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DESCRIPTION OF THE FINANCING ENTITY
The Denver Urban Renewal Authority (DURA) is the proposed Financing Entity for and administrator of the state sales tax incre-
ment funds and will receive 100% of the increment. DURA will act as a pass-through agency, with funds transferred periodically
to the CCD/NWC governance structure, which will oversee the design, construction and governance of the NWC. DURA will
assume all responsibilities dictated by OSPB and OEDIT including all due diligence, audit and annual reporting duties.
Should RTA funds be awarded for the National Western Center, DURA will enter into an agreement or agreements with the State
of Colorado and other entities in order to receive and distribute sales tax increment funds from the state as may be required for
the financing and construction of the project.
STATE OF COLORADO
RTA FINANCING ENTITY
NWC GOVERNANCE STRUCTURE
NATIONAL WESTERN CENTER PROJECT
ARTS & VENUES
CITY & COUNTY