Board backs short extension for Watsonville Hospital credit line while longer solution develops

County staff told the Board that the item on the consent calendar includes authorization to extend a revolving line of credit held by Pajaro Valley Healthcare District with West Coast Community Bank. The report said PVHCD currently owes $4,000,000 on the facility and that the county and three other organizations have each backed $1,000,000 of the line. Staff said the board was being asked to authorize a 120‑day extension while the hospital stabilizes and pursues refinancing or other options.