NORTH PROVIDENCE – Bonds to fund the sale of Our Lady of Fatima Hospital in North Providence and Roger Williams Medical Center in Providence will hopefully be more marketable after multiple changes made last week, say those working on the deal.
The board of directors of the Rhode Island Health and Educational Building Corp. held a special meeting related to the sale of the hospitals to The Centurion Foundation on Aug. 14 to:
• Accept an amended and restated final approval memorandum;
• And to adopt an amended and restated authorizing resolution for up to $150 million in financing revenue bonds.
The changes, said those involved, make the bonds more marketable when they go up for sale within the next month.
Dylan Zelazo, executive director of the corporation, said there are essentially