$130M Washington health system construction bond to be decided on by voters

Voters in Moses Lake, Wash., will be asked to approve or reject a $130 million construction bond request for Samaritan Healthcare on April 25, the Columbia Basin Herald reported April 11.

If the bond is approved, property owners would pay $1.10 per $1,000 of assessed property value.

Samaritan Healthcare commissioners initially voted to approve the construction of a new hospital in 2018. Hospital CEO Theresa Sullivan said commissioners originally thought they wouldn't need a bond.

If approved, the bond has a 30-year payback provision.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars