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Commission hears request to authorize $1.5 billion bond issuance for Vanderbilt projects in county; officials say county credit not at risk
Summary
The commission reviewed Resolution 2638 seeking permission for the Health and Educational Facilities Board to issue $1.5 billion in bonds to loan to Vanderbilt Medical Center for improvements affecting Montgomery County; staff told commissioners the request would not affect county bonds or bond ratings.
Montgomery County commissioners heard presentation of Resolution 2638, which asks the commission to approve issuance of bonds by the Health and Educational Facilities Board of the Metropolitan Government of Nashville and Davidson County. According to the resolution text read into the…
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