Tag Archives: Memorandum of understanding

City of Bainbridge and Decatur County Agree to Secure Hospital’s Debt

At a called, joint meeting on Thursday night, the Bainbridge City Council, Decatur County Board of Commissioners and Memorial Hospital Authority entered into a memorandum of understanding that should help ease the hospital’s financial burdens. The MOU is an agreement between the three parties that says a 15 year bond (underwritten and secured by the City and County) will… Read More »