The sale and purchase need to happen back of the building where a printing press fast. The Pennington pledge has to be finalwas removed. The hole was covered with ized by September 1. plywood. Importantly, the city has no firm “We’re expecting the deal with Reno idea of how it will pay for the complete will close soon since it looks like there’s cost of the building. The total purchase is a pretty hard deadline for the city to act in expected to be $33 million. order to secure funding from the Pennington The Pennington Foundation pledged $5 Foundation,” RGJ’s Executive Editor Brian million toward the purchase, sales of other Duggan said. “The newsroom isn’t directly city properties could produce another $4.3 involved in those negotiations, though, million, and the city’s general fund so we’re waiting to see the will cover $7 million. That outcome like everyone else.” means $17 million is still The RGJ building has needed. As of July 24, what the current RPD Assistant City Manager building does not—space, Bill Thomas said the and plenty of it. This is city did not have a needed for things such solid plan to cover as staffing, evidence that amount. storage, and importantly, “We need to come confidentiality. As law back with a financing enforcement increasingly plan to show ... how this Brian Duggan deals with mental health is going to be funded,” Executive editor challenges, confidentiality, he explained. “We’ve had making police reports and conversations—multiple conducting interviews are difficonversations—with the cult in the existing RPD building. philanthropic community, and what “It’s the majority of what we do,” Soto they’ve told us is, right now, they want to see said, “because there’s no more resources. whether the council really wants to do this.” We’re teachers, we’re doctors, we’re theraSince the city approved the purchase, pists, we’re counselors, were police officers, Thomas said council’s approval would we’re rescue units—they work really hard.” “be the gateway to go out to the many RPD’s new headquarters could become philanthropic organizations to get them ... to a reality as early as November of 2020 with pledge money. final phases competed by July of 2021. “Realistically, that’s probably somewhere Bob Conrad runs the Reno-area news between $5 and $10 million dollars,” he and events website, ThisisReno.com, which added. “Best case, we can probably get $10 partners with the Reno News & Review. □ million that way. That $7 million that’s left. There is a cost that we’re going to have to pay either way. Exactly how we’ll do that, we’ll have to bring back to the council, but maybe we can sell more properties so that $7 million goes down, but, again, we have an For more on the Gannett/Gatehouse merger, see exposure in the current station at $7 million.” https://bit.ly/2YX9UtP and https://bit.ly/2q6TprT.
“We’re waiting to see the outcome like everyone else.”
The space at the back of the building where the press was removed. The Gazette Journal is now printed in Carson City. PHOTO/DENNIS MYERS
08.22.19
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RN&R
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