City Approves Short-Term Funding and Lease Changes for Advance Redding
Trusted by teams at
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
Issuing Agency
Local Housing Authority
Redding, CA
More from HOUSING AUTHORITY OF THE city OF REDDING
City of Redding City Council Meeting Agenda May 19, 2026
City of Redding City Council Meeting Agenda May 19, 2026
City of Redding City Council Meeting Agenda May 19, 2026
City of Redding City Council Meeting Agenda May 19, 2026
City of Redding City Council Meeting Agenda May 19, 2026
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.