Finance Item/Grant Request Template
Date Submitted: 3/12/23
Requesting Agency: Finance
Division: BMO
Subject Matter Expert Name: Kiki Turner
Email Address: kiki.turner@denvergov.org
Phone Number:
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A bill for an ordinance authorizing a capital equipment purchase in the Culture and Recreation Special Revenue Fund.
Authorizes a capital equipment purchase from the Arts and Venues Operating Fund (15815) for a new mixing console at the Buell Theatre in Council District 9. The Committee approved filing this item at its meeting on 3-21-2023.
body
Affected Council District(s) or citywide? District 9
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
DAV has been replacing and updating audio equipment in the Buell Theater since 2018 as part of a multi-year capital replacement plan. The agency has also been expanding audio to improve sound quality within the theater. Due to extended lead times and new generations of equipment being purchased to replace existing equipment, a new mixing console is needed. The current console is past its useful life and an upgraded system is required to properly operate new audio equipment. The quoted estimate cost for the purchase of a new Digico mixing console is $99,818.55, however price may change prior to resolution being completed.
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other):
Capital equipment purchase
Amount: Estimated $99,818.55
Budget Year: 2023
Fund and Funding Source (Fund/Org/Grant Number, if applicable): Arts and Venues Operating Fund (15815)
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact: