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Colorado - Mon. 11/09/26 |
A Free Business Publication from Alpine Bank
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FOUR CORNERS REPORT: ROADS CLOSED, TRAVEL TO/FROM PAGOSA SPRINGS DIFFICULT
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The flooding across the Four Corners region came as more than 20 trillion gallons of rain fell on the Southwest in a two-week period, according to calculations by former National Oceanic and Atmospheric Administration chief scientist Ryan Maue. Scientists say that extraordinary precipitation may be linked to a supercharged El Niño, the natural warming cycle in the Pacific Ocean that is making heavy rains more common across the region. The San Juan surged to 16.8 feet, just shy of the 17.8-foot record set in 1911. The Animas River, which snakes through Durango, rose from about 4.5 feet on Sunday morning to a peak of almost 9 feet on Monday morning, with the flow rate exploding from 1,290 cubic feet per second to 13,000 cubic feet per second.
Archuleta County officials estimated the flood damaged more than 800 structures, including some 540 homes, and said the recovery could take years. The result of the damaging flooding was massive destruction and impairment of roads and highways in the Four Corners. Drivers and southern Colorado residents should expect two main highways to remain closed for an extended period of time after back-to-back floods damaged or destroyed parts of the roadways earlier this week, state transportation officials said Thursday.
These are among the closures:
- Colorado 151 is closed south of Chimney Rock
- Two stretches of US 160, both east and west of Pagosa Springs, were closed as of Saturday, according to the Colorado Dept. of Transportation. The agency has not provided a timeline for when the roads will reopen.
- The only way in and out of Pagosa Springs is via U.S. 84, which will route drivers through New Mexico, significantly increasing travel times. That highway was also damaged in the floods, and two areas were being repaired and stabilized, CDOT officials said. Drivers will encounter flagging personnel, or temporary light signals guiding traffic.
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DENVER PLANNING & DEVELOPMENT WILL USE AI TO EXPEDITE REVIEWS
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Last week, the city of Denver Community Planning and Development and the Denver Permitting Office unveiled the StartSmart: Application Intake Assistant tool this morning, with a new website and full capabilities for residential and commercial permit applications as well as site development plans. The artificial intelligence tool is designed to decrease time spent on permitting intake and was developed after staff and customers both cited the need for more clarity with the city's submittal requirements as well as the need to improve the quality of initial applications. The goal is for customers to benefit from the tool because they won't have to waste days waiting for city staff to have time to review their application only to discover a missing signature or other minor technicality that needs to be addressed before a review actually takes place.
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LEGENDARY AMERICAN BIRKEBEINER COMING TO COLORADO
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For more than 50 years, Wisconsin has been known as of the Rockies to launch Birkie West at Snow Mountain Ranch. The inaugural event will include youth competitions, equipment demos, an expo and competitive 21-kilometer and 42-kilometer skate races. The first Birkie West will feature skate skiing only, with 21K and 42K courses on Saturday, Jan. 23. The 42K will use a looped course, similar to the format of the ranch’s 50K Stampede race. Organizers hope to attract about 500 racers in the first year (the American Birkebeiner has 12,000 annually) but see room to grow well beyond that. The goal is to make the event about more than competition, with youth races, equipment demonstrations and an expo bringing together racers, recreational skiers and families.
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LOVELAND & COPPER MOUNTAIN BOTH OPENED OVER THE WEEKEND
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As ski areas across the state scrambled to open for the 2026-27 ski season, with warm nights limiting snowmaking and natural snowfall varying from 2 inches to 8 inches, Loveland Ski Area, which is a traditionally an early-opening area, started running lifts on Saturday, Nov. 7 and will continue to operate Monday through Friday from 9 a.m. to 4 p.m. and weekends from 8:30 a.m. to 4 p.m. Loveland, which has roots dating back to the 1930s, offered $60 lift tickets to celebrate 60 years of snowmaking there.
On Sunday, after cancelling its scheduled opening on Friday, Copper Mountain Resort opened. American Eagle lift in Center Village began running at 9 a.m. Sunday, offering access to intermediate terrain using Rhapsody, Fair Play and Main Vein trails. There will also be a hike-to terrain park at the top of the American Eagle lift. Now, with the resort open for the season, Copper Mountain is looking forward to hosting a World Cup event later this month. The Stifel Copper Cup from Nov. 28-29 will have free concerts and celebrations. Festivities kick off Friday, Nov. 27. The resort’s annual Snowsation event has been rescheduled to Saturday, Dec. 5. It will bring free live music and entertainment to Eagle’s Landing in Center Village. Toyota U.S. Grand Prix will also return to Copper Mountain from Dec. 17–20, featuring the world’s best halfpipe skiers and snowboarders.
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WESTERN COLORADO COMMUNITY FOUNDATION PROVIDES $82,500 IN GRANTS
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The Western Colorado Community Foundation (WCCF) on Friday, Nov. 6, awarded a total of $82,500 in grants to 13 outdoor and nature projects through its CORE (Conservation, Outdoor Recreation and Environment) Giving Circle.
