The Court approved a certificate and resolution allowing Harris County Cultural Education Facilities Finance Corporation to issue bonds on behalf of Houston Methodist for financing and refinancing certain projects.

What it means for you

Houston Methodist can access bond financing through the county's cultural education finance corporation, which is a common mechanism for nonprofit health systems to borrow at lower interest rates.

Outcome

A motion was made by Commissioner Ellis, seconded by Commissioner Garcia, that this item be approved. The motion carried by the following vote: (5-0)

How each member voted

5–0, per the official record.