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York County adopts consent items that include resolution for up to $400 million WellSpan conduit bond
Summary
York County commissioners approved consent items on Sept. 17 that included a resolution authorizing a conduit bond issue of up to $400 million on behalf of WellSpan Health to help finance a large expansion of its York hospital campus.
York County commissioners on Sept. 17 approved consent items that included a resolution authorizing a conduit bond issue of up to $400 million on behalf of WellSpan Health to support expansion projects at the health system's York campus, presenters said.
The resolution, presented during the meeting's public portion, would permit the South Central Pennsylvania General Authority to issue tax-exempt conduit debt for projects at the York campus. Kenneth Hansen, with the York County Economic Alliance and representing the general authority, told commissioners the authority had advertised and held a public hearing before the meeting "pursuant to federal law" and received no adverse comments.
The bond proceeds will be used for work on an…
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