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FINANCIAL_SERVICESAPPROVED

Sandy Urban Renewal Board AgendaPacket 2026-05-18

Capital Improvement Grant for Three Creeks Build‑Out

$100,000City of SandyWRG THREE CREEKS SANDY LLCMay 18, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Sandy Urban Renewal Agency will provide a Capital Improvement Grant of up to $100,000 to WRG Three Creeks Sandy LLC for renovation and permanent equipment at a new restaurant and pub at 38015 US‑26. The matching grant reimburses 50% of eligible construction and build‑out costs in exchange for a 10‑year maintenance commitment.

Contract Details

Contract Amount

$100,000

Vendor

WRG THREE CREEKS SANDY LLC

Agency

City of Sandy, OR

Contract Type

FINANCIAL_SERVICES

Document Date

May 18, 2026

Contract Term

Project timeline: Grant award March 25, 2026; permit issuance April 1, 2026; construction commencement May 1, 2026; project completion August 1, 2026; maintenance obligation for 10 years after completion

Renewal Date

2036-08-01

Renewal Info

One‑time capital improvement grant with a 10‑year maintenance requirement; Agency may grant a six‑month extension for project completion but the contract does not include recurring renewal terms.

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