Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves 25-year lease with Redding Rodeo Association, requires multi-million-dollar improvements
Summary
The council approved a 25-year primary lease with two 10-year extensions for the Redding Rodeo Association, keeping the rodeo grounds city property while committing the association to $12 million-plus in phased facility improvements and quarterly coordination with vendors.
The Redding City Council on Tuesday approved a long-term lease agreement with the Redding Rodeo Association that gives the nonprofit a 25-year primary lease and two 10-year optional extensions for the city-owned rodeo grounds.
City staff and an ad-hoc committee, led during negotiations by council and staff representatives, presented the lease, which remains a city-owned facility but affords the Redding Rodeo Association long-term security at an annual rent of $50 per year. "It's a 25-year primary lease with two 10-year optional extensions, which provides long term security for the Redding Rodeo Association," Barry Tippen (City Manager) told council.…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
