Step 1: Melt butter in a Dutch oven over medium-high heat; add bell pepper and next 3 ingredients, and saute 4 to 5 minutes or until tender. Add potatos and cumin, saute 5 minutes or until browned and tender. Gradually stir in broth, stirring to loosen particles from bottom of Dutch oven. Bring to a boil; cover; reduce heat to low, and simmer 25 minutes.
Step 2: Whisk together flour, milk, and half and half. Stir into potao mixture, and cook over medium heat, stirring constantly, 5 minutes or until thickened. Reduce heat to low.
Step 3: Add cheeses, and cook, stirring constantly, until melted and heated through. Serve with desired toppings.
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