Trustees invest hospital bond money

News

April 28, 2012 - 12:00 AM

The $17 million in bond monies used to begin construction of a new Allen County Hospital has been pulled from beneath the proverbial mattress.

Hospital trustees agreed in a special meeting Thursday to invest idle bond funds to accumulate at least some additional revenues.

The trustees voted 5-0 in a special meeting to a request from United Missouri Bank, which handled the bond sale, to use the monies for short-term investments.

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