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Committee backs EDA recommendation for up to $365M Centra Health conduit bonds to modernize Lynchburg General Hospital
Lynchburg City Council / Finance Committee (work session) · April 29, 2026
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Summary
The finance committee recommended council approval of Economic Development Authority conduit revenue bonds of up to $365,000,000 for Centra Health; staff and the EDA said the debt is a conduit obligation of Centra and not the city.
Staff presented a request from the Economic Development Authority to issue up to $365,000,000 in conduit revenue bonds to support a major modernization and expansion at Lynchburg General Hospital, including a new patient tower and expanded…
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