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Commission approves first reading of home-rule ordinance to transfer hospital property to nonprofit corporation
Summary
The Coffeyville City Commission approved the first reading of a home-rule ordinance to dissolve the city-owned hospital entity and begin transferring hospital property and assets to Coffeyville Regional Medical Center, Inc.; commissioners discussed reversion rights and said the city sales tax that helps the hospital will remain in place.
The Coffeyville City Commission on Jan. 28 approved the first reading of a home-rule ordinance authorizing the dissolution of the city hospital entity and beginning the process to transfer title and assets to Coffeyville Regional Medical Center, Inc.
City Manager Ben Brubaker and Garth Herman of Gilmore & Bell, the city’s bond counsel, told commissioners the ordinance uses the state constitution’s home-rule authority to fill a gap where state statute does not specify how a city should dissolve a municipally owned hospital and transfer property to a nonprofit corporation. Herman…
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