Three Rivers Health Authority Asset Sale Question (November 2011)

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A Three Rivers Health Authority Asset Sale Question was on the November 8, 2011 ballot in the city of Three Rivers which is in St. Joseph County.

This measure was approved

  • YES 1,160 (84.55%)Approveda
  • NO 212 (15.45%)[1]

This measure sought to allow the sale of the assets of the Three Rivers Health Authority to the Three Rivers Health System, Inc.[2] The Health authority had attempted to get a tax increase approved by voters in 2009, but the measure was defeated by residents. The president of the authority thought allowing them to become a nonprofit, tax-exempt 501(c)(3) corporation was the best way for them to remain as a viable option. Since this measure was approved, the authority will be able to receive a bond in the amount of $2 million to pay off previous bonds.[3]

Text of measure

The question on the ballot:

Shall the Three Rivers Health Authority be authorized to sell, lease and/or transfer all of the assets of Three Rivers Health Authority to Three Rivers Health System, Inc., a Michigan nonprofit corporation, pursuant to the terms of a proposed Transfer Agreement and Act 47 of the Public Acts of Michigan, 1945?[4]

References