Posts Tagged ‘default’

Supervisor: Would be ‘catastrophic’ if hospital defaulted on payment

by Associated Press Published: January 16,2013

Tags: bank, banker, banking, board of supervisors, bond, county government, default, elected official, finance, financial institution, health care, hispital, home, homeowner, homestead exemption, house, mill, millage, public official, residence, resident, supervisor, tax, taxpayer

NATCHEZ — Natchez Regional Medical Center wants to take Adams County’s taxpayers off the hook as cosigners for its revenue bond. The Natchez Democrat reports the Mississippi Development Bank in 2006 required the hospital to show collateral before it would reissue the revenue bond. Adams County pledged a 5-mill standby tax that would not be [...] [...]

County reclaims hospital after operator defaults on lease

by Associated Press Published: August 6,2012

Tags: county, county government, default, health, health care, hospital, lease, medical, medicine, public health

PORT GIBSON — Claiborne County supervisors have taken back the local hospital after the former operator missed two years’ of lease payments. The board voted to retake the facility from Tupelo-based Rural Healthcare Developers, the Vicksburg Post reports. County administrator James Johnson said business continues as usual. The 25-bed facility is now called Claiborne County [...] [...]

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