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CentraCare to take over Rice Hospital debt from city of Willmar

CentraCare to take over Rice Hospital debt from city of Willmar
The Willmar City Council has approved the refinancing plan for Carris Health to take over ownership of the remaining debt on Rice Memorial Hospital through the issuance of revenue bonds.
7:00 pm, Apr. 13, 2021
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CentraCare will be taking over $32 million in debt attached to Carris Health Rice Memorial Hospital of Willmar.
Erica Dischino / West Central Tribune
WILLMAR Health care provider CentraCare, which operates Willmar s Rice Memorial Hospital through the subsidiary Carris Health, will take over $32 million in debt connected to the hospital from the city of Willmar.
The Willmar City Council approved a resolution at the April 5 meeting authorizing the issuance and sale of conduit revenue refunding bonds for the debt refinancing, as well as amending the lease agreement between the city and CentraCare to reflect the changes. ....

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CentraCare could assume Rice Hospital debt from Willmar

CentraCare could assume Rice Hospital debt from Willmar
The Willmar City Council is moving forward a request from CentraCare to refinance the Rice Memorial Hospital debt with conduit revenue bonds. The plan will not only save CentraCare money through reduced interest rates, but will also take the remaining debt from the hospital off the city s books.
8:00 pm, Mar. 4, 2021
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CentraCare wants to pay off the city s hospital debt by issuing conduit bonds.
Erica Dischino / West Central Tribune
WILLMAR CentraCare, the parent company of Willmar s Carris Health, is looking to assume all of the city s remaining hospital debt through the issuance of conduit revenue bonds, pending City Council approval in April. ....

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Willmar Public Works Committee tables approval of event center and recreation fields plans in order to seek more information

Willmar Public Works Committee tables approval of event center and recreation fields plans in order to seek more information
At its meeting Thursday, the Willmar City Council s Public Works Committee tabled the approval of the plans for the event center and recreation fields projects being funded by the Invest in Willmar local option sales tax. Council members were looking for additional information on operational costs for the event center. There also still needed to be work done on stormwater issues for the recreation fields, along with the completion of a land transfer with Willmar Public Schools.
6:36 pm, Feb. 18, 2021
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Approval of the plans for the Invest in Willmar Recreation and Event Center and the new recreation fields, all to be constructed at the Willmar Civic Center, were tabled by the Willmar City Council Public Works and Public Safety Committee on Thursday. Design by LSE Architects ....

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