other developed areas. Our

Bill

city policy is to build and use natural and man-made infrastructure to manage stormwater. What is the difference between a meandering stream and a raging current? Volume. Stormwater, unlike rain water, is any environment that increases the speed of generation of that volume. Impervious surfaces increase flow of that volume, which causes considerable damage if uncontrolled. If I drop 100 gallons of water on my property, it joins the aquifer and over time ends up in the creek. If I drop it on my driveway, it immediately joins the other 100 gallons in each driveway throughout my neighborhood, and heads at great speed toward Fountain and Pueblo. The volume carries considerable stuff with it — which eventually ends up in Fountain and Pueblo, adding both pollution and debris, clogging up their stormwater processes and causing them to sue us. If we add Rusinak’s issue with hail, will it mitigate the outcome? No. His comment that: “This runoff has very little to do with impervious surfaces, and much, much more to do with the total amount of land a person owns, especially when it becomes totally saturated,” misdirects the process and problem. His other misdirects: • The city’s water and wastewater treatment facilities discharge significant amounts of effluent or treated water. (This is normally a controlled flow and works in conjunction with a stormwater plan). • Some of the city’s drainage basins’ headwaters originate outside the city limits. (Yes, but our discharges can be monitored separately.) • During “normal” storm events, not all precipitation

that runs off parking areas, rooftops and other developed land makes its way into the city’s stormwater infrastructure. (I think that is why it’s called “runoff.”) • We should give credit for trees. (Best idea so far.) It is safe to say Rusinek’s concern is for the developers, who have produced massive amounts of impervious surfaces within this community without consequence. The effects of that development are now being assessed by both Pueblo (currently $460 million) and the EPA (First & Main is specifically mentioned in the lawsuit). This is not new. The city had been told of the issues and agreed to mitigate the concerns — but failed to resolve them. So it’s time to manage the consequences. Who pays what? Will the council decide for you? Or will it develop a plan with the mayor and let you decide? The mayor intends for the council to decide. That is why the Taxpayer’s Bill of Rights issue is the only stormwater-related issue on the ballot in April. It is the mayor’s contention that he cannot build a plan or give you a cost estimate without finalizing the EPA suit. The suit compels the city to complete the plan the city devised and agreed to. The EPA will not add a single project. The only real difference will be in the penalty for our noncompliance. However, it has given opportunity for both the Arkansas basin and Pueblo to re-engage at our expense. The longer we drag this out, the worse it will get. Bill Murray, an at-large councilor with the Colorado Springs City Council elected in 2015, can be reached at bmurray@springsgov.com.

It’s time to manage the consequences.

CHI: Changing health landscape creates financial stress From page 1

more challenging almost by the day. Indeed, the health care industry as a whole continues to struggle with many negative pressures in a turbulent environment marked by lower reimbursements and a shift in the fundamental way we deliver care.” CHI, Romano said, continues to highlight several key areas for increased efficiency and reduced costs: labor force, supply chains, administrative overhead, revenue cycles and pharmacy services. “Significant progress has been made in key areas over the last few months,” he said, “and we expect that positive trend to continue as leaders across the enterprise work together to ensure a bright future for CHI.”

ALARMING DECREASE Olga Beck is the Fitch Ratings lead analyst who oversaw CHI’s most recent credit ratings downgrade. Beck said the nonprofit has not yet “turned the corner” regarding its financial statement, which led to the negative outlook. “CHI will need to execute on its performance-improvement plan to reverse the current operating trend and improve profitability and liquidity to maintain the current BBB+ rating,” the Fitch Ratings report said. “Fitch believes that if the system’s strategies are successful, it should be able to deliver a sustainable

CHI BALANCE SHEET — FYE JUNE 30, 2014 July 1, 2013

June 30, 2014

Change

Total Assets:

$6,590,100,034

$8,344,042,829

$1,753,942,795

Total Liabilities:

$7,322,706,897

$9,638,124,695

$2,315,417,798

Fund Balance:

($732,606,863)

($1,294,081,865)

($561,475,002)

Source — GuideStar USA Inc.

[earnings before interest, tax, depreciation and amortization] of above 7 percent (as calculated by Fitch) within the next 12 months,” the report said. “Failure to improve operating performance to levels more consistent with BBB+ category peers and/or a further deterioration in balance sheet metrics will result in a downgrade.” Beck said Fitch wasn’t pleased with CHI’s financial performance. “2016 was still not where we hoped it would be,” she said. “CHI’s debt load was starting to look elevated compared to where its cash flow generation was.” CHI has been more focused on streamlining its Kentucky and Texas operations, Beck said, and some losses were tied to one-time restructuring costs. “If the stress is tempered, they maybe land at BBB+, but there could still be additional actions,” she said. According to Fitch’s analysis, CHI has slightly more than 140 days cash on hand, a significant drop since 2014. As

of last March, that liquidity is “materially weaker than 175 days at [fiscal yearend] 2015 and 198 days at FYE 2014.” That decline is “very significant,” Beck said. “They’ve regained some of that by selling real estate, but again, that is an alarming cash decrease.”

‘ON TRACK’ According to Allan Roth, principal at local investment advisory and financial planning firm Wealth Logic, the bestcase scenario for CHI is more costly construction projects as interest rates on its borrowed funds increase. Worstcase scenario, he says, is bankruptcy. Roth said BBB ratings (BBB- specifically) are the lowest investment grade rating before bonds reach junk status. “Clearly it’s bad news they’re being downgraded to barely above junk status,” he said. “It would be reasonable to conclude that cutting capital expenditures would help shore up financials.”

