Pulaski County Council Approves Support Letter for Hospital Project Financing


The Pulaski County Council has provided a letter of support for financing a project that looks to upgrade Pulaski Memorial Hospital.

Officials with the hospital have already sought special financing from the county to help pay for certain upgrades in the form of a storage facility and upgrades to the parking lot. This is only one part of the project.

Hospital Director of Business Development Gregg Mallot says the company plans to partner with a local bank on financing options through the USDA. Part of the application process for USDA financing is a show of community support.

If awarded, USDA loan terms would be financed at a rate of 3-percent, payable over 40 years.

The Pulaski County Council Monday night expressed their support for the letter and the project.