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FINANCIAL_SERVICESAMENDED

Redding School of the Arts AgendaPacket 2026-06-25

RSA Amends Engagement With HJ Sims

Structuring Fee increased to $50,000 (board countered with $25,000)Redding School of the Arts DistrictHJ SIMSJune 25, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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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
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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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