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Collington seeks county role as conduit issuer for $7.5 million preconstruction bond
Summary
Collington Episcopal Life Care requested that Prince George's County act as conduit issuer for a $7,500,000 taxable bond to fund preconstruction costs for its Vision 2030 campus renovation project, CEO Anne Gillespie told the County Council during public comment on March 18, 2025.
Collington Episcopal Life Care requested that Prince George's County act as conduit issuer for a $7,500,000 taxable bond to fund preconstruction costs for its Vision 2030 campus renovation project, Collington CEO Anne Gillespie told the County Council during public comment on March 18, 2025. The request was presented at the council's regular meeting in the County Council Chamber.
Gillespie said Collington is a "full service continuing care retirement community located on our 125 acre beautiful campus in Mitchellville," and described the community as serving "over 500 older adults" and employing "over 200 dedicated employees." She said the…
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