Item #85
Regular City Council Meeting
Council approves $95M bond issuance for Methodist Home nursing facility
$95.0M
, Red tier (over $1 million)
City backs $95 million in bonds to refinance and improve the Methodist Home for the Aging, a major long-term care facility serving seniors in the region.
Counterparty:
The Special Care Facilities Financing Authority of the City of Birmingham
Funding source:
Bond
Action type:
Resolution