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Hamilton County holds first public hearing on up to $23 million general obligation bond to buy Riverview Hospital property

5806344 · August 7, 2025
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Summary

County bond counsel and municipal adviser presented the statutory preliminary information for a proposed general obligation bond not to exceed $23 million to purchase Riverview Hospital real estate; state law requires two hearings and the council will hold a second hearing in September.

Hamilton County held the first of two statutorily required public hearings Aug. 6 on an ordinance to authorize general obligation bonds not to exceed $23,000,000 to purchase real estate now owned by Riverview Hospital.

Max Adams, an attorney with Barnes & Thornburg serving as bond counsel for the 2025 B general obligation series, explained that the ordinance opens the general obligation process and that state law requires two public hearings before moving forward on bonds of a certain size. Oscar…

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