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them for petitioner. During this interim period, Mr. Myers
continued to commute from Greeley to Colorado Springs while
finishing the jobs petitioner had there.
By 1990, Mr. Myers and petitioner began to enjoy a good
reputation among home builders and other construction industry
people in the Denver metropolitan area, particularly in Douglas
County (which includes Highlands Ranch). Mr. Myers and
petitioner had become well known for doing high-quality
foundations and flat work efficiently, reliably, and on schedule.
This reputation enabled petitioner to obtain more business and
increase its gross receipts and profits. Although petitioner’s
bids had to be competitive, petitioner did not always have to be
the lowest bidder to obtain work from the builders.
In the latter part of 1990, Mr. and Mrs. Myers moved their
home (and petitioner’s office) to Castle Rock, Colorado, which is
located about 40 miles south of Denver and 20 miles from
Highlands Ranch.
From 1986 through 1996, a substantial number of new houses
were built in Douglas County. The rate of annual increase in new
houses built in Douglas County slightly declined from 1986
through 1990, going from 11 percent for 1986 to 6.5 percent for
1990. This slight decline ended in 1991; according to U.S.
Census Bureau information, from 1990 through 1998 Douglas County
was the fastest growing county in the nation, in terms of
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