Four Front Range hospitals offer radiation therapy that doesn’t require permanent skin marks SUBMITTED BY CENT...
John Lucero, founder and principal of Lucero Development Services, is the 2019 recipient of the Oliver Frascon...
BY FREDA MIKLINGOVERNMENTAL REPORTER Denver South Economic Development Partnership brought Richard Wobbekind,...
On October 10, Economic Literacy Colorado, an educational nonprofit promoting economic and financial literacy...
BY FREDA MIKLNGOVERNMENTAL REPORTER A new tax on legalized sports betting, awaiting voter approval in November...
The Colorado Public Utilities Commission (PUC) will take public comment in Grand Junction and Denver on a prop...
SUBMITTED BY SOUTH METRO DENVER CHAMBER The South Metro Denver Chamber (SMDC) is proud to announce newly elect...
RBC Wealth Management, one of the nation’s largest full-service wealth management firms, recently welcomed a n...
Nationwide, $650 million in life insurance found for consumers. Since its inception in 2016, the Life In...
BY FREDA MIKLINGOVERNMENTAL REPORTER On September 12, Alberta Development Partners, LLC held a neighborhood in...
SUBMITTED BY CENTURA HEALTH
Unless you or someone close has received radiation therapy, you may be surprised to learn that tattoos are part of many cancer treatments. Traditionally, permanent skin marks are tattooed on a patient to align radiation treatment – until now. Porter, Parker and Littleton Adventist Hospitals and Longmont United Hospital are the first in Colorado to incorporate the new cutting-edge technology that uses 3D imaging to map the skin surface and guide radiation treatment without visible skin marks.
The technology is called AlignRT, part of the VisionRT system, and in addition not requiring tattoos, it saves time, improves efficiency and has greater accuracy than traditional radiation therapy devices.
“At Centura Health, providing tattooless radiation therapy is one way we can reduce anxiety and help patients focus on other aspects of their cancer care or survivorship,” said Dr. Rebekah Maymani, a radiation oncologist with Porter Adventist. “AlignRT’s imaging capability also helps track movement, which allows for a safer and more accurate treatment.”
Several hospitals in California have incorporated this technology and studies have shown that skin marks pose a significant psychosocial challenge for some women living with breast cancer (See attached study). Additionally, there are numerous companies and tattoo artists that specialize in either removing the skin marks or transforming them into more meaningful tattoos for cancer survivors.
Depending on the type and location of the cancer, traditional radiation therapy devices can require numerous tattooed marks on different parts of a patient’s body.
“For many patients, skin marks are visible reminders of a difficult time in their lives. It’s a wonderful feeling to tell new patients that tattoos are no longer a part of their treatment plan,” added Maymani.
“When I was diagnosed with breast cancer, I had friends tell me I may have to be tattooed for the treatment,“ said Ann Marie Scott, a current patient at Porter Adventist Hospital. “At the time, you’re willing to do whatever is needed to overcome cancer, but it was a tremendous relief when my oncologist at Porter told me they no longer need to tattoo patients.”
VisionRT also produces a facial recognition device that matches prescription oncology care with a specific patient. Parker Adventist Hospital is the first and only hospital in the nation to currently offer the facial recognition device.
John Lucero, founder and principal of Lucero Development Services, is the 2019 recipient of the Oliver Frascona Lifetime Achievement Award from the Denver Metro Association of REALTORS (DMAR). Frascona, a well-known legal advocate with a passion for real estate, dedicated his life’s work to real estate law, representing and advising developers, builders, lenders, buyers, sellers, landlords, and tenants.
Raised in Denver’s Sunnyside neighborhood, Lucero has served in countless leadership roles and has been an active and engaged advocate for homeownership and a champion of entry and move-up homeownership opportunities, fair housing and community impact since the first day of his 26-year real estate career.
Soon after earning his real estate license, Lucero helped move a family out of public housing using a disability homeownership program offered by a local bank. That family not only sustained homeownership, they moved up over the years. The family’s children and grandchildren all attended college and all sought Lucero out when they purchased their homes. It was with that initial closing that he discovered the power of positive change that REALTORS® embody and how homeownership improves lives, neighborhoods and schools.
