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Council holds public hearing as TidalHealth Nanticoke seeks tax‑exempt bonds to build Millsboro medical campus
Summary
TidalHealth Nanticoke proposed up to $140 million in tax‑exempt bonds, with $84 million allocated to Sussex County projects including a new 93,000‑square‑foot medical center near Millsboro; county held the required public hearing and closed the record with no public opposition.
Sussex County held a public hearing July 29 required under Section 147(f) of the Internal Revenue Code after TidalHealth Nanticoke announced plans to issue up to $140 million of tax‑exempt bonds, $84 million of which could be used for projects in Sussex County.
Finance Director Gina Jennings said the bonds would finance or refinance acquisition, construction, improvement and equipping of…
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