PROFESSIONAL_SERVICESAMENDED

Bonanza 5-Acre Negotiation Agreement Amended with Brinshore

Park City Council approved a second amendment to its Exclusive Negotiation Agreement with Brinshore Development for the Bonanza 5‑Acre redevelopment, extending the term to December 31, 2026 and setting up to $40 million in City contribution, soil remediation funding, and shared pre-development costs.

Status
AMENDED
Document date
March 19, 2026
Contract type
PROFESSIONAL_SERVICES
Vendor
Brinshore Development
Agency
City of Park · UT

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
City contribution up to $40 million; shared third-party pre-development costs up to $1 million; termination fee minimum $75,000
Contract type
PROFESSIONAL_SERVICES
Contract term
Through December 31, 2026 (extended agreement expiration)
Renewal date
2026-12-31
Renewal
Second amendment extends ENA expiration to 2026-12-31, adds up to $40M City contribution, cost-sharing of up to $1M in third-party pre-development, and sets a minimum $75,000 termination fee plus remaining shared costs if terminated without cause. Future project agreements may follow upon successful negotiations.
Document type
Minutes
Source document
Park City Council Meeting Minutes March 19 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Park?

Brinshore Development was awarded this professional services contract by City of Park, as recorded on March 19, 2026. The contract value is City contribution up to $40 million; shared third-party pre-development costs up to $1 million; termination fee minimum $75,000.

How much is the Brinshore Development contract with City of Park worth?

The Brinshore Development contract with City of Park is valued at City contribution up to $40 million; shared third-party pre-development costs up to $1 million; termination fee minimum $75,000, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Park City Council Meeting Minutes March 19 2026 (Minutes), dated March 19, 2026 from City of Park. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Brinshore Development hold?

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

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