There is the old south-central Colorado mining town of Crested Butte, with its preserved Victorian architecture, narrow streets built for horses, and anti-franchise law that keeps it free of chain stores and restaurants.
CitiMortgage today announced the Citi® Foreclosure Alternatives Program, a new pilot initiative that will allow distressed CitiMortgage borrowers to avoid foreclosure and remain in their homes for six months by agreeing to sign over their property deeds to CitiMortgage at the end of that period.
Participants commented on everything from the effectiveness of the Rural Transportation Authority ground and air programs to ideas for livening up the base area. Some of the businesses reported surprisingly good numbers to date, considering the decline in Mount Crested Butte’s 2009 sales tax numbers, which are down 15 percent over 2008. Others said they are feeling the pain, big-time.
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