Alpine developers want renters to buy condos

The developers behind Craig's first condominiums have a very simple message: Buying a home is within renters' reach.

"If you can afford to rent, you can afford to buy," Maurits De Blanc said.

De Blanc, who lives in Miami, is working with Steamboat Springs real estate agent Don Kotowski to turn Alpine Apartments, 410 Tucker St., into condominiums.

Apartments in the 35-unit complex are already for sale, with prices between $79,000 and $104,000.

By law, the current tenants have the first crack at buying the condos.

Through low-income loans from the U.S. Department of Agriculture, De Blanc said the condos could be within almost anyone's price range.

"If you are renting right now, you should be a buyer," he said.

If converting Alpine into apartments proves successful, De Blanc said he might do the same with other properties in Craig.

For more on the Alpine project, contact Kotowski at 846-8081.

Bank featured on TV

A local business garnered national attention last week.

First National Bank of the Rockies on Tuesday was featured on the CNBC program "Pick of the Week."

First National was chosen for the show based on its strategic approach and values, influence in the community, customer retention and satisfaction, community service and employee satisfaction, officials with the Western Slope-based bank said.

"It's exciting to have our bank featured on national television," CEO Pete Waller said. "This recognition is a tribute to our management and staff, who have created the unique philosophy and values that define FNBR."

First National started in Meeker in 1904 and has locations throughout Northwest Colorado, including in Craig and Hayden.

Hearings uneventful

Moffat County officials and Internet company NC Telecom, which is in Chapter 11 bankruptcy, can agree on one thing: Thursday's bankruptcy hearings were pretty uneventful.

Since the company filed for Chapter 11 bankruptcy Oct. 14, county officials have been waiting to see what the filing means for the $500,000 the county paid the Meeker-based company in advance for services.

But Thursday's meeting didn't shed very much light on the future of the county's prepaid money.

The company plans to restructure by having its stock assumed by another entity, General Man--ager Rick Hemming said. But Hemming declined to divulge that entity's identity.

Brandon Johansson can be reached at 824-7031, ext. 213, or bjohansson@craigdailypress.com.

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