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Sullivan County reviews plan to finance Bristol public-health building purchase
Summary
The Sullivan County Commission discussed a resolution to let the City of Bristol buy a public-health building now, with the county repaying $100,000 interest-free over four years and taking 70% ownership after payments; renovations were estimated at about $160,000 and would be paid from the county general fund.
Sullivan County officials reviewed an amended resolution on June 12 asking the county to reimburse the City of Bristol $100,000 over four years, interest-free, to facilitate Bristol’s purchase of a building for public-health services and to transfer roughly 70% ownership to the county after repayment.
The resolution matters because it would establish a county public-health presence in the city of Bristol while spreading the upfront cost: the city would buy the building and the county would reimburse the city in four annual payments of $100,000, interest-free, with closing costs additionally borne…
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