FINANCIAL_SERVICESAPPROVED

Jerold Phelps Community Hospital Awards Financial Services Contract to Redwood Region Economic Development Commission (July 2026)

Southern Humboldt Community Healthcare District approved Resolution 26:08 to enter into a loan agreement with Redwood Region Economic Development Commission for up to $600,000 at 6% interest to cover operating expenses through January 30, 2027. The CEO is authorized to execute the Loan and Security Agreement and related promissory note, secured by anticipated ad valorem operating tax assessments in case of default.

Status
APPROVED
Document date
July 30, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Redwood Region Economic Development Commission
Agency
Jerold Phelps Community Hospital · CA

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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
Not to exceed $600,000; interest at 6% per annum
Contract type
FINANCIAL_SERVICES
Contract term
Through January 30, 2027 (Maturity Date)
Renewal date
2027-01-30
Renewal
Single loan with a stated maturity date of January 30, 2027; no renewals or extensions are described in the resolution.
Document type
Agenda
Source document
Southern Humboldt Community Healthcare District Agenda 2026-07-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Jerold Phelps Community Hospital?

Redwood Region Economic Development Commission was awarded this financial services contract by Jerold Phelps Community Hospital, as recorded on July 30, 2026. The contract value is Not to exceed $600,000; interest at 6% per annum.

How much is the Redwood Region Economic Development Commission contract with Jerold Phelps Community Hospital worth?

The Redwood Region Economic Development Commission contract with Jerold Phelps Community Hospital is valued at Not to exceed $600,000; interest at 6% per annum, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Southern Humboldt Community Healthcare District Agenda 2026-07-30 (Agenda), dated July 30, 2026 from Jerold Phelps Community Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Redwood Region Economic Development Commission hold?

Redwood Region Economic Development Commission 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 Redwood Region Economic Development Commission's profile

What is Jerold Phelps Community Hospital currently buying?

Explore Jerold Phelps Community Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Jerold Phelps Community Hospital's profile

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