How Utilities of Colorado Springs Be Utilized for Economic Development

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Colorado Springs officials are looking into ways how the city's utilities can be used to improve economic development.

The Colorado Springs City Council notes that it's worth examination, but incentives to business should not be offered at the expense of ratepayers. The more rates get spread to more customers, the better the rates will be, according to Bill Cherrier, utilities chief financial officer. Utilities should be involved and it plays a role that really brings great benefit, not only to the community but to the customers.

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