City of Regina Awards Facilities Contract to Brandt Properties Ltd (May 2026)

The City of Regina approved a major transaction to sell and lease portions of the Regina Exhibition Association Limited campus at 1700 Elphinstone Street to Brandt Properties Ltd., including associated lands, buildings, and equipment. The deal authorizes negotiation of a Master Purchase Agreement, provides for up to $300,000 in transaction costs, redirects some prior REAL funding, and grants Brandt a conditional five‑year municipal and library property tax exemption on the acquired assets.

Scope & details

The full contract record, as filed.

Contract amount

up to $300,000 in interim transaction-related and closing costs in 2026; all net sale proceeds to Land Development Reserve; conditional five-year municipal and library property tax exemption

Contract type

FACILITIES

Contract term

Five-year conditional property tax exemption; other agreement terms per Master Purchase Agreement dated April 9, 2026 (term not specified)

Renewal

Tax exemption is conditional on Brandt or its subsidiaries owning or leasing the property and operating it as defined in the Master Purchase Agreement; third-party taxable commercial tenancies remain taxable. Future tax exemption beyond five years would depend on future Council decisions informed by annual performance reports.

Document type

Agenda

Source document

City of Regina Council Meeting Agenda May 20 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Regina?

Brandt Properties Ltd was awarded this facilities contract by City of Regina, as recorded on May 20, 2026. The contract value is up to $300,000 in interim transaction-related and closing costs in 2026; all net sale proceeds to Land Development Reserve; conditional five-year municipal and library property tax exemption.

How much is the Brandt Properties Ltd contract with City of Regina worth?

The Brandt Properties Ltd contract with City of Regina is valued at up to $300,000 in interim transaction-related and closing costs in 2026; all net sale proceeds to Land Development Reserve; conditional five-year municipal and library property tax exemption, covering facilities work.

What type of contract is this?

This is a Facilities 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 Regina Council Meeting Agenda May 20 2026 (Agenda), dated May 20, 2026 from City of Regina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Brandt Properties Ltd hold?

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

View Brandt Properties Ltd's profile

What is City of Regina currently buying?

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

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