Beck said it is premature to discuss bankruptcy: “CHI has a lot of assets, some quite good. There’s lots that can be done before we get into bankruptcy and a below-investment grade doesn’t mean bankruptcy. … They can pay off debt year after year to bond holders with a low investment grade.” But the proposed hospital at Fillmore and Centennial could hang in the balance. Roth said CHI’s financials make him “wonder if they’ll go through with it.” While financing comes from CHI, capital improvement project decisions happen at the local level, Romano said. Local officials say both the delayed St. Francis project and new hospital are still planned for the near future. “Centura Health and our sponsor, CHI, are fully committed to the expansion of St. Francis Medical Center,” said Chris Valentine, marketing and communications director for Penrose-St. Francis Health Services. “We are on track to break ground later this spring and complete the approximately $100 million expansion in 2019. The new campus at Fillmore and Centennial is also still on track. For example, we are in the process of purchasing the 28-acre parcel of land that currently houses an asphalt plant on Fillmore. “The completion of that sale will add to the 51-acre site we already own and create a parcel of land approximately 80 acres in size for future development of a world-class health care facility.” CSBJ n

18 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

EXECUTIVE HOMES

Your source for ﬁne homes in the Colorado Springs area.

For more information call 634-5905

The Bobbi Price Team

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Gorgeous 4988 sq. ft. 5 bedroom, 5 bath rancher on corner lot with park across the street. Gourmet island kitchen. See-through gas log fireplace. Spacious master with his & hers closets & 5-piece bath. 4 other BRs (3 with walk-ins & 2 with private baths). Wet bar & pool table. Extensive hardwood flooring. 9’ & 10’ ceilings. A/C. Dual furnaces & humidifiers. 40x13 patio. 25x18 enclosed & tiled front courtyard. 4.5-car garage. Professionally landscaped. Immaculate. Stucco with tile roof. MLS# 9443881

3335 Angelstone Point – Peregrin - $825,000

1043 Greenland Forest Drive – Monument - $579,900

Stunning contemporary 5018 sq. ft. custom walkout rancher on 2.67 acre end of cul de sac ridge top lot with 360 degrees of dramatic city, mountain, & rock formation views. 4 bedrooms, 4 ½ baths. 3-car garage. Gourmet granite & stainless steel island kitchen. Formal dining. Master suite with fireplace, 5-piece bath, balcony, & walk-in closet. Office. 4 fireplaces. Stone & stucco with tile roof. Built around inside 2-story atrium with waterfall & spa. 44x9 trex deck & 30x13 patio. Glass everywhere. Gated entrance. Luxury at its finest. MLS# 1001254

Gorgeous & immaculate 4039 sq. ft. 4 bedroom, 3 bath stone & stucco walkout rancher on 9/10 acre forested private lot. Granite counters in kitchen & all baths. See-through river rock gas log fireplace between bayed eating nook & living room. Hardwood flooring. Updated lighting & hardware. 5-piece master bath. 3-car garage. A/C. Open great room floor plan. Formal dining room. Main level office with glass French doors. Covered front porch, rear deck, & side patio. Towering pines, scrub oak, & wildlife are you only rear neighbors. Show like a model. MLS# 3404436

Meridian Ranch Home Priced Below Market Value! Newly remodeled home. Over 3700SF w/5 bdrms, 4 ba, walk-in closets, 3c gar & fin. bsmt. Meridian Ranch has many fun opportunities that you will have access to. Includes Club House, Golf Course, Pools and a Playground for the kids.

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EMPLOYMENT FARM CREDIT OF SOUTHERN COLORADO is seeking ASSISTANT RELATIONSHIP OFFICER/OPERATIONS SUPPORT Farm Credit of So. Colorado is an agricultural lender that provides financing for farmers, ranchers and agribusiness in So. Colorado. Main Duties and Responsibilities: 1. Responsible for efficient processing & servicing of long-term and/or short-term loans. 2. Responsible for documentation & file preparation of loans, security instruments, closing & booking loans & other servicing actions. 3. Maintains a variety of loan records. 4. Responsible for loan accounting activities, including processing loan payments & cash management at a branch level. 5. Assist the Loan Officer in the loan development process. 6. Responsible for general office tasks as assigned. Min. Qualiﬁcations: Education incl. a H.S. diploma w/courses in business and/or acctg. & a working knowledge of Microsoft Office applications. A thorough knowledge of office practices & procedures as well as loan processing/servicing is desired. Prefer exp. of approx. 1-3 yrs. progressive exp. in a financial institution or related office environment pref. What We Offer: - A competitive base salary & opportunity for an annual team incentive. - 401K w/a possible 9% employer match. - Benefits incl. medical, dental, vision & life ins. options. - Annual leave, sick leave & 10 paid holidays. Interested candidates send resume and cover letter to: Debbie Anderson deborah.anderson@aglending.com

T. Rowe Price seeks a Sr. Programmer Analyst in Colorado Springs, CO to participate in large scale or multiple moderate scale development projects. Create and maintain moderate to highly complex technical solutions based on the translation of functional requirements and unit tests solutions to ensure proper functionality for business use. Develop technical specifications and design documents from which programs and applications are written. Design solutions and estimate the size of the effort required to complete complex, moderate to large scale projects. Diagnose, isolate, and de-bug issues and perform problem resolution. Requires a Master’s degree in Information Technology, Computer Science, Engineering or a related technical field plus two years of experience as a software application developer, or in the alternative requires a Bachelor’s degree in Information Technology, Computer Science or a related technical field plus five years of experience as a software application developer. Requires 2 years of experience with ETL/Informatica Power Center, SDLC projects, developing SQL, Stored Procedures, working with Oracle, UNIX, Windows/UNIX or similar operating systems. Employer requires drug screening/testing, background checks, educational and reference checks. Send resumes to Sr. Recruiter, Job #16556, T. Rowe Price Associates, Inc., 4515 Painters Mill Road, Owings Mills, MD 21117.

