Stock Show Financial Boost

Stock Show Financial Boost

Stock Show Financial Boost. I'm Greg Martin with Colorado Ag Today.

The National Western Stock Show has gotten a much needed boost. On Wednesday, Governor Hickenlooper signed a law that would provide state funding for buildings at the site. The nationally famous stock show has been in dire need of new infrastructure to help expand the site and capitalize on new programs. President and CEO, Paul Andrews.

ANDREWS: We really need to change the business model that we're in, in addition to the facility that we hold our show and so we've obviously partnered with the city and county of Denver and Colorado State University and Museum of Nature and Science as well as History Colorado to look at a concept where we can develop a complex that operates 365 days a year that's focused on agriculture.

House Bill 1344 authorizes the issuance of $250 million worth of bond-like certificates of participation to help pay for buildings that will be used by Colorado State University at the site.

ANDREWS: Others will be able to enjoy what Colorado and the world of agriculture and the history that we represent across the complex year-round and that will be known as the National Western Center. So the Stock Show would be held at the National Western Center but the remainder of the year would have other agricultural elements as well as some entertainment elements.

2016 will see the 110th annual show that takes place in January.

ANDREWS: Different ag related businesses that would hold their conventions could hold it anytime throughout the year at the National Western Center and have it be an agriculturally focused event going on at the veneer while you're having your convention.

And that's Colorado Ag Today. I'm Greg Martin, thanks for listening on the Ag Information Network of the West.

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