During the public hearing portion of the Jackson County Commission meeting, staff introduced a request to approve a resolution supporting a public finance authority's plan to issue revenue bonds to acquire existing radiation oncology centers, including one located in Jackson County on Barters Mill Road.
Daniel Moore described the financing: "The aggregated total of the bonds will not exceed $190,000,000," and he added, "The portion for the project located in Jackson County will not exceed 6,500,000." He said proceeds would be used to finance the acquisition, make any required deposits to a reserve fund and to cover issuance costs. Moore stated the public purpose is "to continue to provide the residents of the county with medical facilities and services."
Commissioners and members of the public asked questions about experience and liability. County officials confirmed that the county will not be liable for repayment; Moore reiterated "No cost, no liability." A representative said the center delivered roughly 2,000 treatments last year, stressing local access to services.
After the hearing, a motion to approve the resolution and allow the chair to sign was made and seconded; the motion carried. The approval advances the financing process but does not itself transfer property or close a financing; those actions would require separate documents and subsequent steps by the public finance authority and participating lenders.