T. Rowe Price seeks a Sr. Programmer Analyst in Colorado Springs, CO to participate in large scale or multiple moderate scale development projects. Create and maintain moderate to highly complex technical solutions based on the translation of functional requirements and unit tests solutions to ensure proper functionality for business use. Develop technical specifications and design documents from which programs and applications are written. Design solutions and estimate the size of the effort required to complete complex, moderate to large scale projects. Diagnose, isolate, and de-bug issues and perform problem resolution. Requires a Master’s degree in Information Technology, Computer Science, Engineering or a related technical field plus two years of experience as a software application developer or in the alternative requires a Bachelor’s degree in Information Technology, Computer Science or a related technical field plus five years of experience as a software application developer. Requires two years of experience with Java, J2EE, EJB, JSP, Struts, Spring, Unix, HTML, JavaScript, Rest Web Services and WebSphere. Employer requires drug screening/testing, background checks, educational and reference checks. Send resumes to Sr. Recruiter, Job #16555, T. Rowe Price Associates, Inc., 4515 Painters Mill Road, Owings Mills, MD 21117.

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PUBLIC NOTICES COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601007 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 6, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): 3923 MAIZELAND RD. A, LLC Original Beneficiary(ies): THE BANK AT BROADMOOR Current Holder of Evidence of Debt: NORTHSTAR BANK OF COLORADO F/K/A THE BANK AT BROADMOOR Date of Deed of Trust: June 07, 2010 County of Recording: El Paso Recording Date of Deed of Trust: June 09, 2010 Recording Information (Reception No. and/or Book/Page No.): 210054429 Original Principal Amount: $604,578.00 Outstanding Principal Balance: $506,750.18 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 2, RAKO SUBDIVISION FILING NO. 2, CITY OF COLORADO SPRINGS, COUNTY OF EL PASO, STATE OF COLORADO Also known by street and number as: 3923 MAIZELAND, COLORADO SPRINGS, CO 80909. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/16/2016 Last Publication: 1/13/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/06/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Lyndsay S. Ressler #37015

Ressler Law 30 East Kiowa St., Suite 101 Colorado Springs, CO 80903 (719) 578-0200 Attorney File # 3923_MAIZELAND The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601015 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 7, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): JARED J SANDERS AND ERICA A SANDERS Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR PEOPLES NATIONAL BANK, ITS SUCCESSORS AND ASSIGNS Current Holder of Evidence of Debt: WELLS FARGO BANK, NA Date of Deed of Trust: March 20, 2014 County of Recording: El Paso Recording Date of Deed of Trust: March 20, 2014 Recording Information (Reception No. and/or Book/Page No.): 214022823 Original Principal Amount: $169,900.00 Outstanding Principal Balance: $164,289.19 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 17, EXCEPT THE SOUTHEASTERLY 2 FEET THEREOF AS MEASURED AT RIGHT ANGLES TO AND PARALLEL WITH THE SOUTHEASTERLY LINE THEREOF IN BLOCK 3 IN EASTMORLAND SUBDIVISION NO. 3, EL PASO COUNTY, COLORADO. Also known by street and number as: 832 KINGSLEY DRIVE, COLORADO SPRINGS, CO 80909. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/16/2016 Last Publication: 1/13/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor

20 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

PUBLIC NOTICES Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/07/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: David R. Doughty #40042 JANEWAY LAW FIRM, P.C. 9800 S. Meridian Blvd., Suite 400 Englewood, CO 80112 (303) 706-9990 Attorney File # 16-012731 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601025 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 11, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): THE BOWMAN FAMILY TRUST Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR FIRST CHOICE LOAN SERVICES, INC., ITS SUCCESSORS AND ASSIGNS Current Holder of Evidence of Debt: COLONIAL SAVINGS, F.A. Date of Deed of Trust: April 10, 2014 County of Recording: El Paso Recording Date of Deed of Trust: April 15, 2014 Recording Information (Reception No. and/or Book/Page No.): 214030762 Original Principal Amount: $148,800.00 Outstanding Principal Balance: $145,314.41 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 35, BLOCK 1, STETSON HILLS SUBDIVISION FILING NO. 8, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 6630 HOLT DR, COLORADO SPRINGS, CO 80922. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/16/2016 Last Publication: 1/13/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General

