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Waterville approves amendment to Lucas County health-district operating agreement; city to pay $16,208.37 annually for five years
Summary
Council unanimously approved Resolution 30-25 with one dissent to amend the Lucas County Regional Combined Health District operating agreement to allow financing for a new building and renovations; the city’s share is $16,208.37 per year for five years to be paid from the real estate settlement.
The Waterville City Council approved Resolution 30-25 on Sept. 22 to amend the Lucas County Regional Combined Health District operating agreement so the district can finance the purchase and renovation of a new facility.
City staff said the amendment extends the operating agreement term to permit financing of roughly $5.8 million in capital costs and that the health district will repay the loan over five years. Waterville’s share,…
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