Grant recipients are:
- Aspen Valley Land Trust, for Silt River Preserve habitat restoration
- Center for Snow and Avalanche Studies, for dust-on-snow and hydroclimate monitoring
- Colorado Canyons Association, for the Canyon Club
- Colorado Pheasants and Quail Forever, for Snyder Wildfire restoration
- D51 Foundation, for Mesa County Valley School District 51’s Outdoor Wilderness Lab (OWL)
- EUREKA! McConnell Science Museum, for environmental and outdoor education for Spanish-speaking families
- National Forest Foundation, for a Lands End Observatory infrastructure update
- Partners Youth Mentoring of Delta, Montrose and Ouray, for Adventure Partners
- RiversEdge West, for the River Stewardship and Education Program
- Riverside Education Centers, for Seeds to Summits: Planting Opportunities for Outdoor Student RECreation
- Colorado Mesa University’s Ruth Powell Hutchins Water Center, for the Colorado Water Fellows Program
- Two Rivers Wildfire Coalition, for the Neighborhood Ambassador Program
- Western Slope Conservation Center, for The Next 25 Years of River Watch
The CORE Giving Circle has been active since 2019, bringing together donors who care about the region’s lands and waters to invest in grants for projects focused on conservation, restoration, recreation and environmental stewardship.
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MESA COUNTY WOMEN’S GIVING CLUB GIVES OUT ITS MILLIONTH DOLLAR
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It began 12 years ago when eight women in Mesa County decided to fund a philanthropic giving program by meeting together and each donating $100 per meeting and then selecting a local nonprofit to give a donation. Now, there are more than 300 members of the Women’s Giving Club, and they meet four times a year, with each club member still contributing $100 per meeting. At each meeting, each member nominates an eligible local nonprofit and then three nominations are blindly drawn, and each nominator gives a two-minute presentation on the importance and financial need of the nonprofit they picked. Then for each selected nominee, up to three members can make a one-minute speech in support.
A vote is taken with each member voting for one of the three. The winner is announced and presented with a check. On Monday, Nov. 2, when the Mesa County Women’s Giving Club met and presented a check to Foster Alumni Mentors (FAM), as well a ceremonial check representing its millionth dollar donated by the club. To learn more about the Mesa County Women’s Giving Club, visit gjgivingclub.org.
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MONTROSE COMMUNITY DINNERS NEEDS VOLUNTEERS FOR THANKSGIVING
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Montrose Community Dinners will provide a free Thanksgiving Day dinner, which will be the 32nd year there has been a community dinner on Thanksgiving Day in Montrose. With just three weeks to go Montrose Community Dinners is seeking volunteers, especially those who can help with tear down and clean up after the meal…and, of course, donations are needed. Bobbie Kuns, president of the Montrose Community Dinners, said the organization will provide some 4,000 meals at a cost of $40,000 to put on the free dinner. Community Dinners usually needs about 400 volunteers to do prep work starting the weekend before Thanksgiving; to serve meals at Friendship Hall; take care of pies, drinks, recycling, table busing, entertainment, clean up, delivery driving and more.
People can volunteer as individuals, or as part of families, private groups, businesses, churches...all are welcome. People can check out volunteer positions and commit to them at montrosecommunitydinners.com, and those who are so inclined can also make donations online. Donations may also be mailed to Montrose Community Dinners, Inc., P.O. Box 3540, Montrose CO 81402-3540.
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EAGLE WATER & SANITATION TO RAISE RATES TO COVER INFRASTRUCTURE PROJECTS
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Last month, the Eagle River Water & Sanitation District’s board of directors approved an increase in the rates for water and wastewater services beginning with the January 2027 billing to cover the upfront costs of upgrading aging critical infrastructure projects. The increases are designed to make the necessary improvements with issuing bonds and increasing the debt load of the district. The district's infrastructure is the sixth largest among the state's water/wastewater providers because of the county's mountainous terrain and assembling of multiple independent systems into one combined regional utility. The majority of that patched-together infrastructure, according to ERWSD officials, is 50 to 60 years old. Next year’s rate increases for typical residential customers, who comprise about 83 percent of the utility’s water users, will be between 7 percent and 10 percent depending on location.
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ECONOMY SHOWS MORE STRENGTH: 165,000 JOBS ADDED, UNEMPLOYMENT RATE DROPS
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The U.S. economy added jobs at a much stronger-than-expected pace in October, while the unemployment rate moved lower as the labor market showed surprising strength. Nonfarm payrolls increased by a seasonally adjusted 165,000 for the month, compared with the Dow Jones estimate for 59,000, the Bureau of Labor Statistics reported Friday. The unemployment rate slipped down to 4.1 percent, compared with the forecast for 4.2 percent. In addition to the strong payroll gains for October, prior months were revised up substantially: The August figure moved to 186,000, an upward revision of 53,000, while the September count shifted to 60,000 following an upward revision of 31,000.
