FINANCIAL_SERVICESRECOMMENDED

RAAB Recommends $1.8 Million Coldwater TIF Assistance

The Redevelopment Agency Advisory Board previously recommended providing Coldwater Capital LLC with 100% reimbursement of eligible tax increment for the 521 Lake Street workforce housing project. The earlier recommendation totaled approximately $1.8 million through 2035.

Document date · September 14, 2026

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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
$1.8 million total
Contract type
FINANCIAL_SERVICES
Contract term
100% reimbursement of eligible tax increment through 2035, subject to potential RDA 2 extension
Renewal date
2035-12-31
Renewal
Assistance was recommended through the expiration of Redevelopment Area 2 in 2035; any extension of RDA 2 would require a subsequent RAAB recommendation.
Document type
AgendaPacket
Source document
City of Reno AgendaPacket Redevelopment Agency Advisory Board Meeting 2026-09-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Reno?

Coldwater Capital Llc was awarded this financial services contract by City of Reno, as recorded on September 14, 2026. The contract value is $1.8 million total.

How much is the Coldwater Capital Llc contract with City of Reno worth?

The Coldwater Capital Llc contract with City of Reno is valued at $1.8 million total, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Reno AgendaPacket Redevelopment Agency Advisory Board Meeting 2026-09-14 (AgendaPacket), dated September 14, 2026 from City of Reno. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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