CONTRACTPENDING

Term Sheet OK’d to Restructure Reno Aces Stadium Deal

Document date: Jan 28, 2026

What it covers

Reno City Council approved a term sheet to renegotiate the Greater Nevada Field public‑private partnership with Nevada Land LLC, extending the Reno Aces’ non‑relocation commitment by 20 years and shifting stadium improvements’ title to Nevada Land LLC. The framework relies on redevelopment funds to cover a remaining multi‑million‑dollar payment obligation and anticipates additional private capital investment in the district.

Who holds it

Nevada Land LLC holds this facilities contract with City of Reno.

What happens next

Term as filed: Non-relocation commitment extended by 20 years; payments through approximately 2035.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Prefer ChatGPT or Claude? Ask Civic IQ about this contract →

Contract details

Contract type: Facilities
Document date: January 28, 2026
Term: Non-relocation commitment extended by 20 years; payments through approximately 2035
Vendor: Nevada Land LLC
Agency: City of Reno
Source document: Reno City Council Minutes 2026-01-28 (Minutes)

Nevada Land LLC's other public contracts

City of Reno, NevadaStadium Partnership Agreements Amended with Nevada Land LLC · Feb 25, 2026Undisclosed City of Reno, NevadaReno Aces stadium agreements renegotiation with Nevada Land · Jan 28, 2026Undisclosed City of Reno, NevadaReno approves revised stadium agreement with Nevada Land · Jan 28, 2026 City of Reno, NevadaReno considers new stadium partnership terms with Nevada Land · Jan 28, 2026Undisclosed City of Reno, NevadaReno Aces Stadium Deal Restructuring with Nevada Land · Jan 28, 2026Undisclosed All Nevada Land LLC contractsVendor profile

More City of Reno contracts

Pro ParkPro Park Takes Over Parking Gallery Operations · Nov 2, 2026Undisclosed DRPReno Plans Public-Space Maintenance Partnership With DRP · Nov 2, 2026Undisclosed GEHLBoard Discusses Gehl Virginia Street Placemaking Study · Nov 2, 2026Undisclosed Macleod WattsOPEB Board Discusses MacLeod Watts Actuarial Valuation · Oct 29, 2026Undisclosed Macleod WattsBoard Discusses OPEB Actuarial Valuation With MacLeod Watts · Oct 29, 2026Undisclosed All City of Reno activityAgency profile

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.

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 Reno City Council 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.

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.

Show 1 more question

What is City of Reno currently buying?

Explore City of Reno's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →

More City of Reno contracts →Browse all agencies in Nevada →