Sunset Crossroads Project Development Agreement Approved
- Disclosed value
- $8,000,000 public benefit fee, $15,000,000 fire station contribution, $1,000,000 fire equipment contribution, $10,000,000 electric substation contribution, $750,000 small business/downtown grant, $500,000 animal shelter grant. Additional incremental fees/penalties for delayed commercial building and ongoing facilities tax to be determined per agreement.
- From agenda
- Approved
- Feb 26, 2026
- Term
- 30 years
- Renews
- Free account
The 30-second brief
The City of Banning approved a 30-year Development Agreement with NP Banning Industrial LLC for the Sunset Crossroads project, establishing significant one-time and ongoing financial contributions, land dedications, and public service investments as conditions for the 533.8-acre industrial/commercial development. The agreement covers up to $8M in public benefit fees, $15M for a new fire station, $1M for fire equipment, $10M for an electric substation, plus additional obligations and incentives.
Np Banning Industrial LLC holds this contract with City of Banning.
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Contract details
- Amount
- $8,000,000 public benefit fee, $15,000,000 fire station contribution, $1,000,000 fire equipment contribution, $10,000,000 electric substation contribution, $750,000 small business/downtown grant, $500,000 animal shelter grant. Additional incremental fees/penalties for delayed commercial building and ongoing facilities tax to be determined per agreement.
- Document date
- February 26, 2026
- Term
- 30 years
- Renews
- On record
- Agency
- City of Banning
- Source document
- City of Banning City Council Special Meeting Agenda February 2026 (Agenda)
Np Banning Industrial LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Banning?
Np Banning Industrial LLC was awarded this government contract by City of Banning, as recorded on February 26, 2026. The contract value is $8,000,000 public benefit fee, $15,000,000 fire station contribution, $1,000,000 fire equipment contribution, $10,000,000 electric substation contribution, $750,000 small business/downtown grant, $500,000 animal shelter grant. Additional incremental fees/penalties for delayed commercial building and ongoing facilities tax to be determined per agreement..
How much is the Np Banning Industrial LLC contract with City of Banning worth?
The Np Banning Industrial LLC contract with City of Banning is valued at $8,000,000 public benefit fee, $15,000,000 fire station contribution, $1,000,000 fire equipment contribution, $10,000,000 electric substation contribution, $750,000 small business/downtown grant, $500,000 animal shelter grant. Additional incremental fees/penalties for delayed commercial building and ongoing facilities tax to be determined per agreement..
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Banning City Council Special Meeting Agenda February 2026 (Agenda), dated February 26, 2026 from City of Banning. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Np Banning Industrial LLC hold?
Np Banning Industrial LLC 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 Banning currently buying?
Explore City of Banning's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.