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Ordinance #1986-06-27

Bond ordinance of Grant County, New Mexico providing for refunding its $7,500,000 in original principal amount Grant County, New Mexico Hospital Facility Revenue Bonds (Hillcrest General Hospital Project) Series 1982, issued to finance an 88-bed acute care hospital facility in Grant County, New Mexico; authorizing and providing for the issuance of $9,990,000 Grant County, New Mexico Hospital Facility Refunding Revenue Bonds (Gila Regional Medical Center Project) Series 1986, dated July 1, 1986, 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 pledge; 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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