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Commissioners give host approval for Bon Secours Mercy Health conduit bonds; county not liable
Summary
Warren County commissioners approved a resolution giving host approval for up to $942 million in Bon Secours Mercy Health hospital facilities revenue bonds; county counsel and bond counsel emphasized the bonds are conduit revenue bonds and not obligations of the county. Commissioners voted unanimously.
At a public hearing March 8, the Warren County Board of Commissioners approved a resolution granting host approval for Bon Secours Mercy Health to issue hospital facilities revenue bonds in an amount not to exceed $942,000,000.
Rebecca Conrad, an associate attorney at Dinsmore & Shohl serving as bond counsel for the transaction, told the board the proceeds would be allocated among 15…
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