Details of Memorial Health System’s proposed 40-year lease to University of Colorado Health will be made public June 11 during an informal City Council meeting. Council made the announcement today, and also said comment about the proposed lease will be heard at that meeting, as well as during Council’s June 12 formal meeting. Under its initial [...] [...]
After years of discussion, task-force and commission meetings and closed-door talks, the Colorado Springs City Council is preparing to ask voters whether to lease Memorial Health System to the University of Colorado Hospital. City Council will hold a special meeting at 1 p.m. Wednesday, May 16 at the Blue River Boardroom on the fifth floor [...] [...]
The letter preceeded a decision to increase former hospital CEO Larry McEvoy's pay by $120,000. [...]
The Colorado Springs City Council chose a mix of health care executives, real estate developers and and finance professionals for the seven-member Board of Trustees for Memorial Health System. [...]
As of 5 p.m. today, only a single member of the Memorial Board of Trustees offered his resignation. The other seven refused to step down. [...]
The Colorado Springs City Council will meet today at 4 p.m. and possibly take action to remove the Board of Trustees at Memorial Health System – and undo exiting CEO Larry McEvoy’s severance package. [...]
Memorial’s Board of Trustees voted to keep outgoing CEO Larry McEvoy’s compensation package exactly the same. [...]
Memorial Health System’s financial picture is looking pretty rosy these days – thanks to some changes made internally and to the rebounding stock market. Memorial reported January earnings at $4.8 million, exceeding its budget and the previous year’s numbers. The information was part of the hospital’s monthly report to the Colorado Springs City Council. “In [...] [...]
The Ivywild revitalization project will receive final approval at Tuesday’s formal Colorado Springs City Council meeting. The project, which involves buying and renovating the Ivywild Elementary School, will be developed using tax increment financing from both property taxes and sales taxes. State law allows TIF to be used to finance projects in “blighted” areas. Mike [...] [...]
Mayor Steve Bach will meet monthly with the Colorado Springs City Council in what he is calling the “Mayor’s Counsel.” The idea, he said, is that the City Council might need some counseling from him and he might need some counseling from them. “We are peers, they are not my Council,” he said. The monthly [...] [...]
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