1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/11/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: David R. Doughty #40042 JANEWAY LAW FIRM, P.C. 9800 S. Meridian Blvd., Suite 400 Englewood, CO 80112 (303) 706-9990 Attorney File # 16-012707 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601029 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 12, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): GERALD E COLLINS JR Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR ACADEMY MORTGAGE CORPORATION, ITS SUCCESSORS AND ASSIGNS Current Holder of Evidence of Debt: WELLS FARGO BANK, NA Date of Deed of Trust: August 29, 2012 County of Recording: El Paso Recording Date of Deed of Trust: August 30, 2012 Recording Information (Reception No. and/or Book/Page No.): 212100969 Original Principal Amount: $245,000.00 Outstanding Principal Balance: $227,014.27 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 128 IN RIDGEVIEW AT STETSON HILLS FILING NO. 33, IN THE CITY OF COLORADO SPRINGS, EL PASO COUNTY, COLORADO. Also known by street and number as: 6703 SUMMER GRACE STREET, COLORADO SPRINGS, CO 80923. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/16/2016 Last Publication: 1/13/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE

FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/12/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: David R. Doughty #40042 JANEWAY LAW FIRM, P.C. 9800 S. Meridian Blvd., Suite 400 Englewood, CO 80112 (303) 706-9990 Attorney File # 16-012975 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601032 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 12, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Wendell Taylor and Christine Taylor Original Beneficiary(ies): Mortgage Electronic Registration Systems, Inc., as nominee for Crestone Mortgage Corp., LLC Current Holder of Evidence of Debt: U.S. Bank National Association Date of Deed of Trust: December 19, 2007 County of Recording: El Paso Recording Date of Deed of Trust: December 28, 2007 Recording Information (Reception No. and/or Book/Page No.): 207162886 Original Principal Amount: $171,017.00 Outstanding Principal Balance: $150,843.40 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 18, IN CIMARRON - EASTRIDGE FILING NO. 1, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 1570 Peterson Rd, Colorado Springs, CO 80915. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/16/2016 Last Publication: 1/13/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS.

Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/12/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Erin Robson #46557 McCarthy & Holthus, LLP 7700 E. Arapahoe Road, Suite 230 Centennial, CO 80112 (877) 369-6122 Attorney File # CO-16-748998-LL The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601034 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 12, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Charles D Westphal Original Beneficiary(ies): Wells Fargo Bank, N.A. Current Holder of Evidence of Debt: Wells Fargo Bank, N.A. Date of Deed of Trust: April 20, 2012 County of Recording: El Paso Recording Date of Deed of Trust: April 26, 2012 Recording Information (Reception No. and/or Book/Page No.): 212047479 Original Principal Amount: $111,850.00 Outstanding Principal Balance: $103,278.31 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 4, BLOCK 1, STRATMOOR VILLAGE, EL PASO COUNTY, COLORADO. Also known by street and number as: 613 Crestridge Ave, Colorado Springs, CO 80909. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/16/2016 Last Publication: 1/13/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444

www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/12/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Joan Olson #28078 McCarthy & Holthus, LLP 7700 E. Arapahoe Road, Suite 230 Centennial, CO 80112 (877) 369-6122 Attorney File # CO-16-748740-LL The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015

www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/13/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Joan Olson #28078 McCarthy & Holthus, LLP 7700 E. Arapahoe Road, Suite 230 Centennial, CO 80112 (877) 369-6122 Attorney File # CO-16-749468-LL The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015

COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601037 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 13, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Richard Hart and Angela Hart Original Beneficiary(ies): Mortgage Electronic Registration Systems, Inc., as nominee for First Funding Financial Services, Inc. Current Holder of Evidence of Debt: Wells Fargo Bank, N.A. Date of Deed of Trust: August 18, 2005 County of Recording: El Paso Recording Date of Deed of Trust: August 25, 2005 Recording Information (Reception No. and/or Book/Page No.): 205132445 Original Principal Amount: $167,373.00 Outstanding Principal Balance: $150,010.92 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 8, IN BLOCK 1, IN PASEO ADDITION NO. 6 TO THE CITY OF COLORADO SPRINGS, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 2808 North Circle Drive, Colorado Springs, CO 80909. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/15/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/23/2016 Last Publication: 1/20/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444

COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601041 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 14, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): BEVERLY J. SPICER Original Beneficiary(ies): ENT FEDERAL CREDIT UNION Current Holder of Evidence of Debt: ENT CREDIT UNION Date of Deed of Trust: May 11, 2009 County of Recording: El Paso Recording Date of Deed of Trust: May 18, 2009 Recording Information (Reception No. and/or Book/Page No.): 209054421 Original Principal Amount: $276,000.00 Outstanding Principal Balance: $142,967.52 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 33, BLOCK 6, RUSTIC HILLS NO. 4, IN THE CITY OF COLORADO SPRINGS, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 1911 VAN DIEST ROAD, COLORADO SPRINGS, CO 80915. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/15/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/23/2016 Last Publication: 1/20/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial

Colorado Springs Business Journal

Jan. 13 - Jan. 19, 2017

PUBLIC NOTICES Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/14/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Scott D. Toebben #19011 Randall S. Miller & Associates, P.C. 216 16th Street, Suite 1210 Denver, CO 80202 (720) 259-6710 Attorney File # 16CO00474-1 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601048 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 17, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): RANDALL MCGAW Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., ACTING SOLELY AS NOMINEE FOR ENVOY MORTGAGE, LTD. Current Holder of Evidence of Debt: PENNYMAC LOAN SERVICES, LLC Date of Deed of Trust: February 28, 2013 County of Recording: El Paso Recording Date of Deed of Trust: March 01, 2013 Recording Information (Reception No. and/or Book/Page No.): 213027767 Original Principal Amount: $152,093.00 Outstanding Principal Balance: $116,747.10 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 2, BLOCK 1, NORTHRIDGE FILING NUMBER 1, IN THE CITY OF COLORADO SPRINGS, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 3990 HALF TURN PL, COLORADO SPRINGS, CO 80917. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/15/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/23/2016 Last Publication: 1/20/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov

Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/17/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Monica Kadrmas #34904 Barrett Frappier & Weisserman, LLP 1199 Bannock Street Denver, CO 80204 (303) 350-3711 Attorney File # 00000006354526 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601055 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 18, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): JERROLD B. SPENCER AND TERRI L. SPENCER Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR MORTGAGE SOLUTIONS OF COLORADO, LLC, ITS SUCCESSORS AND ASSIGNS Current Holder of Evidence of Debt: BANK OF AMERICA, N.A. Date of Deed of Trust: January 21, 2009 County of Recording: El Paso Recording Date of Deed of Trust: February 05, 2009 Recording Information (Reception No. and/or Book/Page No.): 209011570 Original Principal Amount: $185,999.00 Outstanding Principal Balance: $164,869.78 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 28 IN BLOCK 1 IN PASEO ADDITION NO. 6 TO THE CITY OF COLORADO SPRINGS, COUNTY OF EL PASO, STATE OF COLORADO Also known by street and number as: 2512 PRAIRIE RD., COLORADO SPRINGS, CO 80909. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/15/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/23/2016 Last Publication: 1/20/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor

Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/18/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: David R. Doughty #40042 JANEWAY LAW FIRM, P.C. 9800 S. Meridian Blvd., Suite 400 Englewood, CO 80112 (303) 706-9990 Attorney File # 16-012391 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601059 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 19, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Jean M. Dole Original Beneficiary(ies): Colorado Springs Savings and Loan Association Current Holder of Evidence of Debt: Bayview Loan Servicing, LLC Date of Deed of Trust: January 24, 1996 County of Recording: El Paso Recording Date of Deed of Trust: January 31, 1996 Recording Information (Reception No. and/or Book/Page No.): 96012356 Book: 6811 Page: 518 Original Principal Amount: $64,000.00 Outstanding Principal Balance: $16,697.27 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 43, BLOCK 1, CONSTITUTION HILLS NORTH FILING NO. 1, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK Y-3 AT PAGE 25, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 6256 Chantilly Place, Colorado Springs, CO 80922. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/15/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/23/2016 Last Publication: 1/20/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor

Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/19/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Karen J. Radakovich #11649 Frascona Joiner Goodman and Greenstein PC 4750 Table Mesa Dr. Boulder, CO 80305-5500 (303) 494-3000 Attorney File # 7192-9190 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601060 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 19, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Frederick S Platt Jr Original Beneficiary(ies): Mortgage Electronic Registration Systems, Inc., as nominee for First Horizon Home Loans, a division of First Tennessee Bank, N.A. Current Holder of Evidence of Debt: Federal National Mortgage Association (“Fannie Mae”), a corporation organized and existing under the laws of the United States of America Date of Deed of Trust: August 24, 2007 County of Recording: El Paso Recording Date of Deed of Trust: August 28, 2007 Recording Information (Reception No. and/or Book/Page No.): 207112717 Original Principal Amount: $174,500.00 Outstanding Principal Balance: $157,032.76 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 10, BLOCK 1, STETSON HILLS SUBDIVISION, FILING NO. 4, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 4740 Dapple Grey Lane, Colorado Springs, CO 80923. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/15/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/23/2016 Last Publication: 1/20/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING

OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/19/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Joan Olson #28078 McCarthy & Holthus, LLP 7700 E. Arapahoe Road, Suite 230 Centennial, CO 80112 (877) 369-6122 Attorney File # CO-16-703140-JS The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601077 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 26, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Carlene N A Francis Original Beneficiary(ies): Mortgage Electronic Registration Systems, Inc., acting solely as nominee for Bay Equity LLC Current Holder of Evidence of Debt: RoundPoint Mortgage Servicing Corporation Date of Deed of Trust: February 10, 2015 County of Recording: El Paso Recording Date of Deed of Trust: February 20, 2015 Recording Information (Reception No. and/or Book/Page No.): 215015941 Original Principal Amount: $364,000.00 Outstanding Principal Balance: $359,111.02 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 3, BLOCK 14, BANNING LEWIS RANCH FILING NO. 5, COUNTY OF EL PASO, STATE OF COLORADO Also known by street and number as: 7293 Cottonwood Tree Dr, Colorado Springs, CO 80927. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 02/22/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 12/30/2016 Last Publication: 1/27/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING

OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/26/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Marcello G. Rojas #46396 Klatt, Augustine, Sayer, Treinen & Rastede, P.C. 9745 E. Hampden Ave., Suite 400 Denver, CO 80231 (303) 353-2965 Attorney File # CO160199 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601086 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 28, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Jerry M. Raider and Deaion Oakley Original Beneficiary(ies): Empire Mortgage Corporation Current Holder of Evidence of Debt: The Bank of New York Mellon, f/k/a The Bank of New York, as trustee for the certificateholders of the CWABS, Inc. AssetBacked Certificates Series 2006-5 Date of Deed of Trust: December 13, 2005 County of Recording: El Paso Recording Date of Deed of Trust: December 28, 2005 Recording Information (Reception No. and/or Book/Page No.): 205203518 Original Principal Amount: $154,400.00 Outstanding Principal Balance: $164,366.50 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 9 IN BLOCK 1, SUNSET PARK ADDITION, IN THE CITY OF COLORADO SPRINGS, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK X AT PAGE 20, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 2545 Lelaray Street, Colorado Springs, CO 80909. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/01/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/6/2017 Last Publication: 2/3/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A

