File #: 2017-0922    Version: 1 Name:
Type: Resolution Status: Preliminary Item
File created: 9/5/2017 In control: FAB-Finance, Audit & Budget Committee
On agenda: 9/12/2017 Final action: 9/14/2017
Title: Commission District(s): All Districts Negotiate and prepare an agreement between DeKalb County, Fulton County and Fulton-DeKalb Hospital Authority for the construction of a new surgery center.
Attachments: 1. SUBSTITUTE Resolution - DeKalb County authorizing Fulton-DeKa.pdf, 2. 2017 09.14 Item 2017-0922 substitute.pdf

                                    

Public Hearing:  YES      NO                                                   Department: Chief Executive Office                                     

 

SUBJECT:

Title

Commission District(s): All Districts

Negotiate and prepare an agreement between DeKalb County, Fulton County and Fulton-DeKalb Hospital Authority for the construction of a new surgery center.

Body

 

Information Contact: Zachary Williams, Chief Executive Officer

Phone Number: 404 371-2881

 

PURPOSE:

The proposed resolution lists the Fulton-DeKalb Hospital Authority suggestions for financing the construction of a new surgery center through a public-private partnership, with a 50/50 split of the total cost of $198 million dollars.  The proposed resolution would allow the Fulton-DeKalb Hospital Authority and the supporting fundraising entities to solicit the “private” sector funding with the benefit of formal resolutions authorizing the negation of the public funds from the counties.    

 

NEED/IMPACT:

Negotiate and prepare an agreement between DeKalb County, Fulton County and Fulton-DeKalb Hospital Authority for the construction of a new surgery center.  The proposed resolution would allow the Fulton-DeKalb Hospital Authority and the supporting fundraising entities to solicit the “private” sector funding with the benefit of formal resolutions authorizing the negation of the public funds from the counties.

 

FISCAL IMPACT:

$30,000,000.00 

 

RECOMMENDATION:

Recommended Action

Approve the resolution authorizing the negotiating and preparation an agreement between DeKalb County, Fulton County and Fulton-DeKalb Hospital Authority for the construction of a new surgery center.