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PRIVATE COMPANIES ADDED 86,000 JOBS IN OCTOBER, SLIGHTLY HIGHER THAN EXPECTED
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Private sector job growth held steady in October, with gains spread across sectors, as the labor market showed fresh signs of stabilization, ADP reported Wednesday. The payroll processing firm said companies added 86,000 jobs during the month, the same as the downwardly revised total for September and slightly ahead of the Dow Jones estimate for 75,000. Employment gains came mainly in the service sector.
- Trade, transportation and utilities led with 39,000 new jobs, while education and health services added 28,000, and leisure and hospitality contributed 19,000.
- Other sectors showing gains included financial activities (15,000), construction (13,000), and other services (10,000).
- However, some of the gains were offset by a decline of 27,000 in professional and business services and a loss of 8,000 in natural resources and mining.
- Information services, a sector potentially impacted by the artificial intelligence buildout, lost 2,000 jobs.
- Salaries continued to show gains, particularly for those changing jobs — those workers saw a 4.8 percent annual gain. A report Tuesday from the Bureau of Labor Statistics showed that the number of people quitting their job, a sign of labor market mobility, hit its highest level since March 2025.
- Workers overall saw a 3.2 percent base pay gain, while gross pay increased 4.7 percent annually. Pay for those staying in their jobs rose 3 percent.
- Companies with between 50 and 499 workers added 33,000 jobs. Large businesses added 24,000, while small firms increased rolls by 28,000.
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COLORADO'S NIGHT SKIES TO FEATURE 'CAN'T MISS CELESTIAL EVENT,' MULTIPLE METEOR SHOWERS & A SUPERMOON
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With four meteor showers, a supermoon and more, the night sky will be full of wonder this November. Colorado’s mountain communities offer great opportunities for stargazing, since the tall peaks help block light pollution. Dark Sky International officially recognizes more than 20 places in Colorado, including towns like Frisco, Breckenridge, Old Snowmass, Ridgway, Westcliffe and Silver Cliff, as well as state parks and national parks, for the quality of their stargazing opportunities.
Here’s what stargazers should look for this month:
- Northern Taurid Meteor Shower: The Northern Taurid Meteor Shower is a “can’t miss celestial event” this year. The meteor shower will peak on the night of Nov. 12, offering shooting stars from sunset through sunrise. Since the peak of the Northern Taurid Meteor Shower coincides with a crescent moon that sets early in the evening, meteors should shine bright against the dark sky.
There are three other meteor showers this month in November, though these could see interference from moonlight:
- The Leonid Meteor Shower, which peaks on the night of Nov. 17, is expected to offer between 10 and 15 meteors per hour, but the moon will be two-thirds full that night so the fainter shooting stars may not be visible. The best time to see this meteor shower is expected to be around 11 p.m.
- The Alpha-Monocerotids Meteor Shower will peak on the night of Nov. 21, though it’s one for the “late-night owl” or earliest of birds since it is expected to be best around 4 a.m. on the morning of Nov. 22. It may be harder to see because it is an “ambiguous” shower with meteors that appear in bursts, rather than throughout the night. The moon will also be more than 90 percent full that night.
- November Orionid Meteor Shower will peak on the night of Nov. 28 with about three to five meteors per hour. The meteor shower’s radiant point will be the constellation Orion, which will become visible on the eastern horizon around 6:35 p.m., but the moon will also be bright that night.
A Supermoon and the Seven Sisters:
- On the night of Nov. 24, a supermoon that appears about 7 percent larger than normal will rise in Colorado’s skies. November’s full moon is traditionally known as the Beaver Moon. A supermoon is a full moon that happens when the moon is at or near its closest point to Earth in its oval-shaped orbit, according to the National Aeronautics and Space Administration. Supermoons typically occur three to four times a year.
- In November, stargazers should also look for Pleiades, or the Seven Sisters, which will return to the night sky around this time of year. This open star cluster — or a group of up to a few thousand stars formed together and are about the same age — is located in the constellation Taurus. Because the seven brightest stars in the Seven Sisters form a shape similar to the Big Dipper and Little Dipper, the star cluster is also sometimes informally referred to as the “mini dipper.” To find the Seven Sisters, start by scanning the east-northeast horizon, looking for a patch of “dim brightness” that looks like a “smudge” about the same size as a full moon. Look just to the left of the right of the “smudge” and the seven sisters will become visible.
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- Steamboat Today, 11.04.26
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MARKET UPDATE - 11/06/2026 Close
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(Courtesy of Alpine Bank Wealth Management*)
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Canadian dollar (per U.S. dollar)
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Mexican peso (per U.S. dollar)
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30-year fixed mortgage rate (Freddie Mac 11/05/2026)
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*Not FDIC insured. May lose value. Not guaranteed by the bank.
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Alpine Bank is an independent, employee-owned organization with headquarters in Glenwood Springs and banking offices across Colorado's Western Slope, mountains and Front Range. Alpine Bank serves customers with retail, business, wealth management*, mortgage and electronic banking services. Learn more at alpinebank.com.
*Alpine Bank Wealth Management services are not FDIC insured, may lose value and are not guaranteed by the bank.
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