Supervisors refuse closed-door hospital discussions
A coalition of three supervisors rebuked an attempt to discuss OCH Regional Medical Center finances in executive session Monday.
Trainer calls for new talks with hospital trustees
Oktibbeha County Board of Supervisors President Orlando Trainer again called for a sit-down meeting with OCH Regional Medical Center trustees to discuss the hospital’s financial future.
Oktibbeha supe wants to resume hospital sale talks
Oktibbeha County Board of Supervisors President Orlando Trainer is again calling for a meeting between supervisors and OCH Regional Medical Center trustees to discuss the future of county health care.
Two firms will manage hospital money
Two firms will watch over Lowndes County’s $30 million nest egg for a 30-month trial period.
After a day of hearing presentations from three financial consulting companies, the Lowndes County Reserve and Trust Fund Board of Trustees voted unanimously Tuesday to select Stephens Capital Management and Renasant Wealth Management to manage and invest the money from the county’s hospital sale.
Trust fund board holds first meeting
A timeline has been set for financial firms to submit proposals to manage finances from Lowndes County’s hospital sale.
Legislation provides Lowndes with more investment options
Mississippi Gov. Phil Bryant has signed a bill into law authorizing the Lowndes County Board of Supervisors to establish a reserve fund that would allow it to invest the $30 million received from the 2001 sale of the county hospital in instruments other than money market accounts that are backed by United States treasuries and serve as trustees of the fund.
County investment options bill dies
A bill that would have allowed county board of supervisors to invest excess funds in delinquent county tax sales has died in committee.
House Bill 439 was written by Rep. Gary Chism, R-Columbus, on behalf of District 1 Supervisor and board president Harry Sanders, who has been a advocate for more flexibility in investing the county’s revenue from the sale of the county hospital.
House bill aims to better invest hospital sale money
A pair of House bills sponsored by Jeff Smith, R-Columbus, will allow the Lowndes County Board of Supervisors to invest the $30 million the county received from the sale of the county hospital in 2001.