The University System of Georgia Board of Regents will be asked Wednesday to extend the lease of Georgia Regents Medical Center to its operating company and change the rent the university gets back.
MCG Health Inc. is asking for a 40-year-lease instead of a series of 10-year leases that is continually renewed. The lease length is to coincide with the length of refinancing about $48 million from a $50 million bank loan taken out by the health system in 2009 that was to come due next July, said Chief Business Officer Tony Wagner.
A controversial measure that would have allowed the Augusta commission to waive conflicts of interest and allow commissioners to do business with the city was stricken from the commission’s agenda Monday by the man who requested it – Grady Smith.
“I don’t need the grief; if we’ve got people on the commission that are too stupid to realize the name of the game is to save taxpayers’ money,” Smith said, “people aren’t paying attention and doing the job they needed to do.”
Augusta’s proposed stormwater utility fee – a $6.40 monthly charge for a typical household with 2,200 square feet of impervious surface – is the only way to fund millions in needed drainage repairs, Engineering Director Abie Ladson said Monday in response to criticism from a west Augusta neighborhood group.
Ivan Bolgla could not believe the crowd’s reaction when the Purple Heart of a World War II fighter pilot killed in action hit the auction block last month in Aiken.
Eager bidders fell eerily silent. The auctioneer deferred to his ring man to introduce the item. Bolgla, an Augusta Fire Department commander who collects military artifacts, knew he had to make an offer.
In a sale that saw only two bids, Bolgla rescued the forgotten medal of 2nd Lt. Harley Kempter for $75 from Cheeks Auction Co.