Amends a lease agreement between Denver Arts & Venues and Denver Theater District to add three years and six months for a new end date of 4-30-2033 and increase the revenue share back to DAV digital signs that are managed by DTD in the Arts Complex and at the Colorado Convention Center. No change to contract capacity, in Council District 10 (RC8A00300/THTRS-202578734-02).
Summary
This item amends a lease agreement between Denver Arts & Venues (DAV) and Denver Theater District (DTD) for digital signs. The amendment extends the contract by three years and six months, setting a new end date of April 30, 2033. It also modifies the revenue share, with 30% of gross revenue from Branded Cities signage going back to DAV for signs managed by DTD in the Arts Complex and at the Colorado Convention Center. The contract capacity remains unchanged. The agreement was last amended in 2017. The locations are the Denver Arts Complex (1345 Champa St.) and the Colorado Convention Center (700 14th St.).
This amendment extends the existing lease agreement for digital signs at the Arts Complex and Convention Center, with no immediate change to public services or costs.
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