City of Reno Awards Facilities Contract to Nevada Land LLC (January 2026)
City of RenoCity · Reno, NV- Disclosed value
- $1,000,000 annually (existing obligation) and remaining $17,000,000 of a $30,000,000 commitment
- From minutes
- Approved
- Jan 28, 2026
The 30-second brief
The Reno Redevelopment Agency Board approved a term sheet to renegotiate the existing stadium agreements with Nevada Land LLC, extending the non-relocation commitment by 20 years and transferring title of stadium improvements to Nevada Land LLC while keeping payments funded solely from redevelopment funds. The Executive Director is authorized to finalize and execute the revised Ground Lease, Stadium Lease, Payment, and Settlement and Restructuring Agreements consistent with this framework.
Nevada Land LLC holds this facilities contract with City of Reno.
Term as filed: Extend team non-relocation commitment by 20 years; RDA2 funds used until 2035 then transition to RDA1.
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Contract details
- Contract type
- Facilities
- Amount
- $1,000,000 annually (existing obligation) and remaining $17,000,000 of a $30,000,000 commitment
- Document date
- January 28, 2026
- Term
- Extend team non-relocation commitment by 20 years; RDA2 funds used until 2035 then transition to RDA1
- Vendor
- Nevada Land LLC
- Agency
- City of Reno
- Source document
- City of Reno Redevelopment Agency Board Minutes 2026-01-28 (Minutes)
Nevada Land LLC's other public contracts
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Questions about this contract
Who was awarded the facilities contract by City of Reno?
Nevada Land LLC was awarded this facilities contract by City of Reno, as recorded on January 28, 2026. The contract value is $1,000,000 annually (existing obligation) and remaining $17,000,000 of a $30,000,000 commitment.
How much is the Nevada Land LLC contract with City of Reno worth?
The Nevada Land LLC contract with City of Reno is valued at $1,000,000 annually (existing obligation) and remaining $17,000,000 of a $30,000,000 commitment, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Reno Redevelopment Agency Board Minutes 2026-01-28 (Minutes), dated January 28, 2026 from City of Reno. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Nevada Land LLC hold?
Nevada Land 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 Reno currently buying?
Explore City of Reno's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.