Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
EDA adopts resolution authorizing up to $365 million in revenue bonds for Centra Health
Summary
The Economic Development Authority voted to adopt a resolution authorizing revenue bonds not to exceed $365 million (plus amounts to refinance prior issues) to benefit Centra Health; presenters stressed the bonds are non‑recourse to the authority and repayment is Centra’s obligation.
The Economic Development Authority of the City of Lynchburg voted April 16 to adopt a resolution authorizing the issuance of revenue bonds for Centra Health in an amount not to exceed $365 million, plus amounts needed to refinance previously issued Centra bonds.
Pavina Margett introduced the resolution and counsel/finance staff described…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