22 Jan. 13 - Jan. 19, 2017

Colorado Springs Business Journal

PUBLIC NOTICES COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/28/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Susan J. Hendrick #33196 Klatt, Augustine, Sayer, Treinen & Rastede, P.C. 9745 E. Hampden Ave., Suite 400 Denver, CO 80231 (303) 353-2965 Attorney File # CO160122 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601092 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 31, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): THOMAS M AUCKLAND Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR M&T MORTGAGE CORPORATION, ITS SUCCESSORS AND ASSIGNS Current Holder of Evidence of Debt: WELLS FARGO BANK, N.A. Date of Deed of Trust: November 15, 2006 County of Recording: El Paso Recording Date of Deed of Trust: November 20, 2006 Recording Information (Reception No. and/or Book/Page No.): 206169425 Original Principal Amount: $168,000.00 Outstanding Principal Balance: $147,322.18 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 17, EXCEPT THE NORTHERLY 7 FEET AS MEASURED AT RIGHT ANGLES TO AND PARALLEL WITH THE NORTHERLY LINE THEREOF, BLOCK 5, NORTHGLEN PARK SUBDIVISION, FILING NO. 4, CITY OF COLORADO SPRINGS, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 1538 ZAIGER PLACE, COLORADO SPRINGS, CO 80915. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/01/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/6/2017 Last Publication: 2/3/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED;

IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/31/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Nicholas H. Santarelli #46592 JANEWAY LAW FIRM, P.C. 9800 S. Meridian Blvd., Suite 400 Englewood, CO 80112 (303) 706-9990 Attorney File # 16-013215 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601095 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On October 31, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Keith E McCullough Original Beneficiary(ies): Mortgage Electronic Registration Systems, Inc., as nominee for HomeAmerican Mortgage Corporation Current Holder of Evidence of Debt: Wells Fargo Bank, N.A. Date of Deed of Trust: September 29, 2010 County of Recording: El Paso Recording Date of Deed of Trust: October 01, 2010 Recording Information (Reception No. and/or Book/Page No.): 210098083 Original Principal Amount: $311,904.00 Outstanding Principal Balance: $279,053.23 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 4, BLOCK 1, BANNING LEWIS RANCH FILING NO. 7, COUNTY OF EL PASO, STATE OF COLORADO Also known by street and number as: 6628 Big Leaf Lane, Colorado Springs, CO 80927. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/01/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/6/2017 Last Publication: 2/3/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A

LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 10/31/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Erin Robson #46557 McCarthy & Holthus, LLP 7700 E. Arapahoe Road, Suite 230 Centennial, CO 80112 (877) 369-6122 Attorney File # CO-16-750552-LL The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601104 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On November 2, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Gary L. Marshall and Ninfa J. Marshall Original Beneficiary(ies): U.S. Bank National Association ND Current Holder of Evidence of Debt: U.S. Bank National Association Date of Deed of Trust: January 17, 2007 County of Recording: El Paso Recording Date of Deed of Trust: January 24, 2007 Recording Information (Reception No. and/or Book/Page No.): 207011056 Original Principal Amount: $315,000.00 Outstanding Principal Balance: $312,235.90 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 12, IN WAGON TRAILS SUBDIVISION FILING NO. 17, IN THE CITY OF COLORADO SPRINGS, EL PASO COUNTY, COLORADO, ACCORDING TO THE PLAT THEREOF RECORDED FEBRUARY 15, 2001 AT RECEPTION NO. 201018821. Also known by street and number as: 5159 Spoked Wheel Dr, Colorado Springs, CO 80923. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/01/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/6/2017 Last Publication: 2/3/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED;

IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 11/02/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Eve Grina #43658 McCarthy & Holthus, LLP 7700 E. Arapahoe Road, Suite 230 Centennial, CO 80112 (877) 369-6122 Attorney File # CO-16-751259-LL The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601106 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On November 2, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Daniel Ridings Original Beneficiary(ies): Mortgage of Electronic Registration System, Inc., as nominee for Countrywide Bank, FSB Current Holder of Evidence of Debt: Federal National Mortgage Association (“Fannie Mae”), a corporation organized and existing under laws of the United States of America Date of Deed of Trust: August 31, 2007 County of Recording: El Paso Recording Date of Deed of Trust: September 19, 2007 Recording Information (Reception No. and/or Book/Page No.): 207121906 Original Principal Amount: $167,000.00 Outstanding Principal Balance: $182,283.24 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 20, IN BLOCK 19, IN AUSTIN ESTATES SUBDIVISION NO. 2, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 1212 Wynkoop Drive, Colorado Springs, CO 80909. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/01/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/6/2017 Last Publication: 2/3/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY

THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 11/02/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Erin Robson #46557 McCarthy & Holthus, LLP 7700 E. Arapahoe Road, Suite 230 Centennial, CO 80112 (877) 369-6122 Attorney File # CO-16-750395-LL The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601111 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On November 3, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): JULIE ANN MCRAE Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR PEOPLES MORTGAGE CORPORATION, ITS SUCCESSORS AND ASSIGNS Current Holder of Evidence of Debt: WELLS FARGO BANK, NA Date of Deed of Trust: August 22, 2011 County of Recording: El Paso Recording Date of Deed of Trust: September 10, 2011 Recording Information (Reception No. and/or Book/Page No.): 211087542 Original Principal Amount: $160,792.00 Outstanding Principal Balance: $146,832.41 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 83, CENTURY COMMUNITIES AT NOR’WOOD FILING NO.1, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 4217 PINE LAKE POINT, COLORADO SPRINGS, CO 80923. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/13/2017 Last Publication: 2/10/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO

FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 11/03/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Elizabeth S. Marcus #16092 JANEWAY LAW FIRM, P.C. 9800 S. Meridian Blvd., Suite 400 Englewood, CO 80112 (303) 706-9990 Attorney File # 16-013273 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601113 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On November 3, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): R. A. KIRK AND PAULINE L. KIRK Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC., ACTING SOLELY AS NOMINEE FOR CHERRY CREEK MORTGAGE CO., INC. Current Holder of Evidence of Debt: PENNYMAC LOAN SERVICES, LLC Date of Deed of Trust: September 04, 2014 County of Recording: El Paso Recording Date of Deed of Trust: September 16, 2014 Recording Information (Reception No. and/or Book/Page No.): 214084332 Original Principal Amount: $166,000.00 Outstanding Principal Balance: $161,513.33 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 33, EXCEPT THE EAST 25 FEET THEREOF, IN BLOCK 8, BELLEVILLE ADDITION TO THE CITY OF COLORADO SPRINGS, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 2306 NORTH UNION BOULEVARD, COLORADO SPRINGS, CO 80909. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/13/2017 Last Publication: 2/10/2017 Name of Publication: Colorado Springs Business Journal

Colorado Springs Business Journal

Jan. 13 - Jan. 19, 2017

PUBLIC NOTICES IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 11/03/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Weldon P. Phillips Jr. #31827 Barrett Frappier & Weisserman, LLP 1199 Bannock Street Denver, CO 80204 (303) 350-3711 Attorney File # 00000006355713 The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601117 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On November 4, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): KEVIN D. PRIOR AND KEETA M. PRIOR Original Beneficiary(ies): MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. AS NOMINEE FOR GUARANTEED RATE, INC., ITS SUCCESSORS AND ASSIGNS Current Holder of Evidence of Debt: DITECH FINANCIAL LLC Date of Deed of Trust: December 11, 2006 County of Recording: El Paso Recording Date of Deed of Trust: December 28, 2006 Recording Information (Reception No. and/or Book/Page No.): 206187348 Original Principal Amount: $154,400.00 Outstanding Principal Balance: $159,310.80 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 175, NORTHCREST FILING NO. 3, EL PASO COUNTY, COLORADO, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK U-3 AT PAGE 45. Also known by street and number as: 2166 ALLYN WAY, COLORADO SPRINGS, CO 80915. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/13/2017 Last Publication: 2/10/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY

COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601119 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On November 4, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Barton Cody Hutson and Jennifer Lynne Hutson Original Beneficiary(ies): Mortgage Electronic Registration Systems, Inc., as nominee for Cherry Creek Mortgage Co., Inc. Current Holder of Evidence of Debt: Wells Fargo Bank, N.A. Date of Deed of Trust: October 27, 2011 County of Recording: El Paso Recording Date of Deed of Trust: October 28, 2011 Recording Information (Reception No. and/or Book/Page No.): 211105953 Original Principal Amount: $180,805.00 Outstanding Principal Balance: $165,997.12 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 27, NORTH RANGE AT SPRINGS RANCH FILING NO. 7, COUNTY OF EL PASO. STATE OF COLORADO. Also known by street and number as: 7318 Far Hill Drive, Colorado Springs, CO 80922. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/13/2017 Last Publication: 2/10/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A

COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601125 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On November 9, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): Kathryn M Germany Original Beneficiary(ies): Mortgage Electronic Registration Systems, Inc., as nominee for Caliber Home Loans, Inc. Current Holder of Evidence of Debt: Caliber Home Loans, Inc. Date of Deed of Trust: June 30, 2015 County of Recording: El Paso Recording Date of Deed of Trust: July 01, 2015 Recording Information (Reception No. and/or Book/Page No.): 215069331 Original Principal Amount: $159,744.00 Outstanding Principal Balance: $157,427.11 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 3, BLOCK 2, COACHMAN TOWNHOMES SUBDIVISION, IN THE CITY OF COLORADO SPRINGS, COUNTY OF EL PASO, STATE OF COLORADO. Also known by street and number as: 2027 Sussex Lane, Colorado Springs, CO 80909-1524. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/13/2017 Last Publication: 2/10/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A

COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General 1300 Broadway, 10th Floor Denver, Colorado 80203 (800) 222-4444 www.coloradoattorneygeneral.gov Federal Consumer Financial Protection Bureau P.O. Box 4503 Iowa City, Iowa 52244 (855) 411-2372 www.consumerfinance.gov DATE: 11/09/2016 Thomas S. Mowle, Public Trustee in and for the County of El Paso, State of Colorado By: Thomas S. Mowle, Public Trustee The name, address, business telephone number and bar registration number of the attorney(s) representing the legal holder of the indebtedness is: Eve Grina #43658 McCarthy & Holthus, LLP 7700 E. Arapahoe Road, Suite 230 Centennial, CO 80112 (877) 369-6122 Attorney File # CO-16-749303-LL The Attorney above is acting as a debt collector and is attempting to collect a debt. Any information provided may be used for that purpose. ©Public Trustees’ Association of Colorado Revised 1/2015 COMBINED NOTICE - PUBLICATION CRS §38-38-103 FORECLOSURE SALE NO. EPC201601128 To Whom It May Concern: This Notice is given with regard to the following described Deed of Trust: On November 9, 2016, the undersigned Public Trustee caused the Notice of Election and Demand relating to the Deed of Trust described below to be recorded in the County of El Paso records. Original Grantor(s): GEORGE E SCHNEPP AND KIMBERLY A SCHNEPP Original Beneficiary(ies): WELLS FARGO BANK, N.A. Current Holder of Evidence of Debt: WELLS FARGO BANK, N.A. Date of Deed of Trust: February 26, 2010 County of Recording: El Paso Recording Date of Deed of Trust: March 01, 2010 Recording Information (Reception No. and/or Book/Page No.): 210018298 Original Principal Amount: $216,450.00 Outstanding Principal Balance: $189,735.99 Pursuant to CRS §38-38-101(4)(i), you are hereby notified that the covenants of the deed of trust have been violated as follows: failure to pay principal and interest when due together with all other payments provided for in the evidence of debt secured by the deed of trust and other violations thereof. THE LIEN FORECLOSED MAY NOT BE A FIRST LIEN. LOT 59 IN STETSON HILLS SUBDIVISION FILING NO. 20, EL PASO COUNTY, COLORADO. Also known by street and number as: 5360 BLACKCLOUD LOOP, COLORADO SPRINGS, CO 80922. THE PROPERTY DESCRIBED HEREIN IS ALL OF THE PROPERTY CURRENTLY ENCUMBERED BY THE LIEN OF THE DEED OF TRUST. NOTICE OF SALE The current holder of the Evidence of Debt secured by the Deed of Trust, described herein, has filed Notice of Election and Demand for sale as provided by law and in said Deed of Trust. THEREFORE, Notice Is Hereby Given that I will at public auction, at 10:00 on Wednesday, 03/08/2017, at Robert Russel Building, 105 East Vermijo, Suite 120, Colorado Springs, Colorado, 80903, sell to the highest and best bidder for cash, the said real property and all interest of the said Grantor(s), Grantor(s)’ heirs and assigns therein, for the purpose of paying the indebtedness provided in said Evidence of Debt secured by the Deed of Trust, plus attorneys’ fees, the expenses of sale and other items allowed by law, and will issue to the purchaser a Certificate of Purchase, all as provided by law. First Publication: 1/13/2017 Last Publication: 2/10/2017 Name of Publication: Colorado Springs Business Journal IF THE SALE DATE IS CONTINUED TO A LATER DATE, THE DEADLINE TO FILE A NOTICE OF INTENT TO CURE BY THOSE PARTIES ENTITLED TO CURE MAY ALSO BE EXTENDED; IF THE BORROWER BELIEVES THAT A LENDER OR SERVICER HAS VIOLATED THE REQUIREMENTS FOR A SINGLE POINT OF CONTACT IN SECTION 3838-103.1 OR THE PROHIBITION ON DUAL TRACKING IN SECTION 38-38103.2, THE BORROWER MAY FILE A COMPLAINT WITH THE COLORADO ATTORNEY GENERAL, THE FEDERAL CONSUMER FINANCIAL PROTECTION BUREAU (CFPB), OR BOTH. THE FILING OF A COMPLAINT WILL NOT STOP THE FORECLOSURE PROCESS. Colorado Attorney General

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Colorado Springs Business Journal

PAID ADVERTISEMENT

COLORADO SPRINGS

CONVENTION & VISITORS BUREAU WE BRING MORE PEOPLE TO COLORADO SPRINGS AT PIKES PEAK

project

PAID TIME OFF 55% of American workers left a total of 658 million vacation days unused in 2015

TOP INFLUENCERS for taking time off 24%

boss

23%

family

65%

would take more time off if they felt more supported by their boss

hear nothing or get mixed messages about taking time off

80%

ECONOMIC BENEFITS

Higher productivity & performance at work

1.2 million new jobs

$160 billion in additional business sales

PERSONAL BENEFITS Strengthens mental and physical health Improves relationships & social life Increases happiness

AMERICA'S LOST WEEK After the hustle and bustle of the holidays, the last thing on people’s minds is planning their next vacation, but it should be the first.

Since 2000, vacation usage has been steadily declining. Americans leave 658 million vacation days unused each year, almost a full week less compared to the pre-2000 average. The growing stockpile of unused paid leave threatens workers’ productivity, creativity and energy, directly affecting the bottom line of American businesses. It’s time to take back America’s Lost Week. January 31st is National Plan for Vacation Day. Launched by Project: Time Off, the day is an opportunity to rally around the business and personal benefits of using every second of paid leave. Shifting our country’s overworked and overconnected culture means less stress and a clear correlation to happiness. Summit a Fourteener. Raft a rocky gorge. Hike a Colorado gem. Whatever it happens to be, make plans to cross it off your bucket list. 1. Confirm your paid leave days for 2017 2. Grab a calendar 3. Start daydreaming and planning 4. Spread the word #PlanForVacation The last Tuesday of January is the perfect time to stop making excuses and start making plans. Join the #PlanForVacation movement and get back your share of America’s Lost Week.

MORE INFO

visitcos.com/vacation