Bond-Backed San Francisco Hospital Stalled Over Funding Issues

Keleman, Jasmina
March 2005
Bond Buyer;3/17/2005, Vol. 351 Issue 32092, p3
Trade Publication
Reports that the bond-backed Laguna Honda Hospital is stalled because of lack of funding in San Francisco, California. Confusion of public officials if the city needs to revamp the way it plans and promotes large-scale capital improvement projects before asking voters to approve bond measures; Attribution of the budget shortfall to unexpectedly high building costs and a short supply of hospital contractors; Problem with high material costs.


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