Rhome Considers Strategic Partnership with Rolling V Ranch
City of RhomeCity · TX- Disclosed value
- 50% of Sales and Use Tax Revenues during years 1–19; 40% beginning in year 20
- From agendapacket
- Document date
- Nov 5, 2026
The 30-second brief
Rhome considered a Strategic Partnership Agreement with Rolling V Ranch Water Control and Improvement District No. 2 of Wise County. The proposed agreement would support limited-purpose annexation of commercial areas and share sales-tax revenues, with final action pending after required public hearings.
Rolling V Ranch Water Control & Improvement District No. 2 of Wise County holds this contract with City of Rhome.
Term as filed: Effective upon execution in 2026 and continuing until full-purpose annexation; sales-tax provisions terminate upon disannexation or full-purpose annexation of the applicable property.
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Contract details
- Amount
- 50% of Sales and Use Tax Revenues during years 1–19; 40% beginning in year 20
- Document date
- November 5, 2026
- Term
- Effective upon execution in 2026 and continuing until full-purpose annexation; sales-tax provisions terminate upon disannexation or full-purpose annexation of the applicable property
- Vendor
- Rolling V Ranch Water Control & Improvement District No. 2 of Wise County
- Agency
- City of Rhome
- Source document
- City of Rhome AgendaPacket City Council Meeting 2026-11-05 (AgendaPacket)
Rolling V Ranch Water Control & Improvement District No. 2 of Wise County's other public contracts
More City of Rhome contracts
Questions about this contract
Who was awarded the government contract by City of Rhome?
Rolling V Ranch Water Control & Improvement District No. 2 of Wise County was awarded this government contract by City of Rhome, as recorded on November 5, 2026. The contract value is 50% of Sales and Use Tax Revenues during years 1–19; 40% beginning in year 20.
How much is the Rolling V Ranch Water Control & Improvement District No. 2 of Wise County contract with City of Rhome worth?
The Rolling V Ranch Water Control & Improvement District No. 2 of Wise County contract with City of Rhome is valued at 50% of Sales and Use Tax Revenues during years 1–19; 40% beginning in year 20.
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 Rhome AgendaPacket City Council Meeting 2026-11-05 (AgendaPacket), dated November 5, 2026 from City of Rhome. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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