Posted: Oct 25, 2009 7:01 AM by Associated Press
Updated: Oct 25, 2009 7:01 AM
Colorado Springs' utility wants to enter the high-priced real estate market in Summit County to
block development, not promote it.
The city-owned utilities department will ask the City Council Tuesday for approval to buy 1.6 acres for $240,000 to prevent development from encroaching on a pipeline that diverts water from
the mountains to Colorado Springs.
Utility officials are concerned about development near the water system, which is 10 miles south of Breckenridge. Summit County is home to some of Colorado's largest ski areas.
Colorado Springs gets about 10 percent of its water from the area's Blue River system.