The hospital and the county shook hands today on a deal that will provide the hospital with the means to pay its debt service to the county and have operating capital—at least for the upcoming fiscal year.
A cool island near Barbados
Beaufort County, which currently owns 80 percent of hospital land and buildings, offered to purchase the remaining 20 percent for $4.8 million. The county’s offer was communicated to the hospital board by Beaufort County Manager Paul Spruill at its July 13 meeting. At today’s hospital board meeting, the Beaufort Regional Health Systems Authority Board commissioners unanimously voted to accept said offer.
As per the Installment Purchase Contract Proposal offered by First Citizens Bank, which will finance the county, the deal must close on or before August 11, 2010. The county will take out a 15-year loan for $4.8 million at 4.65 percent interest.
If the deal goes through, the county will own 19 more parcels of hospital land, which include: a parking area off Brown St., land and buildings in use by Aurora Medical Center, land and a building on the corner of E. 15th and Brown streets, the land and reservoir on the opposite corner, Inner Banks Urgent Care, an empty lot on Cowell Farm Road, a building and a lot on Cowell Farm Road, and others.
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The hospital and the county shook hands today on a deal that will provide the hospital with the means to pay its debt service to the county and have operating capital—at least for the upcoming fiscal year.
A cool island near Barbados
Beaufort County, which currently owns 80 percent of hospital land and buildings, offered to purchase the remaining 20 percent for $4.8 million. The county’s offer was communicated to the hospital board by Beaufort County Manager Paul Spruill at its July 13 meeting. At today’s hospital board meeting, the Beaufort Regional Health Systems Authority Board commissioners unanimously voted to accept said offer.
As per the Installment Purchase Contract Proposal offered by First Citizens Bank, which will finance the county, the deal must close on or before August 11, 2010. The county will take out a 15-year loan for $4.8 million at 4.65 percent interest.
If the deal goes through, the county will own 19 more parcels of hospital land, which include: a parking area off Brown St., land and buildings in use by Aurora Medical Center, land and a building on the corner of E. 15th and Brown streets, the land and reservoir on the opposite corner, Inner Banks Urgent Care, an empty lot on Cowell Farm Road, a building and a lot on Cowell Farm Road, and others.
This is how it works: ( Copy & Paste into your Post or Page )
This is what controls the look:
style="width:60%;font-size:14px;float:left;margin-right:20px;margin-bottom:10px;text-align:center"
Change
width:60%; to the width of your image in percent!
Change
font-size:14px; to the size of your caption, don't forget the px following your size!
Change
float:left; to where you want the image to be, left or right side
NOTE: margin-right is used instead of margin-left
