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Council selects new Memorial board

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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. Continue Reading Council selects new Memorial board

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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. Continue Reading Most of the Memorial board refuses to resign

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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. Continue Reading City Council to discuss Memorial board, severance

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Memorial’s Board of Trustees voted to keep outgoing CEO Larry McEvoy’s compensation package exactly the same. Continue Reading Memorial board votes to maintain McEvoy’s severance

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Memorial paints rosier financial picture

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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… Continue Reading Memorial paints rosier financial picture

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Ivywild project closer to final approval

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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… Continue Reading Ivywild project closer to final approval

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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… Continue Reading Bach will host monthly meetings with City Council

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Council to vote on UCH proposal tomorrow

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The proposal to allow University of Colorado Hospital to lease Memorial Health System is one step closer to reality after today’s informal City Council meeting. The council decided to vote on the issue during tomorrow’s formal  meeting for an official vote, including a separate vote about setting up a committee for the lease negotiations. The… Continue Reading Council to vote on UCH proposal tomorrow

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The Colorado Springs City Council handed Mayor Steve Bach a rare defeat during yesterday’s formal council meeting when it voted down Bach’s request to deny stepped salary increases worth $749,000 for city employees. Continue Reading Bach loses mayor/council showdown

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A new solar company that aims to make solar available to the masses will host a celebration of its City Council approval along with an informative question- and-answer session at City Rock, 21 North Nevada Avenue, this evening from 5:30 to 7 p.m. City Council members Brandy Williams and Jan Martin will be at the… Continue Reading Community solar garden celebration tonight at City Rock

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