PERRY -- The Houston County Board of Commissioners on Tuesday approved a $20 million bond issue for the Hospital Authority to refinance an old loan as well as pay for new projects.
County Attorney Mike Long said the approval is a legal requirement for the bond to be issued, and it does not obligate the county financially in any way.
There is absolutely no county obligation involved in this at all, said Commissioner Tom McMichael. Its just strictly approval.
The resolution allows the authority to issue bonds for up to $20.3 million. About $10 million will be used to refinance a 2002 bond at a lower interest rate, and the remainder will pay for current projects. Those include paying off renovations to the Perry Hospital completed last year, as well as paying for a planned project to convert double rooms at the Perry Hospital to private rooms.
But the largest portion would be used to pay for expansion of the cardiac catheterization lab at the Houston Medical Center, which is currently under way.
Commissioner Larry Thomson, who serves on the Hospital Authority and presented the item, said the bond will pay for the $4.2 million expansion of the lab as well as $4 million in new, updated equipment.
Also at the meeting, the board appointed Commissioner Gail Robinson to serve as vice chairwoman for 2013. Commissioner Jay Walker served as vice chairman last year.
To contact writer Wayne Crenshaw, call 256-9725.