FINANCIAL_SERVICESAPPROVED

Revere School District Awards Financial Services Contract to Revolution Storage Llc (June 2026)

Revere’s City Council approved a 20‑year PILOT agreement with Revolution Storage, LLC for a proposed battery energy storage facility at 0 Muzzy Street, projected to yield about $1.6 million in annual payments. The agreement locks in long-term tax-equivalent revenues as part of a broader $43 million benefit package for the city.

Status
APPROVED
Document date
June 22, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Revolution Storage Llc
Agency
Revere School District · MA

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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

Scope & details

The full contract record, as filed.

Contract amount
Approximately $1.6 million annually in PILOT payments (included in $43 million total over 20 years)
Contract type
FINANCIAL_SERVICES
Contract term
20 years
Renewal
20-year fixed term; no explicit renewal or extension terms are detailed in the minutes.
Document type
Minutes
Source document
City of Revere City Council Minutes 2026-06-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Revere School District?

Revolution Storage Llc was awarded this financial services contract by Revere School District, as recorded on June 22, 2026. The contract value is Approximately $1.6 million annually in PILOT payments (included in $43 million total over 20 years).

How much is the Revolution Storage Llc contract with Revere School District worth?

The Revolution Storage Llc contract with Revere School District is valued at Approximately $1.6 million annually in PILOT payments (included in $43 million total over 20 years), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Revere City Council Minutes 2026-06-22 (Minutes), dated June 22, 2026 from Revere School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Revolution Storage Llc hold?

Revolution Storage 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.

View Revolution Storage Llc's profile

What is Revere School District currently buying?

Explore Revere School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Revere School District's profile

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