Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Guide to investing in Mutual Funds through SIPs
    • Nippon India Small Cap Fund vs. Bandhan Small Cap Fund: Which is better for your portfolio? – Money Insights News
    • Spot Bitcoin ETFs Extend Record Outflow Streak as Investors Pull $527M in One Week
    • Somerset Council loses more than £91m on commercial investments
    • Superannuation funds deliver double-digit returns for Aussies amid AI boom: ‘Tremendous result’
    • UK investors turn to bonds as equities valuations continue to stretch
    • Debt Funds: A Long-Term Portfolio Essential
    • BOK joins warnings over Samsung, SK hynix leveraged ETFs
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»$397M in University Medical Center projects set for November bond vote
    Bonds

    $397M in University Medical Center projects set for November bond vote

    August 12, 2024


    Several projects to expand parts of the University Medical Center and help fund a cancer center would be financed by $396.6 million in bonds if approved by El Paso County voters in November.

    El Paso County Commissioners Court Monday unanimously approved putting the bond issue on the Nov. 5 general election ballot.

    Commissioners oversee the county-operated hospital in Central El Paso.

    The county also is expected to approve Monday putting a $323.8 million bond issue on the same November ballot to pay for a variety of public projects in the county.

    The UMC bond issue would increase property taxes by $70 per year on a home with an expected average taxable value of $220,000 in 2025, Michael Nunez, UMC chief financial officer, told commissioners.

    The money, if approved by voters, would be used to add more surgery units, 23 critical care beds, a burn unit on the hospital’s eighth floor, a geriatric clinic in Central El Paso, a parking garage on the hospital’s campus, expand its outside clinics, and provide about $30 million for a planned $95 million El Paso comprehensive cancer care center to be opened by Texas Tech University, Maria Zampini, UMC chief operating officer, told commissioners.

    Almost two years ago, a similarly priced proposal by UMC officials was stopped by a petition with more than 32,000 validated signatures of county voters against raising property taxes for the projects.

    Dr. Richard Lange, president of Texas Tech University Health Sciences Center El Paso, two other Texas Tech doctors and three El Pasoans provided life-saving medical care at the hospital spoke in favor of the bond initiative. No one spoke against it.

    Texas Tech doctors work at UMC through a partnership.

    Vic Kolenc may be reached at 915-546-6421; vkolenc@elpasotimes.com; @vickolenc on Twitter, now known as X.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    UK investors turn to bonds as equities valuations continue to stretch

    July 5, 2026

    Thinking of investing in bonds? Here’s a simple guide for first-time investors

    July 3, 2026

    AMP removes bonds from retirement funds as diversification fails

    July 2, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Superannuation funds deliver double-digit returns for Aussies amid AI boom: ‘Tremendous result’

    July 5, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Guide to investing in Mutual Funds through SIPs

    July 6, 2026

    I wish to invest in mutual funds through SIP. However, I am confused by the…

    Nippon India Small Cap Fund vs. Bandhan Small Cap Fund: Which is better for your portfolio? – Money Insights News

    July 6, 2026

    Spot Bitcoin ETFs Extend Record Outflow Streak as Investors Pull $527M in One Week

    July 5, 2026

    Somerset Council loses more than £91m on commercial investments

    July 5, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Sixteen funds and stocks for an income portfolio

    October 22, 2025

    Lawmaker says Browns pushing for Ohio investment in stadium through bonds, not direct funds

    July 12, 2024

    Income’s financial advisory arm wants to capture demand for alternative investments

    May 18, 2025
    Our Picks

    Guide to investing in Mutual Funds through SIPs

    July 6, 2026

    Nippon India Small Cap Fund vs. Bandhan Small Cap Fund: Which is better for your portfolio? – Money Insights News

    July 6, 2026

    Spot Bitcoin ETFs Extend Record Outflow Streak as Investors Pull $527M in One Week

    July 5, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.