Special Council 08-14-23

Prepared By: Clerk Poppe CITY OF HAYWARD SAWYER COUNTY, WISCONSIN SPECIAL CITY COUNCIL MEETING / PUBLIC HEARING Monday, August 14, 2023 MINUTES The meeting was called to order by Mayor Gillis at 6:00 p.m. Roll Call Council Present: Mayor Gillis, Ald. Hand, Ald. Herrmann, Ald. Hofer, Ald. Kreyer, Ald. Miller, Ald. Nelson, Ald. Swan, Ald. Williamson Others Present: Attorney Kelsey, Director McCue, Chief Clapero, Assistant Chief Wohling, Clerk Poppe, Deputy Clerk Metcalf, Stacy Clapero, Bradyen Clapero, Nash Clapero, Barb Hand, Heather Sheehan, Tucker Plumstead, Dave Schlabowske, Frank Zufall Public Hearing – Regarding the financing of the Hayward Area Memorial Hospital Project and the issuance of private activity bonds to finance health care facilities A public hearing was held regarding the financing of the Hayward Area Memorial Hospital Project and the issuance of private activity bonds to finance health care facilities. Tucker Plumstead – National Health Care Capital LLC, addressed those in attendance regarding the Hayward Area Memorial Hospital obtaining tax exempt bank qualified financing with Johnson Bank for the costs associated with the construction, improving, renovating, furnishing and equipping a new approximately 28,419 square foot medical clinic to be attached to the western corner of the existing medical facility on the Hayward Area Memorial Hospital Campus, 11040 N State Road 77. The City will simultaneously buy and sell approximately 3.2 million dollars in tax exempt bonds. Mr. Plumstead stated that the City will bear no liability nor will the City be responsible for making any loan payments. Mr. Plumstead also stated that the closing is scheduled to take place during the week after Labor Day. Mr. Plumstead, per Frank Zufall’s request, also explained why the hospital could not obtain tax exempt financing on its own. No action taken. Adjournment A motion was made by Ald. Miller, seconded by Ald. Hand to adjourn. The meeting was adjourned at 6:05 p.m.