The Commissioners Court approved a resolution allowing the Harris County Cultural Education Facilities Finance Corporation to issue bonds to finance and refinance projects for Memorial Hermann Health System.

What it means for you

This enables Memorial Hermann Health System to borrow money through tax-exempt bond financing arranged via a county-affiliated finance corporation, which can lower the health system's borrowing costs.

Outcome

A motion was made by Commissioner Ellis, seconded by Commissioner Garcia, that this item be approved. The motion carried by the following vote: (4-0)

How each member voted

4–0, per the official record.