Sussex County Council to Hold Public Hearing on Bayhealth Bond Issue & Discuss Accommodations Tax and Council Redistricting
The Sussex County Council will hold a public hearing at 10:15am that deals with the issuing of tax-exempt revenue bonds by Bayhealth Medical Center. The $103 million in tax-exempt debt will be used with other financing to expand their services in both Sussex and Kent counties. There is no obligation of the County for these bonds, however the issuance of the bonds needs to be approved by an elected representative after a public hearing. Approving the issuance only allows the bonds to be considered tax exempt under section 147(f) of the Internal Revenue Code.
Discussion and possible action on the collection of the Accommodation Tax. Was brought up during the last meeting by Councilman Mark Schaeffer.
County Administrator Todd Lawson will discuss County Council Redistricting.
During the afternoon session there will be 5 public hearings for conditional use applications. The Sussex County Council meets Tuesday morning at 10am in the County Administration Building on the Circle in Georgetown.
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