completed the installation of the back of house equipment into the budweiser events center worked...
TRANSCRIPT
BEC Video Display and Ribbon Board Options
Update of Project• Completed the installation of the Back of House equipment into the Budweiser
Events Center
• Worked with Larimer County Purchasing Department to write and distribute an RFP for the project
• Interviewed and ranked three contractors that submitted: Daktronics, YESCO, and Panasonic
• Awarded the project to Daktronics
• Negotiated terms and conditions of the contract
Project Status• Completed contract negotiations with Daktronics
• Project Team has agreed on key design elements for the center hung video display consistent with the original selection criteria
• Established a final project timeline and budget
BudgetUses
Back of House Equipment
2014 Expense
$400,000
Video Display 2015 Expense
$900,000
Ribbon Board 2015 Expense
$400,000
Total $1,700,000
BudgetSources 2014 2015 Total
The Ranch Unallocated Reserves
$400,000 $850,000 - $1,150,000
$1,250,000 - $1,550,000
Global Spectrum
$150,000 $150,000
Eagles Partnership
$0 - $300,000
$0 - $300,000
Total $400,000 $1,300,000
$1,700,000
ReservesSources
The Ranch Unallocated Reserves
January 2015
$2,135,466
Contribution to Project
2015 $850,000 - $1,150,000
Balance Remaining $985,500 - $1,285,500
Elements
Elements
Calendar• Execute Agreement with Daktronics: May • Design Phase: May-June• Manufacture Cabinets and Boards: June• Prepare Arena: Power, structural, demolition of
old boards: June• Installation and Training: July• First Event: Larimer county Fair and PRCA
Rodeo: August 2, 2015