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Quorum Court OKs sending Arkansas Children’s Hospital refinancing resolution to full court
Summary
Quorum Court members voted to send Resolution 26I22 to the full court recommending a do-pass. An attorney for Arkansas Children’s Hospital said the supplemental lease supports a refinancing bond issue to lower the hospital’s debt-service costs and that the county bears no financial obligation.
Pulaski County’s Quorum Court voted to send Resolution 26I22 — a supplemental lease agreement with Arkansas Children’s Hospital — to the full court with a recommended do-pass. Attorney Michael Moyers, representing the hospital, told the court the transaction is refinancing for debt-service savings and is not new money.
Moyers said the lease…
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