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LICENSEAPPROVED

Fairgrounds Management Corporation Board of Directors Agenda March 2026

Ten-Acre License Approved for LS Power Grid

Not to exceed $94,664.47 per monthSanta Clara CountyLS POWER GRID CALIFORNIA LLCMarch 25, 2026

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Description

The Board authorized the Executive Director to negotiate and execute a License Agreement with LS Power Grid California, LLC. for the use of ten acres at the Fairgrounds at up to $94,664.47 per month from March 30, 2026 through March 29, 2027. The agreement licenses substantial Fairgrounds acreage for LS Power Grid California’s operations.

Contract Details

Contract Amount

Not to exceed $94,664.47 per month

Vendor

LS POWER GRID CALIFORNIA LLC

Agency

Santa Clara County, CA

Contract Type

LICENSE

Document Date

March 25, 2026

Contract Term

March 30, 2026 through March 29, 2027

Renewal Date

2027-03-29

Renewal Info

Initial one-year license term ending March 29, 2027; agenda does not describe renewal or extension options.

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