KBND Logo

 

On Air Now

George Noorey
ON AIR NOW
George Noorey
12:00am - 5:00am
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Listen to win a Holiday feast from Shari's next week on the KBND Morning News!
Local News


Hospital leaders went before county commissioners on Wednesday to take advantage of the county's tax exempt status.

 

This will allow them to minimize the interest they'll owe from the sale of bonds.

St. Charles Chief Financial Officer, Karen Shepherd says it's been five years since they've sold bonds.

 

"We haven't been out for debt for quite a time, since 2008.  And at that time we had to refinance when the interest rates went up significantly.  So this time we're in a much better position, a more stable position than we were at that time."

 

The commissioners approved the hospital tapping into their tax exempt position for these bond sales.

 

St. Charles plans to use the funds to build a new Prineville Hospital and a new cancer center in Bend, among other projects.

 

Traffic & Weather

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Construction at 27th Street and Bear Creek Road and 27th near Medical Center Drive. Single lane 6a – 10p.

 

 
LinkedUpRadio Envisionwise Web Services