Mystery buyer for Huntsville Memorial Hospital still not identified.
by Walker County News Today staff
At Wednesday night’s specially called meeting of the Walker County Hospital District, board members voted unanimously to take the next step in the process of attempting to sell the county’s only hospital.
Immediately after calling the meeting to order, WCHD chairman Bob Hardy announced that the board would meet in executive session “to discuss with the District’s financial advisers and legal counsel concerning the sale of real estate…..” The lengthy closed session also included attorney Joe Henderson, HMH’s Shannon Brown, and Chris Janning of Hilltop Securities.
In the only item on the agenda, the board voted to authorize Hardy to negotiate, authorize, and sign a non-binding Letter of Intent with an unnamed potential buyer for Huntsville Memorial Hospital. Hardy further said that the agreement is non-binding with the exception of the confidentiality portion of the document.
The next scheduled meeting of the Walker County Hospital District is their regular monthly meeting 0n October 26, 2016.