City Considers Cannabis Center Agreement With Pomona Rio
- Disclosed value
- City compensation of $1.67 per square foot of gross building area; listed building fees total $2,999,998 across ten buildings; $1,000,000 per year if the 400,000-square-foot construction commitment is not met
- From agendapacket
- Document date
- May 5, 2026
- Renews
- Free account
The 30-second brief
Colusa is considering a 40-year development agreement with Pomona Rio Property, LLC and related ownership entities for a phased cannabis cultivation and processing center. The agreement establishes building-based City compensation and requires specified transportation and construction commitments.
Pomona Rio Property LLC holds this contract with City of Colusa.
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Contract details
- Amount
- City compensation of $1.67 per square foot of gross building area; listed building fees total $2,999,998 across ten buildings; $1,000,000 per year if the 400,000-square-foot construction commitment is not met
- Document date
- May 5, 2026
- Term
- 40 years from the effective date of the adopting ordinance; effective date is 30 days after adoption, with one possible additional 10-year extension
- Renews
- On record
- Vendor
- Pomona Rio Property LLC
- Agency
- City of Colusa
- Source document
- City of Colusa AgendaPacket City Council Meeting 2026-05-05 (AgendaPacket)
Pomona Rio Property LLC's other public contracts
More City of Colusa contracts
Questions about this contract
Who was awarded the government contract by City of Colusa?
Pomona Rio Property LLC was awarded this government contract by City of Colusa, as recorded on May 5, 2026. The contract value is City compensation of $1.67 per square foot of gross building area; listed building fees total $2,999,998 across ten buildings; $1,000,000 per year if the 400,000-square-foot construction commitment is not met.
How much is the Pomona Rio Property LLC contract with City of Colusa worth?
The Pomona Rio Property LLC contract with City of Colusa is valued at City compensation of $1.67 per square foot of gross building area; listed building fees total $2,999,998 across ten buildings; $1,000,000 per year if the 400,000-square-foot construction commitment is not met.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Colusa AgendaPacket City Council Meeting 2026-05-05 (AgendaPacket), dated May 5, 2026 from City of Colusa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Pomona Rio Property LLC hold?
Pomona Rio Property 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 Colusa currently buying?
Explore City of Colusa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.