He has maintained that set of beliefs throughout his career and encourages every member of his team to be actively engaged in their community. His Five Points headquartered Lucero Development Services works with developers and government agencies to create and preserve affordable and market rate housing and for projects that provide economic growth, workforce development and education. In addition, Lucero has participated in the creation and preservation of more than 4,000 affordable housing units throughout his career. Together with his employee team members, the company focuses on inclusiveness and has been instrumental in formalizing the work of numerous local and national REALTOR® boards including cross-membership with the Colorado Association of Hispanic Real Estate Professionals (CAHREP) and the National Association of Hispanic Real Estate Professionals (NAHREP).
Originally appointed by then Denver Mayor John Hickenlooper, Lucero served across three Mayors as the deputy director for Denver’s Office of Economic Development where he oversaw the housing development and small business loan portfolios and formed long-term partnerships with local REALTOR® associations that remain in place today. Lucero currently serves on the Denver Board of Water Commissioners and on several policy related REALTOR committees at each level of government.
“John has been a true asset to the REALTOR® community at the local, state, and national level for many years,” said DMAR CEO Ann Turner. “He is a true expert in the government affairs arena, and we are incredibly grateful for the time and energy John has devoted throughout his career to protecting homeownership and private property rights.”
“It is an absolute honor to be recognized with the Oliver Frascona Award,” said Lucero. “Oliver was not only a good friend and colleague over the decades, he taught and shared with me his insatiable appetite for helping others achieve their home ownership and real estate dreams. While I’ve been fortunate to be recognized by my peers and the industry for my work over the years, this is an incredibly meaningful honor that I will hold very dear to my heart.”
Founded in 2009, Lucero Development Services crafts solutions-based strategies for its clients by integrating the unique expertise of its team members in positive community development with its client’s goals. The company’s understanding of the balance between the private and public sector in real estate development shapes its mission and positions Lucero Development Services to best navigate modern development complexities.
BY FREDA MIKLINGOVERNMENTAL REPORTER
Denver South Economic Development Partnership brought Richard Wobbekind, Associate Dean for Business and Government Relations and Senior Economist to the Lone Tree Arts Center on October 3 to explain the economic indicators that are behind the CU Business Research Division’s conclusion that the confidence index is now negative. He described the economy as “growing but slowing.”
Wobbekind said that U.S. real gross domestic product (GDP) growth has been slowing since 2018 and is expected to continue to do so through 2020 because personal consumption, business investment, and even government spending are all slowing down. GDP growth is still expected to remain positive.
Employment is still growing at a slower rate. Real disposable income and personal consumption have also been declining since 2018 and are projected to do so through 2020. Home price growth in Colorado is still positive but much slowed, when comparing the second quarter of 2019 to the same period in 2018.
“The view of the future tends to be much more negative than consumers’ view of the current situation,” said Wobbekind. He continued, “Business pre-tax profits will finish 2019 in negative territory.” Adding to the bad news, he said, “The manufacturing part of the U.S. economy, which is 15 percent of the total economy, is in recession.”
Next, Wobbekind showed a slide of the federal budget deficit from 2000 up through the present. It showed the federal deficit declining from 2011 through 2015, then increasing steadily starting in 2016 and projected to break the $1 trillion mark in 2020. He pointed out that the country had “managed to get deeper in the hole despite a growing economy.” He added that “tariffs and trade tensions have really hurt the export picture.”
Turning his focus to our state, Wobbekind said that Colorado is now the 7th-fastest state for population growth, though the population increase for 2019 of 74,000 is slightly below that of 2018, which was 77,500. Projected job growth of 49,000 new jobs in 2019 is strongest in the northern Colorado Greeley-Fort Collins area and weakest in the Grand Junction-Pueblo area.
Statewide, sales tax collections are up 5.3 percent in 2019, continuing the trend of the 5.5 percent increase in 2018.
The overall value of construction was $11 billion in August 2019, down from $15 billion in August 2018.
Focusing on our area, Wobbekind said that job growth in Arapahoe and Douglas Counties had been strong for five years and continued to be, across multiple different industries lead by education and health services, followed by construction. He also noted that the number of venture capital deals increased 54 percent in Arapahoe and Douglas Counties from 2018 to 2019, led by a $100 million investment into Boom Supersonic.
