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Finance committee backs sending Ascension $25 million bond request to full board
Summary
Rutherford County Finance Committee members voted to recommend that the Rutherford County Board proceed with a bond financing request from Ascension Health Alliance that committee members were told would bring about $25,000,000 to the Murfreesboro hospital.
Rutherford County Finance Committee members voted to recommend that the Rutherford County Board proceed with a bond financing request from Ascension Health Alliance that committee members were told would bring about $25,000,000 to the Murfreesboro hospital.
Senator Bolden, identifying himself as a vice mayor and alderman from Murfreesboro, told the committee the request is part of a larger, multi-state 501(c)(3) financing arrangement in which a single issuer is used to reduce costs. "It's a cost savings to Ascension,…
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