Colorado Springs, May 30, 1935
Based on available peak discharge data alone, the floods of 1864, 1886, 1935 and 1965 would be classified as "major" in terms of destructive capability. The 1935 flood was the highest and most destructive in the history of Colorado Springs, and serves as Fountain Creek's flood of record from Colorado Springs to Fountain. The flood resulted from excessive rainfall of short duration over an area of less than 100 square miles in the Monument Creek basin. In Colorado Springs, the storm total measured 7.19 inches at the Colorado College weather observatory. In June 1921, when Pueblo suffered the most destructive flood in its history, the observatory reported that therainfall in Colorado Springs totaled only 4.54 inches for the entire month.
source: http://fountain-crk.org/Plan%20Documents/ 06%20Sec%202_1203.pdf