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