"They're in good financial condition to do this," Mayfield said of KHC. KHC CEO Kevin Kincaid opened the discussion by reviewing the projects proposed. Before any action will be taken, public hearings will be held and agreements will be independently researched.
The City does not have sufficient bond capacity to perform this function for the hospital, which requires assistance from the County. How the amount borrowed is divided between the City and County, against their bonding capacities, will be determined at a later time.