Rome Agency Reviews RNG Investments TAD Assistance Request
- Disclosed value
- Requested $11.2 million in TAD assistance; City counterproposal not to exceed $5 million; proposed 90% of annual tax increment until $11.2 million request is fulfilled
- From minutes
- Document date
- Aug 5, 2026
The 30-second brief
The Rome Redevelopment Agency discussed RNG Investments, LLC's request for TAD assistance to support a proposed 360-unit residential development with an anticipated project cost of $44.3 million. No funding was approved; City staff will evaluate a potential contribution, with the City considering a maximum of $5 million or a percentage-based tax-increment arrangement over a projected 10-year term.
Rng Investments LLC holds this contract with City of Rome. Its other public contracts on record include work for Rome Fire Department.
Term as filed: Projected 10-year TAD term; development agreement term to be negotiated.
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Contract details
- Amount
- Requested $11.2 million in TAD assistance; City counterproposal not to exceed $5 million; proposed 90% of annual tax increment until $11.2 million request is fulfilled
- Document date
- August 5, 2026
- Term
- Projected 10-year TAD term; development agreement term to be negotiated
- Vendor
- Rng Investments LLC
- Agency
- City of Rome
- Source document
- Rome Redevelopment Agency Minutes TAD Application – Match Point Way, RNG Investments, LLC 2026-08-05 (Minutes)
Rng Investments LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Rome?
Rng Investments LLC was awarded this government contract by City of Rome, as recorded on August 5, 2026. The contract value is Requested $11.2 million in TAD assistance; City counterproposal not to exceed $5 million; proposed 90% of annual tax increment until $11.2 million request is fulfilled.
How much is the Rng Investments LLC contract with City of Rome worth?
The Rng Investments LLC contract with City of Rome is valued at Requested $11.2 million in TAD assistance; City counterproposal not to exceed $5 million; proposed 90% of annual tax increment until $11.2 million request is fulfilled.
What type of contract is this?
This is a government contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Rome Redevelopment Agency Minutes TAD Application – Match Point Way, RNG Investments, LLC 2026-08-05 (Minutes), dated August 5, 2026 from City of Rome. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rng Investments LLC hold?
Rng Investments 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 Rome currently buying?
Explore City of Rome's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.