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Residents urge Oktibbeha County to put hospital sale proceeds into permanent trust
Summary
Multiple residents delivered petitions and public comment asking Oktibbeha County supervisors to place the roughly $55–58 million from the sale of the county hospital into a permanent reserve or endowment rather than spending it for recurring expenses; the board acknowledged the comments and staff said trust legislation is being drafted.
Several Oktibbeha County residents urged supervisors to protect the proceeds from the recent sale of the county hospital by placing the funds into a permanent reserve or trust instead of using the money for ongoing operating costs.
Buddy Staggers, who identified himself as a third-generation county resident, told the Board the windfall is a "once in a lifetime" opportunity. "What we do with this $58,000,000 pot of money that's fallen into our lap is multi-generational," Staggers said, arguing that "you don't…
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