CONTRACTAPPROVED

Jerold Phelps Community Hospital Awards Financial Services Contract to Redwood Region Economic Development Commission (July 2026)

Jerold Phelps Community Hospital logoJerold Phelps Community Hospital
Disclosed value
Not to exceed $600,000
From agendapacket
Approved
Jul 30, 2026
Renews
Free account

The 30-second brief

What it covers

The Southern Humboldt Community Healthcare District Board approved Resolution 26:09 to enter into a Loan and Security Agreement and Promissory Note with Redwood Region Economic Development Commission for up to $600,000. The loan, intended to support operating expenses, will bear interest at 6% annually through its January 30, 2027 maturity date and includes a security interest in anticipated ad valorem operating tax assessment collections in case of default.

Who holds it

Redwood Region Economic Development Commission holds this financial services contract with Jerold Phelps Community Hospital. Its other public contracts on record include work for Humboldt County.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $600,000
Document date
July 30, 2026
Term
Through January 30, 2027 (Maturity Date), interest at 6% per annum
Renews
On record
Source document
Southern Humboldt Community Healthcare District AgendaPacket Governing Board Meeting 2026-07-30 (AgendaPacket)

Redwood Region Economic Development Commission's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Jerold Phelps Community Hospital?

Redwood Region Economic Development Commission was awarded this financial services contract by Jerold Phelps Community Hospital, as recorded on July 30, 2026. The contract value is Not to exceed $600,000.

How much is the Redwood Region Economic Development Commission contract with Jerold Phelps Community Hospital worth?

The Redwood Region Economic Development Commission contract with Jerold Phelps Community Hospital is valued at Not to exceed $600,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Southern Humboldt Community Healthcare District AgendaPacket Governing Board Meeting 2026-07-30 (AgendaPacket), dated July 30, 2026 from Jerold Phelps Community Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Redwood Region Economic Development Commission hold?

Redwood Region Economic Development Commission may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Jerold Phelps Community Hospital currently buying?

Explore Jerold Phelps Community Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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