CONTRACTAPPROVED

City of Sierra Vista Awards Financial Services Contract to Herbert J. Sims & Company Inc (May 2026)

Disclosed value: Not to exceed $26,000,000; From resolution
Approved: May 28, 2026

What it covers

Sierra Vista approved a Bond Purchase Agreement with Herbert J. Sims & Co., Inc. as underwriter for The Paideia Academies Project revenue refunding bonds. The authorized bond issuance is stated as not to exceed $26 million and will refinance existing charter-school facility debt.

Who holds it

Herbert J. Sims & Company Inc holds this financial services contract with City of Sierra Vista. Its other public contracts on record include work for North Carolina Department of State Treasurer | State of North Carolina and Minnesota Health and Education Facilities Authority | State of Minnesota.

What happens next

Term as filed: For the Series 2026 bond issuance; term not specified.

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Contract details

Contract type: Financial Services
Amount: Not to exceed $26,000,000
Document date: May 28, 2026
Term: For the Series 2026 bond issuance; term not specified
Vendor: Herbert J. Sims & Company Inc
Agency: City of Sierra Vista
Source document: City of Sierra Vista Resolution 2026-037 The Paideia Academies Project 2026-05-28 (Resolution)

Herbert J. Sims & Company Inc's other public contracts

North Carolina Department of State Treasurer | State of North Carolina, North CarolinaNCMCC Names Herbert J. Sims Senior Housing Underwriter · Oct 15, 2026Undisclosed Minnesota Health and Education Facilities Authority | State of Minnesota, MinnesotaHerbert J. Sims Underwrites Glenhaven Series 2026 Bonds · Oct 8, 2026Undisclosed City of Sierra Vista, ArizonaSierra Vista Approves Sims Underwriting for Eduprize Bonds · May 28, 2026 City of Sierra Vista, ArizonaHerbert J. Sims Selected to Underwrite School Bonds · Mar 26, 2026 Utah Charter School Finance Authority | State of Utah, UtahHerbert J. Sims Named Underwriter For Series 2026 Bonds · Mar 1, 2026Undisclosed

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Questions about this contract

Who was awarded the financial services contract by City of Sierra Vista?

Herbert J. Sims & Company Inc was awarded this financial services contract by City of Sierra Vista, as recorded on May 28, 2026. The contract value is Not to exceed $26,000,000.

How much is the Herbert J. Sims & Company Inc contract with City of Sierra Vista worth?

The Herbert J. Sims & Company Inc contract with City of Sierra Vista is valued at Not to exceed $26,000,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Sierra Vista Resolution 2026-037 The Paideia Academies Project 2026-05-28 (Resolution), dated May 28, 2026 from City of Sierra Vista. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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