AUGUSTA — The new regional hospital has its financing.

A $300 million bond issue for a new 192-bed hospital in north Augusta won approval Monday from the commissioners of the board of the Maine Health and Higher Educational Facilities Authority.

“The authority anticipates entering the national tax exempt bond market the week of July 25th to sell the bonds,” said Bob Lenna, the authority’s executive director.

Lenna said state Treasurer Bruce Poliquin cast the only vote against approving the bond sale for the hospital.

The financing is one of the last hurdles for MaineGeneral Medical Center in its quest to build a regional hospital on a site between the Harold Alfond Center for Cancer Care and Interstate 95.


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