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Public hearing held on Christ Hospital tax-exempt bond issue; $150M expected, vote scheduled
Summary
The Butler County Board of Commissioners held a federally required public hearing on tax-exempt hospital facility bonds for the benefit of The Christ Hospital. Hospital officials said about $150 million is expected; two-thirds would refinance debt and roughly $50 million would reimburse capital investments, including Liberty Township expansions.
The Butler County Board of Commissioners opened a federally required public hearing on the proposed issuance of hospital facility revenue bonds to benefit hospitals affiliated with The Christ Hospital and heard a presentation from bond counsel and the hospital’s finance officer.
Attorney Michael Dean, serving as bond counsel, told the board federal law requires the hearing in any jurisdiction where bond proceeds will be used and said the bonds will be issued by Hamilton County’s hospital…
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