grand_traverse_county_board_of_commissioners_meeti.pdf
Munson Medical Center Included in Bond Financing
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Description
Munson Medical Center was named as a borrower in up to $150 million of revenue and refunding bonds approved by Grand Traverse County’s Hospital Finance Authority. The bonds will help finance facility improvements, equipment acquisitions, and debt refinancing.
Contract Details
Contract Amount
Not to exceed $150,000,000 (aggregate bond par amount for all borrowers)
Vendor
MUNSON MEDICAL CENTER
Agency
Northwest Regional Airport Authority, AR
Contract Type
FINANCIAL_SERVICES
Document Date
August 20, 2025
Contract Term
Bond term not specified; revenue and refunding bonds to finance/refinance capital improvements and debt
Renewal Info
Borrower under a one-time bond issuance approved by the County; renewal or refunding would require separate future actions.
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