More than a year of planning could come to a head tonight, when trustees with Allen County Regional Hospital are expected to sign a formal contract to lease the facility to Saint Luke?s Health System.
Attorneys have been working on an agreement, and it?s likely the board will be presented with a final deal at tonight?s meeting, Loren Korte, president of the board of trustees, said. However, the process has taken longer than Korte expected; the board signed a ?memorandum of understanding? in June and attorneys have been hashing out details since then.
Allen County Commissioners were expected this morning to sign their part of the agreement, regarding the bonds used to build a new facility in 2013. That action appeared imminent but was not done before The Register went to press.
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