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Committee backs staff preparing EDRB resolution for Overland Park Regional Medical Center expansion
Summary
The committee recommended staff prepare a resolution of intent for economic-development revenue bonds (EDRB) to exempt sales tax on construction materials for Overland Park Regional Medical Center's two-phase expansion, endorsing staff to negotiate a development agreement and recommending council approval; the motion passed 5-1.
The committee reviewed a request by Overland Park Regional Medical Center for economic-development revenue bonds (EDRB) to secure sales-tax exemptions on construction materials for a two-phase hospital expansion.
Project overview Staff said the overall project scope encompasses two phases: phase one (anticipated to begin in 2025) would improve surgical operating suites and sterile processing and represents an estimated $40,000,000 portion of work; phase two would later expand the neonatal intensive-care unit and complete a previously approved tower, including relocation of the helipad. Staff and…
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