COLORADO 5: STATE'S RICHEST MOVE UP ON FORBES LIST

Five Colorado residents again made the Forbes 400 Richest Americans list, and although most of them had slight losses in their worth, or remained flat, they rose in the numerical ranking on the 400 list. Charlie Ergen, CEO of Dish Network, continued to be Colorado's richest with a net worth of $14.7 billion. That is down from $16.4 billion in 2015, but he remained No. 28. Philip Anschutz is worth $10.8 billion, down very slightly from $10.9 billion, but moved from 43rd to 39th on the list. John Malone ranked 61st nationally with a net worth of $7.2 billion. James Leprino ranked 232nd on the list with a net worth of $2.9 billion. Pat Stryker had a net worth of $2.6 billion.

NEWELL TO SELL OFF K2, VOLKL & OTHER WINTER BRANDS

Newell Brands, which acquired Jarden Corp. this spring, announced Tuesday it would sell its winter sports businesses, including some of the most iconic brands in snowsports: K2 Sports, Volkl, Marker, Ride snowboards, Line, Full Tilt, Tubbs and Little Bear snowshoes. Newell will continue to retain other consumer brands such as Paper Mate, Ball Corp., Oster, Sunbeam and Mr. Coffee. Newell is seeking to find a buyer for K2 Sports by Jan. 1.

EXCELLENT FORECAST FOR HOLIDAY SALES

The National Retail Federation Tuesday said it expects total sales this holiday season, excluding autos, gasoline and restaurant sales, will increase 3.6% to $655.8 billion, a bit above the average of 3.4% since 2009. Last season, NRF predicted a 3.7% increase, but sales fell short at 3.0%. The International Council of Shopping Centers also gave a positive projection, forecasting a 3.3% spending increase at brick and mortar stores, compared with a 2.2% gain in sales last year. Holiday shoppers that were surveyed said they plan to spend an average of $683.90 this year.

GET READY FOR MAJOR DETOURS IN GS

In what may be a primer for the major detours coming next year with the Grand Avenue Bridge Project, residents in Glenwood Springs will face a major detour of traffic when the bridge over the Roaring Fork River linking Midland Avenue with downtown will close down for 10 days starting Saturday. The bridge will be closed from Oct. 8 to the 18th and motorists will have two options: they can go to west Glenwood and get on Interstate 70 at Exit 114 to the main exit, 116, and continue to Grand Avenue; or they can take Midland Ave. south to the 27th Street bridge and then up to Grand Avenue.

NORRDIN: NEW 9TH DISTRICT JUDGE

Gov. John Hickenlooper Tuesday appointed Anne Norrdin, currently the assistant district attorney in the 9th Judicial District, as the judicial district's newest district court judge. The appointment is effective immediately and she replaces Garfield County Judge Daniel Petre, who retired. Norrdin earned her law degree from the University of Oregon, has been an attorney for 11 years and has lived in the Roaring Fork Valley for the past 8 years. The 9th Judicial District covers Garfield, Pitkin and Rio Blanco counties.

NUCOR, ENCANA: NEW WORKING ARRANGEMENT

Steelmaker Nucor and oil and gas producer Encana have ended their joint venture to develop natural gas wells in the Piceance Basin and have replaced it with a new arrangement in which Nucor has bought a 49% oil and gas lease interest from Encana on about 54,000 acres in the Piceance, with Encana retaining a 51% controlling interest. The new arrangement provides more flexibility to operate, as the previous arrangement required that Encana begin drilling at the point natural gas prices rose to a predetermined level.

DISTRICT 51 RECEIVES $300,000 GATES GRANT

The Gates Family Foundation awarded a $300,000 grant to School District 51 in Mesa County to support the transition to performance-based learning. The grant extends over 3 years. District 51 is in its second year of transitioning to performance-based learning, an education model where students move through school based on proficiency instead of time. The funds will be used to pay for professional development, teacher training and a pilot program call Schoology, a learning management software program.

AIRPORT PROJECTS REVENUES FOR INVESTMENT

In November, voters in La Plata County will decide whether to invest $40 million in property taxes in a new terminal at the Durango-La Plata County Airport. Matching funds from the federal government could add another $35 million - $40 million. Interim Aviation Director Tony Vicari presented the Durango City Council and La Plata County commissioners with projections of revenues from airport operations that would add $7.5 million to help fund the terminal. The airport projects: $917,000 available from cash reserves; $3.8 million from ticket fees; and $2.8 million from rental car fees.

