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Commission approves TEFRA resolution clearing path for Renown to issue up to $310 million in hospital revenue bonds
Summary
The Washoe County Board of County Commissioners unanimously approved a TEFRA public hearing resolution on June 24 clearing the way for the Public Finance Authority (Wisconsin) to issue up to $310,000,000 in hospital revenue bonds on behalf of Renown Regional Medical Center.
The Washoe County Board of County Commissioners unanimously approved a TEFRA public hearing resolution on June 24 allowing the Public Finance Authority of Wisconsin to issue up to $310,000,000 in hospital revenue bonds on behalf of Renown Regional Medical Center.
The action, taken after a short staff explanation and without public comment, authorizes the county to conduct the Tax Equity and Fiscal Responsibility Act (TEFRA) hearing required by federal tax…
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