TMH Retains Responsibility for Hospital Revenue Bond Debt
City of TallahasseeCity · Tallahassee, FL- Document date
- Feb 23, 2026
The 30-second brief
Under the draft lease and operating agreement, Tallahassee Memorial Healthcare, Inc. will remain responsible for all debt service on the existing Healthcare Facilities Revenue Refunding Bonds used to finance the hospital facilities, despite the City transferring ownership of the property to Florida State University. The obligation covers principal, interest, administrative expenses, and rebate amounts on the Series 2015A, 2016A, and 2016B bonds.
Tallahassee Memorial Healthcare Inc holds this financial services contract with City of Tallahassee. Its other public contracts on record include work for Leon County School District and Gadsden County School District.
Term as filed: Through final maturity of Healthcare Facilities Revenue Refunding Bonds, Series 2015A, Series 2016A, and Series 2016B.
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Contract details
- Contract type
- Financial Services
- Document date
- February 23, 2026
- Term
- Through final maturity of Healthcare Facilities Revenue Refunding Bonds, Series 2015A, Series 2016A, and Series 2016B
- Agency
- City of Tallahassee
- Source document
- Florida State University Board of Trustees Fourth Amended and Restated Lease and Operating Agreement 2026-02-23 (Agreement)
Tallahassee Memorial Healthcare Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Tallahassee?
Tallahassee Memorial Healthcare Inc was awarded this financial services contract by City of Tallahassee, as recorded on February 23, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record.
Where was this contract approved?
This contract appears in Florida State University Board of Trustees Fourth Amended and Restated Lease and Operating Agreement 2026-02-23 (Agreement), dated February 23, 2026 from City of Tallahassee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Tallahassee Memorial Healthcare Inc hold?
Tallahassee Memorial Healthcare Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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