NPS HISTORIAN TO SPEAK AT FLC

Today, Dwight Pitcaithley, former chief historian for the National Park Service, will speak at Fort Lewis College. Pitcaithley served as chief historian for the NPS from 1995 to 2005 and will present an overview of the Park Service's 100 years in existence, documenting the changes, problems and successes the system has faced over the past 100 years. When NPS came into existence 100 years ago, there were 38 sites, including 22 monuments, 14 parks and 2 reservations. Now, there are 412. Pitcaithley is now a professor at New Mexico State University and his talk is at 7 p.m. at the Center for Southwest Studies.

KNOBEL TAKES MAJORITY INTEREST IN ANOTHER POT OPERATION

Vail real estate developer Peter Knobel orchestrated the $250 million Solaris Residences project in Vail and although Vail does not have retail marijuana outlets, Knobel is one of the biggest players in the state's marijuana industry. Knobel has now on track to increase his marijuana holdings by becoming the majority corporate owner of the Native Roots operation. Native Roots has both medical and recreation sales locations in Aspen as well as an outlet in Eagle-Vail among its 16 locations across the state.

FORTUNE'S MOST POWERFUL WOMEN

Fortune magazine's 19th edition of Most Powerful Women, which measures only active corporative executives:

1. Mary Barra: CEO, General Motors
2. Indra Nooyi: CEO and Chairwoman, PepsiCo
3. Marillyn Hewson: CEO, Chairwoman, President, Lockheed Martin
4. Ginni Rometty: CEO, Chairwoman, President, IBM
5. Abigail Johnson: CEO and President, Fidelity Investments

BUSINESS OF WATER 2016

Join us for the Business of Water 2016 Regional Business Summit on Thursday, Oct. 13, 9 a.m. to 2 p.m. at Colorado Mountain College, 1402 Blake Ave., Community Room 110, in Glenwood Springs. Guest speakers include Auden Schendler of the Aspen Skiing Co., Eric Kuhn from the Colorado River District and many other business and water leaders. This summit is intended to educate and engage business leaders from the Roaring Fork Valley on the essentials of Colorado water management and our water future. Alpine Bank is a proud sponsor of this event. Please RSVP by e-mailing molly@protectflows.com. To learn more, visit online by clicking on the link below.

DOLLARS FOR DOGS/CASH FOR CATS

October is national “Adopt-A-Shelter-Dog Month,” and Roice-Hurst Humane Society is partnering with local businesses to help area homeless pets with its 8th annual “Dollars for Dogs/Cash for Cats” fall fund-raising campaign. Throughout the month of October, animal lovers can purchase a paper “PAW” for $1 (or more) at many Grand Valley businesses, including all Loco Food Stores, all Alpine Banks, both Chow Down Pet Supplies, Coronado Liquor Mart, All Pets Center, Hot Tomato, Bestslope Coffee, and many other locations, including the Roice-Hurst shelter at 362 28 Rd. For more information call 970-434-7337, or connect online at www.rhhumanesociety.org.

MIDDLE COLORADO RIVER CLEANUP

Join the Middle Colorado Watershed Council, in partnership with Alpine Bank, for their third annual River Cleanup on Saturday, Oct. 8 at 8:30 a.m. Meet at Centennial Park in Rifle, disperse to several cleanup locations, and conclude at noon for a free BBQ and celebration. For more information, visit online at www.midcowatershed.org. Pre-registration is also encouraged at Eventbrite.

HOLIDAY HOURS

Just a reminder - all Alpine Bank branches will be closed Monday, Oct. 10, in observance of Columbus Day. Although our branch locations will be closed, you can still bank with us anytime, anywhere using Alpine Online at www.alpinebank.com, AlpineMobile or by calling the Alpine InfoLine at 888-4-ALPINE (888-425-7463). Have a safe and happy holiday!

KASTENDIECK RECIPIENT OF ALPINE BANK SCHOLARSHIP

Mary Kastendieck, a returning student at Colorado Mesa University has been awarded the 2016 Alpine Bank scholarship specific for students attending the Montrose Campus. The Alpine Bank scholarship was established in 2012 with the focus on assisting students both traditional and non-traditional that wish to attend CMU in Montrose. Additionally, we look for applicants that are not only good students but also good community members. Mary is majoring in Nursing; graduating in December. She is a Montrose native as well as Montrose High School ’74 alumni. The scholarship will assist her finalizing her degree. Not only is Mary a dedicated student she is also involved in the community; volunteering her time and skills as Stephens Ministry leader, a support leader for San Juan Christian Home Educators and a past volunteer leader with Le Leche League and local Sunday School teacher. It was a great honor to be able to help a local student continue their education. “We strongly believe in giving back and the importance of education. Our customers who utilize their Education Loyalty VISA Debit Card do too. Each time an Education Loyalty VISA Debit Card is swiped, we donate 10 cents to education related projects in the Montrose community,” states Allison Nadel, Alpine Bank Regional Marketing Director. This scholarship is made possible through our Education Loyalty VISA Debit Card.