Wednesday, December 15, 2010

Council To Consider Hospital Deal

The Cookeville city council Thursday will consider approval of an agreement, whereby Cookeville Regional Medical Center would pay for the widening of Seventh Street from Willow Avenue to Peachtree.  City officials say that the hospital administration agreed to pay for that road project in return for an agreement that its annual in-lieu of taxes payment for the current fiscal year not be increased. The road project is expected to cost about $650,000, and will include new sidewalks and decorative street lighting.  Hospital officials are also asking the council to OK a $30 million dollar bond issue.  Part of that money will be used to add six additional operating rooms.