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Warren County commissioners approve inducement resolution for up to $8 million in hospital facility revenue bonds for Community First Solutions
Summary
Commissioners voted to indicate the county's intent to issue conduit hospital facilities improvement revenue bonds, not county debt, to finance Community First Solutions’ acquisition of a 41-unit assisted living facility in Mason; bond amount capped at $8 million.
The Warren County Board of Commissioners approved an inducement resolution indicating the county’s intent to issue hospital facilities improvement revenue bonds not to exceed $8,000,000 to finance Community First Solutions’ acquisition of an assisted-living facility on Reading Road in Mason.
Ally Kimbler, bond counsel with Dinsmore & Shohl, told commissioners the transaction would be issued through the county as…
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