A resolution to approve a bond issue, the approval to purchase three new ambulances and an update on the partnership between West Tennessee Healthcare and the Jackson-Madison County School System highlighted the Board of Trustees monthly meeting at Jackson-Madison County General Hospital, Tuesday.
The resolution to approve a bond issue will replace and refund some bonds from 2008 and replace some funding for the acquisition for the Tennova hospitals.
The current outstanding debt includes two series – 2008 and 2105
Proposed bond Issue refunds 2008 Series at a savings to the organization of nearly $0.8m annually, and replaces interim financing for the acquisition.
Timetable:
Review/Approval by The City Council, Oct. 2; review/approval by The County Commission, Oct. 15, and WTH Rating meeting with Moody’s & S&P, Oct. 16.
Bond pricing, Nov. 13, and sign Bond purchase agreement, Nov. 14.
The Board also approved the purchase of three new ambulances at a cost of $559,938 from Budgeted District Funds.
David Alred, Director, Primary Care/Outpatient Services, WT Neuroscience & Spine and Annette Wilson, Coordinated School Health Administrator for Jackson Madison County Schools, discussed the partnership between WTH and the school system.
“We had a great report from David Alred and Annette Wilson on the partnership between West Tennessee Healthcare and the Jackson-Madison County School System, and our school health program,” said Amy Garner, a vice-president of West Tennessee Healthcare, “We’ve gone from five nurses in 1998 to 20 nurses at the 23 schools, and that’s a great successful partnership.”
(PHOTO: Danny Wheeler, chairman, West Tennessee Board of Trustees, right, is pictured with Chris Matheny, senior executive assistant, following Tuesday’s Board meeting)
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