City of Colorado Springs - 1911 dated Public Improvement Bond - County of El Paso
Inv# GB5400 Bond
$500, 6% Gold coin Bond. Colorado Springs serves as the largest city in El Paso County, Colorado, and is designated as the county seat. According to the 2020 census, the city has a population of 478,961, reflecting a 15.02% growth since 2010. It ranks as the second-largest city and the most expansive municipality in Colorado, as well as the 39th most populous city in the United States. Colorado Springs is the central city of the Colorado Springs metropolitan area, which recorded a total population of 755,105 in 2020, and it is the second most significant city within the Front Range Urban Corridor.
From 1899 to 1901, the Tesla Experimental Station was active on Knob Hill, while aircraft operations to the nearby fields of Broadmoor commenced in 1919. In 1925, Alexander Airport was inaugurated to the north of the city, followed by the acquisition of land for the original Colorado Springs Municipal Airport, which took place in 1927 to the east of the city. The military presence in the area began during World War II with the establishment of Camp Carson in 1941, which has since evolved into the 135,000-acre Fort Carson base. During the war, the United States Army Air Forces leased land next to the municipal airfield, which was designated as Peterson Field in December 1942.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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