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HHC CEO outlines construction plans and flags possible bond refinancing as state budget uncertainties continue
Summary
HHC President and CEO Paul Babcock updated trustees on ongoing and planned construction projects and projected capital requests through 2029; he said the corporation is monitoring state budget items and exploring refinancing options that would require multiple approvals.
Paul Babcock, president and CEO of the Health and Hospital Corporation, provided trustees with a construction update and a forward look at capital requests and potential financing changes.
Babcock highlighted progress at the new public health laboratory and said the corporation expects to invite trustees to a groundbreaking for the IMS headquarters in April or May.…
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