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Huron County approves up to $35 million in tax‑exempt bonds for Fisher‑Titus Medical Center

Board of Huron County Commissioners · March 3, 2025
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Summary

The Huron County Board adopted a resolution authorizing issuance of Hospital Facilities Revenue Bonds, Series 2026, in an amount not to exceed $35 million to refinance prior debt and finance a new roughly 20,000 sq. ft. Fisher‑Titus Bellevue health center; the county is not liable for repayment.

The Huron County Board of Commissioners on March 3 adopted a resolution authorizing the issuance of up to $35,000,000 in tax‑exempt Hospital Facilities Revenue Bonds for Fisher‑Titus Medical Center, a nonprofit hospital that will be solely responsible for repayment. The board voted 2–0 with Commissioner Harry Brady recorded absent.

The bond issue will refinance approximately $16 million of outstanding obligations and provide about $15 million of new financing, including roughly $10 million to build an approximately 20,000‑square‑foot Fisher‑Titus Bellevue Health Center and $5 million for future capital needs, according to…

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