CONTRACTPENDING

$10M health bond for Ashland medical facility

Disclosed value: $10,000,000; From agenda
Document date: Oct 16, 2025
Term: 2025-2041

What it covers

Ashland County is set to issue a $10 million health care facilities revenue bond for Memorial Medical Center's expansion. The bond will finance the construction of a two-story addition and renovation of the existing clinic facility, with Johnson Bank as the lender.

Who holds it

Memorial Medical Center holds this loan contract with Ashland County. Its other public contracts on record include work for Sangamon County and Calhoun County.

What happens next

Term as filed: 2025-2041.

See who signed off on this $10M contract.

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Contract details

Contract type: Loan
Amount: $10,000,000
Document date: October 16, 2025
Term: 2025-2041
Vendor: Memorial Medical Center
Agency: Ashland County
Source document: ashland-county-finance-economic-development-committee-agenda-october-16-2025_7f5.pdf (Agenda)

Memorial Medical Center's other public contracts

Sangamon County, IllinoisCounty Considers Memorial Medical Laboratory Services · Oct 11, 2026$90K Calhoun County, TexasCounty Receives Memorial Medical Center Monthly Report · Jun 10, 2026Undisclosed Sangamon County, IllinoisPublic Health Lab Services Contract with Memorial Medical Center · May 12, 2026$70K Town of Cooper, IllinoisPublic Health Lab Services Contract With Memorial Medical Center · May 12, 2026$70K Town of Cooper, IllinoisCounty Increases Lab Services Spending with Memorial Medical Center · May 6, 2026 All Memorial Medical Center contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Ashland County?

Memorial Medical Center was awarded this loan contract by Ashland County, as recorded on October 16, 2025. The contract value is $10,000,000.

How much is the Memorial Medical Center contract with Ashland County worth?

The Memorial Medical Center contract with Ashland County is valued at $10,000,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in ashland-county-finance-economic-development-committee-agenda-october-16-2025_7f5.pdf (Agenda), dated October 16, 2025 from Ashland County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Memorial Medical Center hold?

Memorial Medical Center may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Ashland County currently buying?

Explore Ashland County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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