NEWS
Bowie Memorial explores new sales option
Bowie Memorial Hospital Board of Trustees is wasting no time in exploring other options for the sale of the hospital, and on Monday contracted with a broker to gather potential investors to buy the hospital using a federal tax credit program.
Chief Executive Officer Lynn Heller said the board met with Jose Marques DBA Colmar Group, LLC on Monday afternoon for about 90 minutes.
The hospital board was introduced to Marques by Janis Crawley, executive director of the Bowie Economic Development Corporation, who learned about him through the economic development group of the governor’s office.
Marques is a consultant and broker who puts together investors to invest in all sorts of projects said Heller.
Marques pitched the New Market Tax Credit program to the board, a federal initiative that encourages the creation of business and jobs.
Last Thursday, the board voted to stop negotiations with The Brough Group since the company had been unable to fulfill any of the sale contract requirements. Read the full story in the mid-week News.
Members of the Bowie City Council will meet in regular session at 6 p.m. on May 13 in council chambers.
The meeting opens with a proclamation for Emergency Medical Services Week.
City Manager Bert Cunningham will report on recent rainfall problems, Smythe Street sidewalk project and the substation work.
There is only one item of new business an ordinance related to speed limits on specific streets. Public comments and approval of minutes wrap up the agenda.
The board of directors of the Amon Carter Lake Water Supply Corporation will meet at 6 p.m. at Carter Lake Baptist Church 4759 FM 1125.
Agenda items include an engineer’s presentation and resolution workshop with Daniel Deweber and Prairie Branch Properties.
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