On March 2, 2021 the Lakeland City Commission voted to amend the current Lease and Transfer Agreement between the City of Lakeland and Lakeland Regional Health Medical Center, effectively affirming the outstanding commitment of the two organizations to providing the best healthcare services to the community.
Under this amendment, Lakeland Regional Health Medical Center will provide the City of Lakeland a $215 million lump sum prepayment for all remaining payments under the Lease through its 2040 term.
“The Commission sought permanent certainty for the Capital Improvement Fund, which provides the high quality of life distinctions Lakeland’s citizens enjoy and expect. At the same time, we created significant benefits for LRH by accepting a lump sum lease payment. The hospital can now secure funding at lower interest rates, and annual bond ratings will cease to cite the lease as a concerning issue. Both parties gain immediate benefits and predictable certainty while the quality of community health rises on a more cost-effective basis,” said Lakeland Mayor Bill Mutz. “We are grateful to have participated in attaining this mutually beneficial outcome.”
This comment from Mayor Mutz has come back to haunt him:
“Commission sought permanent certainty for the Capital Improvement Fund, which provides the high quality of life distinctions Lakeland’s citizens enjoy and expect.”
The City Commission have used 214 million of the 215 million into other capital projects ……… leaving only 1 million for land purchase, why?
Now the Mayor and City Commissioners cannot build the two needed fire stations that would provide the high quality of life Lakeland’s citizens enjoy and expect. WHY???
Who is actually running our city?
The fraudulent election with the mail in ballots called Mutz the winner….deep state pawn is a clown!
Lakeland will burn down in flames because there are 500,000 more residents in Polk County…the majority is in Lakeland!