WATERVILLE (AP) — The Waterville City Council has approved up to $6 million in tax-exempt bonds for Inland Hospital improvements.
City Manager Michael Roy said Tuesday after the 7-0 vote that the money will come through the Finance Authority of Maine and the city is in no way liable for the debt.
Roy told the Morning Sentinel (http://bit.ly/1gDsg3b ) that Inland is able to borrow through the city at lower interest rates.
Hospital improvements included the renovation and expansion of three areas. The medical-surgical and ICU units were consolidated into a new acute care unit. New, private rooms were created and the unit layout was improved. Two other improvement projects were completed more than two years ago and involved expanding the day surgery unit and adding two more labor-delivery-recovery-postpartum rooms.
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