Zoning Change Won't Hinder $200 Million Tampa, Fla., Hospital Sale

Sigo, Shelly
April 2003
Bond Buyer;4/21/2003, Vol. 344 Issue 31618, p5
Trade Publication
The Tampa General Hospital had planned to sell 200 million dollars of new and refunding revenue bonds, hospital officials will instead be asking for a zoning change to increase the square footage needed to complete three projects being funded by money bonds.The zoning change being considered on April 17 2003, which would expand the building, is expected to go smoothly so that the bonds can be sold to retail investors on April 28, 2003 and priced for institutional investors on April 29 2003, said Steve Short, senior vice president of finance and corporate chief financial officer for the hospital. The transaction consists of a 100 million dollars refunding of Series 1992 bonds and 100 million dollars of new revenue bonds.


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