CONTRACTAPPROVED

City of Riverside Awards Financial Services Contract to Live Nation Entertainment Inc (September 2024)

City of Riverside
Disclosed value
Not to exceed $119,730,000 (bond issuance for project)
From agenda
Approved
Sep 17, 2024

The 30-second brief

What it covers

The City of Riverside approved the issuance of up to $119,730,000 in industrial revenue bonds for Project Magnet and authorized a lease agreement with Live Nation Entertainment, Inc. to develop and operate a 15,000-seat amphitheater.

Who holds it

Live Nation Entertainment Inc holds this financial services contract with City of Riverside. Its other public contracts on record include work for Somerset village and City of Atlanta.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $119,730,000 (bond issuance for project)
Document date
September 17, 2024
Source document
City of Riverside Board of Aldermen Meeting Agenda Sept 17 2024 (Agenda)

Live Nation Entertainment Inc's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Riverside?

Live Nation Entertainment Inc was awarded this financial services contract by City of Riverside, as recorded on September 17, 2024. The contract value is Not to exceed $119,730,000 (bond issuance for project).

How much is the Live Nation Entertainment Inc contract with City of Riverside worth?

The Live Nation Entertainment Inc contract with City of Riverside is valued at Not to exceed $119,730,000 (bond issuance for project), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Riverside Board of Aldermen Meeting Agenda Sept 17 2024 (Agenda), dated September 17, 2024 from City of Riverside. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Live Nation Entertainment Inc hold?

Live Nation Entertainment Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Riverside currently buying?

Explore City of Riverside's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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