Henrico County Board approves $180M bond for Bon Secours Mercy Health expansion

March 25, 2025 | Henrico County, Virginia

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This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Henrico County Board of Supervisors convened on March 25, 2025, to discuss several key resolutions impacting local development and services. The meeting highlighted significant financial decisions, including the approval of revenue bonds and contracts for essential services.

One of the primary agenda items was the resolution to approve the issuance of up to $180 million in revenue bonds by the Henrico County Economic Development Authority for Bon Secours Mercy Health. This funding will support major renovations and expansions at Saint Mary's Hospital. The bond issue is part of a larger $600 million initiative benefiting 12 facilities across 11 localities, marking a historic financial commitment for the county.
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The board also awarded a contract to Cherry Beckert LLP for audit services, following a competitive proposal process. This contract, which spans one year, aims to ensure financial accountability and transparency within the county's operations.

Additionally, the board authorized change orders for the Cobbs Creek Reservoir project, amounting to over $10 million, to address outstanding claims and necessary adjustments in construction. This project is crucial for the county's water infrastructure.

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In another significant move, the board approved a contract with Whitman Requardt Associates for annual engineering services related to bridge and facility design and repair. This contract will facilitate ongoing maintenance and improvements to the county's infrastructure.

The meeting concluded with the addition of a new agenda item focused on zoning ordinance amendments for data centers. This resolution directs staff to develop proposed changes for review, reflecting the county's proactive approach to managing growth in technology sectors.

Overall, the board's decisions during this meeting underscore Henrico County's commitment to enhancing healthcare facilities, maintaining infrastructure, and adapting zoning regulations to meet future demands.

Converted from Henrico County - Board of Supervisors - Mar 25, 2025 meeting on March 25, 2025
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