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Kalispell sets public hearing and gives preliminary approval for conduit bonds for Emmanuel Living at Buffalo Hill
Summary
Council granted preliminary, nonbinding approval and set a public hearing on April 7 to consider issuing conduit revenue bonds to refinance and finance improvements for Emmanuel Living at Buffalo Hill; staff said the bond would be a conduit financing with no city liability.
The Kalispell City Council adopted a resolution of intent to consider issuing conduit revenue bonds to refinance previously issued bonds and to finance capital improvements for Emmanuel Living at Buffalo Hill, a nonprofit continuing‑care retirement community. The council set a public hearing for April 7 as part of the process.
Staff explained the resolution provides nonbinding preliminary approval and starts the statutory notice and public hearing…
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