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Ordinance #1985-07-02-1

Bond ordinance of Grant County, New Mexico providing  for refunding of its Hospital Facility Revenue Bonds  (Hillcrest General Hospital Project) Series 1982, in the original principal amount of $7,500,000; authorizing and providing for the issuance of not to exceed $11,000,000 principal amount of Grant County, New Mexico Hospital Facility Refunding Reference Bonds (Gila Regional Medical Center Project) Series 1985, dated August 1, 1985, for such purpose; such bonds to be payable solely from net revenues derived from the facility; authorizing the execution of an indenture of trust  and security agreement; setting forth the terms and conditions upon which such bonds are to be issued; and providing for the  private sale of such bonds on a negotiated basis.

 
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