Kern County Hospital Authority Board of Governors Agenda 2026-06-17
Capital contribution to Surgery Center LLC increased
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Description
Kern County Hospital Authority will execute an Eighth Amendment to the Kern Medical Surgery Center, LLC Operating Agreement to increase capital contributions by $1,000,000 to a total of $10,281,363 for additional working capital. The Chairman will be authorized to sign the amendment.
Contract Details
Contract Amount
Increased capital contribution of $1,000,000 (from $9,281,363 to $10,281,363)
Vendor
KERN MEDICAL SURGERY CENTER LLC
Agency
Kern Medical Center, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 17, 2026
Contract Term
Effective June 17, 2026 (operating agreement ongoing)
Renewal Info
Eighth amendment adjusts financial contributions under the ongoing LLC operating agreement; future capital infusions would require further amendments.
More from KERN MEDICAL SURGERY CENTER LLC
Related Contracts
Kern County Hospital Authority Board of Governors Agenda 2026-06-17
AMENDEDkern_county_hospital_authority_board_of_governors.pdf
AMENDEDMore from Kern Medical Center
Kern County Hospital Authority Board of Governors Agenda 2026-06-17
Kern County Hospital Authority Board of Governors Agenda 2026-06-17
Kern County Hospital Authority Board of Governors Agenda 2026-06-17
Kern County Hospital Authority Board of Governors Agenda 2026-06-17
Kern County Hospital Authority Board of Governors Agenda 2026-06-17
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