For additional information, go to www.colorado.edu/business/business-research-division.
On October 10, Economic Literacy Colorado, an educational nonprofit promoting economic and financial literacy to students across the state, will recognize Terry Considine with the Adam Smith Award at its 2019 Adam Smith Award Dinner.
Terry Considine is a life-long entrepreneur in business and politics. He has served as Chairman/CEO of five public companies, including Aimco. In 1994, Terry led the IPO of Aimco, and has served as its Chairman and CEO for the past 25 years. Terry is also the CEO of The Considine Companies which invest in real estate, venture capital, and distressed assets.
“Terry has changed the landscape of Colorado through his successful business ventures and financial dealings,” says Debbie Piece, CEO of Economic Literacy Colorado. “We are excited and honored to celebrate this respected businessman who has been a force for good in Colorado’s business community as well as a dear friend to so many.”
In addition to business, Terry has been active for decades in politics and philanthropy. He was elected twice to the Colorado Senate and co-founded Club for Growth, a national political organization of Americans committed to advancing economic growth and limited government.
“Free markets have made American prosperity the envy of the world. They have also enabled me to provide for my family and enjoy a satisfying career” said Terry. “I am grateful for the sound understanding of economics that I gained from my parents and learned in school. Every youngster would benefit from understanding how a free economy works. I’m thankful for Economic Literacy Colorado, which works with teachers across the state to help them educate their students with these essential life skills.”
Terry was born and raised on a cattle ranch near San Diego, California, and later graduated from Harvard College and Harvard Law School. He and his wife Betsy, who work as a team in their philanthropic endeavors, have three adult children and a ranch in western Colorado.
The Adam Smith Award Dinner honoring Terry and featuring keynote speaker Stephen Moore will take place at the Seawell Ballroom on October 10. Tickets and information are available at www.EconLitCo.org.
Economic Literacy Colorado is the only Colorado nonprofit offering university-accredited economic and personal financial professional development for K-12 teachers. Dedicated to educating students for successful participation in the economy, EconLitCo offers the Stock Market Experience programs for 3rd-12th grade students, and classes, workshops, online programs, and district trainings for teachers. For more information, visit www.EconLitCo.org.
BY FREDA MIKLNGOVERNMENTAL REPORTER
A new tax on legalized sports betting, awaiting voter approval in November, will be paid by casinos and used to fund the Colorado Water Plan (CWP). The ten percent tax will be levied on casinos’ net proceeds from sports betting activities. The plan, HB-1327 referred by the legislature and sponsored by Republicans and Democrats, is expected to bring up to $29 million in new, much needed support for the CWP.
The funding plan was modeled after the successful Great Outdoors Colorado program (GOCO) and is endorsed by Environmental Defense Fund, American Rivers, and Trout Unlimited. Locally, Proposition DD enjoys the support of Conservation Colorado, Colorado Contractors Association, Colorado Farm Bureau, Colorado Dairy Farmers, Colorado Cattlemen’s Association, Greenway Foundation, Denver Metro Commercial Association of Realtors, and Colorado Chamber of Commerce. Current and former elected officials lending their support include former U.S. Interior Secretary Ken Salazar and state Senators Jack Tate and Nancy Todd.
The Colorado Water Plan was finalized in 2015 after a 10-year effort by the Colorado Water Conservation Board and the state’s nine Basin Roundtables, along with hundreds of stakeholders and input from over 30,000 interested persons across the state. It identifies objectives, goals, and actions by which Colorado will address future statewide water needs. The CWP is overseen by the Colorado Water Conservation Board, which will approve water project grants funded by the tax on casinos. Its website, https://www.colorado.gov/pacific/cowaterplan/about-colorados-water-plan says that the CWP allows implementation of the measurable objectives and critical actions “set forth to ensure that Colorado can meet its future water needs and continue to be a thriving state to work, play, and live.”
On May 14, 2018, the United States Supreme Court ruled that individual states could legalize sports betting. Since then, 19 states have passed laws permitting it. Colorado is one of 25 others that have taken steps toward legalization.
