Resolution to restructure GHS debt passes roll-call vote - FOX Carolina 21

Resolution to restructure GHS debt passes roll-call vote

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GHS Cancer Center (FOX Carolina/File) GHS Cancer Center (FOX Carolina/File)
GREENVILLE, SC (FOX Carolina) -

On Tuesday night the Greenville County Council approved the restructuring of Greenville Health System debt in a roll-call vote.

The resolution, which was previously delayed, sought to refinance $1.5 billion in bonds belonging to Greenville Health System and Palmetto Health, which are partnering to create a new non-profit health company.

Sen. William Timmons asked the council in December 2017 to delay voting on the resolution, claiming it could interfere with a pending lawsuit.

In Tuesday's vote, the resolution was approved 9-3. Council members Ballard, Barnes and Meadows voted against the resolution.

PREVIOUS COVERAGE: Greenville Co. Council delays GHS debt vote; GHS says their patients 'will be hurt most by decision'

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