RSA Amends Engagement With HJ Sims
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Description
Redding School of the Arts amended its engagement with investment banker HJ Sims for high school facility financing, responding to a requested structuring fee increase to $50,000 by approving a counter-offer of $25,000. The engagement supports bond financing for construction and related capital improvements.
Contract Details
Contract Amount
Structuring Fee increased to $50,000 (board countered with $25,000)
Vendor
HJ SIMS
Agency
Redding School of the Arts District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 25, 2026
Renewal Info
Originally engaged in August 2024; June 11, 2026 action updates the engagement letter and fee structure. Future amendments may follow as financing progresses.
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