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Tuesday, September 2, 2014

hospital lease buy-out

More land sold off Highway 6

Further investigation into the sale of large sections of land located off Highway 6 West, near the Cumberland subdivision, revealed a total of 107 acres were sold and transferred — not once, but twice in one day.

Speculation and rumors have suggested the land is being bought by Baptist Memorial Hospital-North Mississippi to be used as the spot for its new proposed $300 million regional referral center. (February 18, 2011, Page 1A)

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    Rumors fly on new hospital location

    Rumors have begun to circulate that Baptist Memorial Hospital-North Mississippi has purchased land off Highway 6 West, located southwest of Wellsgate. (February 17, 2011, Page 1)

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      No free parking on Square?

      During a work session Friday, Mayor Pat Patterson and the Oxford Board of Aldermen heard a presentation by Ron Hipp, chairman of the Parking Garage Committee, during which he suggested the city consider charging motorists 50 cents an hour for “premium parking” around the Square.

      Other topics talked about Friday included forming an investment committee on how to invest the $30 million the city will receive from Baptist Memorial Hospital-North Mississippi buying out of its lease with the city of Oxford and Lafayette County. (February 14, 2011, Page 1A)

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        New hospital moves forward

        In a surprise move, the Lafayette County Board of Supervisors voted Monday at an informational public hearing to move forward with negotiations with officials from Baptist Memorial Hospital-North Mississippi on the medical center’s plans to build a new $300 million facility in Oxford.

        After an hour-plus presentation by Dick Cowart, legal counsel for Baptist, and a round of questions from the standing-room-only audience, Supervisor Mike Pickens made a motion to enter into a memorandum of understanding with the hospital to allow the hospital corporation to buy out of the original lease it had with the city of Oxford and Lafayette County for about $60 million. (January 25, 2011, Page 1)

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          First National Bank The Highlands, A Private Lake Community