Civic IQ
FINANCIAL_SERVICESAPPROVED

Redding City Council Regular Meeting Minutes February 2026

City Approves Short-Term Funding and Lease Changes for Advance Redding

Not to exceed $464,000 over four-month termHOUSING AUTHORITY OF THE city OF REDDINGADVANCE REDDINGFebruary 17, 2026

Trusted by teams at

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
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

Description

Redding City Council approved a short-term grant agreement with Advance Redding of up to $464,000 over four months to support Civic Auditorium operations and authorized a second lease amendment providing rent relief and a 60-day termination clause. Further funding will depend on financial reporting and participation in a future RFP for auditorium operations.

Contract Details

Contract Amount

Not to exceed $464,000 over four-month term

Vendor

ADVANCE REDDING

Agency

HOUSING AUTHORITY OF THE city OF REDDING, CA

Contract Type

FINANCIAL_SERVICES

Document Date

February 17, 2026

Contract Term

Four-month term from the date of the 2026 Short Term Grant Agreement, with payments beginning March 1, 2026

Renewal Date

2026-07-01

Renewal Info

Four-month grant agreement; Council directed staff and Advance Redding to return by May 19, 2026, with an update and long-term options as a condition for any further funding, and added a 60-day no-cause termination clause to the lease.

More from ADVANCE REDDING

Related Contracts

Bring us your territory.
We'll show you what is forming.

See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.

Try Civic IQ for free