Colorado has revoked the license of real estate agent Paul Guthrie and fined him $450,000 but says he will have to pay only 1% of that if he promises to never sell properties again.

Guthrie, who previously owned Investor’s Realty in Denver, was a real estate agent and property manager. Online complaints about his company repeatedly accuse it of running off with rents.

The Colorado Real Estate Commission investigated 13 allegations against Guthrie. On Jan. 28, it reached a stipulation agreement with Guthrie in which he acknowledged commingling funds, diverting his clients’ money, being incompetent and not holding clients’ funds.

Guthrie surrendered his license that day and agreed to a fine of $448,500, with $445,050 of that set aside and only charged to Guthrie if he seeks a real estate license in the future.

“Fines are calculated by the number of violations,” Real Estate Commission spokesman David Donnelly told BusinessDen. “The commission does not have the legal authority to issue restitution, so the amount of any fines imposed … is not correlated with any damages made to consumers.”

Donnelly said that setting aside fines is a concession the commission makes to resolve a disciplinary matter without litigation in cases where a broker is about to lose a license.

Northern Colorado’s Weld County, one of the fastest growing counties in the state, is looking to evolve their economic diversity in the decades to come. The county, primarily known for its agriculture and oil and gas roots, is now hoping to start moving their economic portfolio toward data centers and artificial intelligence.

The county is partnering with a company named GlobalAI to build the county’s first data center near Windsor.

David Eisenbraun, planning services director for Weld County, told CBS Colorado this first data center is just the beginning of what the county hopes will be a bright future in hosting data and AI facilities. He took CBS Colorado to a property known as the Great Western Industrial Park, previously home to companies like Kodak. However, the property has struggled to retain companies, paving the way for GlobalAI to expand into the space.

“We are in unincorporated Weld County here, right smack dab in the middle of the Town of Windsor and the City of Greeley,” Eisenbraun said.

While there is currently a tenant operating an unrelated business out of a portion of the property, Eisenbraun said GlobalAI has begin the process of trying to obtain some of the space for a future data center. The county has already granted permits for the initial phase of the facility which consists of demolishing the interior of the facility in-part.

“This will be the county’s very first data center,” Eisenbraun said. “Weld County is open for businesses.”

The GlobalAI facility is expected to be an agnostic data center, meaning the computers within the facility will not be storing data for a singular company but rather a multitude.

Eisenbraun said this first project is a starting point for what the county hopes to be a strong dedication to data and AI in the future, diversifying the tax revenue away from just agriculture and oil and gas.

“Weld County has had a strong history with the oil and gas industry, and they are still a great partner of ours. But, as oil and gas has inherent cycles to it with large booms and busts, there is great opportunity for the county to really find a new energy user,” Eisenbraun said.

Eisenbraun said the data centers may not individually create a significant number of jobs. However, they are expected to create a steady flow of cash from taxes.

“They are really much more of a constant when it comes to the economic and fiscal components,” Eisenbraun said. “When they recycle that every three to five years with new technology and those new data racks have to come in, they are repaying or reflushing that tax in there.”

Eisenbraun confirmed the county is looking to preserve their agricultural roots. He said that includes working to make sure data centers, which are known for having large footprints, do not swallow up farming land. He noted that was a major selling point for the former Kodak property, as the infrastructure already existed.

“It is not taking prime egg land. It is not taking farms or ranches out of production to then go and replace technology in there,” Eisenbraun said.

Eisenbraun said Weld County is not only trying to catch up with modern business opportunities, but they are also being proactive in their efforts to do so. He said that includes making sure the county does its part to make sure any future data or artificial intelligence locations are stewards to the land and water.

The GlobalAI facility is reportedly going to not take as much water as many AI facilities require. Eisenbraun said the facility is projected to only use as much was as the average household per year.

“There is not a large water demand on this particular facility, even with future expansions,” Eisenbraun said.

Weld County is not a water provider, therefore it is up to companies looking to invest in data centers in the region to follow water district, local, state and federal guidelines when it comes to their energy and water consumption.

Let our legislators do their jobs – dump TABOR

Many have discussions pro and con about TABOR (the Taxpayer’s Bill of Rights). Those who want it believe the state wastes money on silly things like food for children, health care for the poor, education for all children, highway maintenance, state patrol, prisons, voting infrastructure, state park maintenance, enforcing environmental, civil, and criminal laws, etc. Many live in rural areas and complain the state isn’t giving their schools enough money – they simply don’t want to pay taxes, just use the taxes others pay.

Those who feel TABOR limits legislators from meeting their state’s constitutional obligations due to a constant shortage of funds, want all state obligations to be adequately funded.

TABOR was created in the mind of a man who was a brutish criminal, convicted of tax evasion and filing a false tax return. He was also censured by the legislature for kicking a news photographer: I believe that’s called assault.

Any thinking person knows a flat tax is a regressive tax. Individuals with incomes below $100,000 are unlikely to benefit from a federal income deduction of state income taxes paid, while high-income people get their state income taxes subsidized by the federal government. A graduated tax evens it out a bit and effectively transfers federal dollars to the state’s treasury.

Mandell S. Winter Jr., Denver

Cooperation, checks and balances are the solutions to our cultural clash

The recent tragedies in Minneapolis have become a constitutional crisis. Extreme thinking and behavior have escalated a cultural clash. We need to work on intergovernmental cooperation and take a long step away from politics as usual.

Based on the video footage, many people believe there should be a murder charge in the death of Alex Pretti. But outrage does not change the supremacy clause of the Constitution or define peaceful protest. Local authorities have no more jurisdictional authority to remove federal agencies from states than the president has to pardon state offenders. This matters because the force of government power is not going away and needs to be restrained with checks and balances.

The constant blaming, labelling, discrediting, and maligning of government service is not going to solve anything. The left targets law enforcement and the right targets every other branch of government.

Government and law enforcement are turning against each other and looking for solutions to problems that can only be managed, not solved.

And why? Because people cannot agree on what the problem is. Both the public and government officials are making up their own definition of the word ‘illegal” and cannot even agree on who is law enforcement. This has increased disrespect for government and endangered law enforcement and the public.

Immigration reform will help everybody and help avoid economic disaster.

Consider the fact that misplaced rage and words and phrases like Gestapo, thug, defund the police, goon, criminal, scumbag, even small government, are powerful and pervasive. Their immediate impact is not as deadly as a bullet, but has certainly helped create the authoritarian leadership we have now.