2. 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

3. 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

4. Uses Back of House Equipment 2014 Expense$400,000 Video Display2015 Expense$900,000 Ribbon Board2015 Expense$400,000 Total$1,700,000

5. Sources20142015Total The Ranch Unallocated Reserves $400,000$850,000 - $1,150,000 $1,250,000 - $1,550,000 Global Spectrum $150,000 Eagles Partnership $0 - $300,000 Total$400,000$1,300,000$1,700,000

6. Sources The Ranch Unallocated Reserves January 2015$2,135,466 Contribution to Project2015$850,000 - $1,150,000 Balance Remaining$985,500 - $1,285,500

9. 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