Sunday, November 22, 2015

Fairhope Council To Authorize $250 Million Bond Issue

Fairhope, Alabama


A pubic hearing will be held during Monday's council meeting to approve a request by the Infirmary Heath System Special Care Facilities Training Authority of Mobile to issue up to $250 million of revenue bonds to provide financing for:

* A free-standing emergency room facility on Hwy 181 in
* Renovating and improving oncology facilities at Thomas
   Hospital (and at two others)
* A new diagnostic facility in Saraland.
* Improvements to various other acute care and hospital facilities.
* Refunding certain outstanding debt or bonds

After the Public hearing, if no objections are raised,  the council will pass a Resolution of support.

Legal notice published in' The Courier':

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