Once approved, legal sports betting in our state will be regulated by the Colorado Division of Gaming, part of the enforcement division of the Department of Revenue that has overseen legal gambling in Colorado since it was approved by voters in a Constitutional amendment in 1990. Legal sports bets will only be able to be placed from locations in Colorado and only through established casinos in Black Hawk, Central City and Cripple Creek. Limits will be set by individual gaming establishments.
The Colorado Public Utilities Commission (PUC) will take public comment in Grand Junction and Denver on a proposal by Xcel Energy to increase its electric rates by a net $153.8 million.
Public comment hearings will be from 4-6 p.m. Thursday, Sept. 26, at the Mesa County Commissioners Public Hearing Room, 544 Rood Avenue in Grand Junction; and 4-7 p.m. Wednesday, Nov. 6, at the PUC, 1560 Broadway, Suite 250, in Denver.
The company’s proposal would increase monthly bills for residential customers by about $4.46 a month on an annual basis, or about 6.5 percent. Monthly bills for commercial customers would rise by $6.75, or about 6.7 percent.
A main driver of the proposed rate increase, according to Xcel, is $4.1 billion of investment that the company has made in the last five years, including investments in next-generation technology to strengthen and improve the resiliency of the electric grid. Additional components of the proposal include accelerating wildfire safety, prevention and mitigation efforts and upgrading infrastructure to reduce the risk of damage due to wildfires; and an initiative to help communities and businesses achieve their sustainability goals through better tracking of their use of renewable energy.
Xcel is seeking a 10.35 percent return on equity (ROE), up from the current 9.83 percent. The ROE is the profit that a utility is authorized to earn on its investments. The PUC sets a maximum ROE, but it is not guaranteed.
An evidentiary hearing is scheduled for Nov. 4-8 and 12-13 at the PUC. The company is looking for new rates to take effect on Jan. 1, 2020.
Members of the public may submit written comments about the proposal by using the PUC’s on-line comment form at www.colorado.gov/pacific/puc/puccomments
SUBMITTED BY SOUTH METRO DENVER CHAMBER
The South Metro Denver Chamber (SMDC) is proud to announce newly elected officers and members of its 2019-2020 Board of Directors. New board members and officers will oversee and implement strategies to further the SMDC’s commitment to the prosperity of south metro businesses and a spirit of responsive and thoughtful community development.
“We are extremely excited about our newly elected Board of Directors,” said SMDC President/CEO Robert Golden. “Not only will they maintain the initiatives our previous Board successfully executed, I’m confident they’ll also provide the kind of innovative vision to best represent our members as the business landscape in the south metro region continues to evolve.”
Lockheed Martin Government Relations Director Christie Lee will serve as Board Chair in the new year, replacing outgoing Chair Andrew Graham. Graham’s term ended August 31 and will now serve as Past Chair.
In addition to Lee’s appointment, Brett Anderson of Colorado State University will serve as First Vice Chair, and Charlie Kercheval of Alpine Bank was appointed as Chair of the SMDC Economic Development Group. Other new members on the SMDC Board of Directors are:
RBC Wealth Management, one of the nation’s largest full-service wealth management firms, recently welcomed a new team to its Denver Tech Center office, according to Dan Ball, director of the firm’s Denver complex.
The Campbell Matherly Group is composed of Darwin Campbell, Senior Vice President – Financial Advisor, who has 41 years of industry experience; Matthew Matherly, Senior Vice President – Financial Advisor, who has 12 years of experience; Alexander Aubrey, Associate Vice President – Financial Advisor, who has 8 years of experience; and Theresa Yates, Investment Associate. The team manages approximately $350 million in client assets and joins RBC from Merrill Lynch.
“Our team decided to make the move to RBC Wealth Management because of the firm’s strong reputation for acting with integrity, corporate responsibility and overall fiscal stewardship,” Campbell said. “After careful consideration, we decided RBC is the best fit for our clients and for us.”“We are thrilled to welcome the Campbell Matherly Group to our rapidly growing Denver Tech office,” Ball said. “The team is extremely talented and committed to building strong client relationships based on trust and personalized service, which is a great fit for our client-first culture.”
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