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Ground Lease for Early Learning Center Project

City of Fernley logoCity of Fernley
Disclosed value
$1/year
From contract
Document date
Oct 1, 2025
Term
40 years

The 30-second brief

What it covers

Ground lease agreement between City of Fernley and Boys & Girls Club of Truckee Meadows for an early learning center project. The lease term is 40 years with an annual rent of $1, with options to extend for two additional 10-year periods. Tenant is responsible for raising $4 million for construction costs.

Who holds it

Boys & Girls Club of Truckee Meadows holds this ground lease contract with City of Fernley. Its other public contracts on record include work for Lyon County School District and Nevada System of Higher Education Board of Regents.

What happens next

Term as filed: 40 years.

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Contract details

Contract type
Ground Lease
Amount
$1/year
Document date
October 1, 2025
Term
40 years
Vendor
Boys & Girls Club of Truckee Meadows
Agency
City of Fernley
Source document
ground_lease_boys_girls_club_of_truckee_meadows.pdf (Contract)

Boys & Girls Club of Truckee Meadows's other public contracts

Lyon County School District, NevadaLCSD and Boys & Girls Club Sign $467K Afterschool Partnership · Jun 12, 2026$467.9KNevada System of Higher Education Board of Regents, NevadaBoys & Girls Club Lease Approved · Jun 11, 2026UndisclosedNevada System Of Higher Education-System Office, NevadaLease Approved to Boys & Girls Club for Early Learning Center · Jun 11, 2026UndisclosedNevada System Of Higher Education-System Office, NevadaUNR/Boys & Girls Club Tri-Party Agreement for Early Learning Center · Jun 11, 2026Pinecrest Academy Of Northern Nevada, NevadaPinecrest Renews School Meal Contract With Boys Club · May 15, 2026UndisclosedAll Boys & Girls Club of Truckee Meadows contractsVendor profile

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Questions about this contract

Who was awarded the ground lease contract by City of Fernley?

Boys & Girls Club of Truckee Meadows was awarded this ground lease contract by City of Fernley, as recorded on October 1, 2025. The contract value is $1/year.

How much is the Boys & Girls Club of Truckee Meadows contract with City of Fernley worth?

The Boys & Girls Club of Truckee Meadows contract with City of Fernley is valued at $1/year, covering ground lease work.

What type of contract is this?

This is a Ground Lease contract, documented as a contract record.

Where was this contract approved?

This contract appears in ground_lease_boys_girls_club_of_truckee_meadows.pdf (Contract), dated October 1, 2025 from City of Fernley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Boys & Girls Club of Truckee Meadows hold?

Boys & Girls Club of Truckee Meadows 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 Fernley currently buying?

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

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