It appears that the Professional Rodeo Cowboys Association will no longer call Colorado Springs home, according to a news release and several reports.

The PRCA’s board of directors approved a non-binding memorandum of understanding to “seriously consider” relocating the organization’s headquarters from Colorado Springs to Cheyenne, Wyo., a news release Monday night from city officials stated.

Last year, a development group in Cheyenne approached PRCA with a relocation proposal.

In addition to having no state income tax, PRCA says Cheyenne also offered to build a Hall of Fame and an administrative building to host the headquarters. The building would include upgraded office space and conference rooms, according to Gazette news partner KOAA.

PRCA says the process was thorough and included conversations from several locations. They say it also included a proposal from Colorado Springs leadership.

The transition is anticipated to happen in 2029, KOAA reports.