FINANCIAL_SERVICESRECOMMENDED

Reno Recommends Up to $3.1 Million Coldwater TIF

Reno staff recommended up to $3.1 million in tax increment financing assistance for Coldwater Capital LLC's 521 Lake Street workforce housing project. The proposed assistance would cover project-generated TIF and supplemental funding through 2035, subject to a final agreement and Agency resources.

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
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Scope & details

The full contract record, as filed.

Contract amount
Up to $3.1 million
Contract type
FINANCIAL_SERVICES
Contract term
Through expiration of Redevelopment Area 2 in 2035, subject to a final agreement and available Agency resources
Renewal date
2035-12-31
Renewal
Proposed assistance would run through the expiration of RDA 2 in 2035. The final agreement could include construction-cost true-ups and financial check-ins after sale or refinancing, allowing assistance to be recalibrated; any RDA 2 extension would require further consideration.
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 Up to $3.1 million.

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 Up to $3.1 million, 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.

What other contracts does Coldwater Capital Llc hold?

Coldwater Capital 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.

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