RV park agreement approved with Rodeo Drive LLC
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Description
Chino Valley Council approved a $786,500 Purchase and Sale Agreement and Economic Development Agreement with Chino Valley Rodeo Drive, LLC to facilitate construction of a new RV park. The deal includes an incentive structure tied to tax revenues with safeguards to protect the Town’s investment.
Contract Details
Contract Amount
$786,500
Vendor
CHINO VALLEY RODEO DRIVE LLC
Agency
Town of Chino Valley, AZ
Contract Type
FACILITIES
Document Date
May 9, 2026
Renewal Info
Economic Development Agreement includes performance-based incentive provisions with potential clawbacks if transaction privilege tax targets are not met; specific renewal or extension terms are not detailed.
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