This is a developing story. This article will be updated as more details come in. Last updated November 30, 10:30 a.m.
An officer in the Cortez Police Department was shot and killed in the line of duty Wednesday.
Sergeant Michael Moran conducted a traffic stop on South Broadway around 11:30 a.m., during which he was shot and injured.
The suspects fled in their vehicle but were quickly located, and a second shootout occurred.
One suspect was shot by police and died at the scene, the other was taken into custody.
Moran was taken to Southwest Memorial Hospital and later died from his injuries.
A press release from the city says Moran was a Marine and a K9 handler who did two tours of Iraq before joining the police department.
At a press conference Thursday morning, officials said that an investigation into the shooting of Moran is underway, with assistance from the Colorado Bureau of Investigation.
The initial traffic stop occurred due to a reckless driving complaint that Cortez police had received about the suspects.
Officials did not release the identities of either suspect.