CONTRACTDISCUSS​ED

Rome Agency Reviews RNG Investments TAD Assistance Request

City of Rome logoCity of Rome
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

What it covers

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.

Who holds it

Rng Investments LLC holds this contract with City of Rome. Its other public contracts on record include work for Rome Fire Department.

What happens next

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
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.

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