Tag Archives: loan

SGMC asks Lowndes County Commission to guarantee $100 M in bonds 10 October 2011

Commissioners asked some perceptive questions two weeks ago at their work session, as well they should, when South Georgia Medical Center was asking the county to guarantee a hundred million dollars in bonds. Some questions may remain.

Representatives from SGMC gave a two part presentation about expansion of SGMC facilities, to include 96 new private rooms in the Dasher Heart Center, the 5 story parking deck, now under construction and due to be completed in early 2012, and Life Safety and Generator Equipment updates.

Additionally, they spoke briefly on the acquisition of Smith Northview Hospital on September 1, 2011. Smith Northview operates as a campus of SGMC and all Smith Northview employees are now SGMC employees.

The second part of the presentation was about the financial Continue reading →

Georgia clean energy tax credits: yes, they are available

Inquiring minds want to know if Georgia still has its energy rebate program. The answer is yes.

The usual place to look for state tax incentives is DSIRETM (Database of State Incentives for Renewables & Efficiency). That database shows for Georgia not only state financial incentives but also a local loan program for Athens-Clarke County and a local rebate program for Atlanta. There’s a thought! Valdosta or Lowndes County could do a loan program for real clean renewable energy! or the Valdosta-Lowndes County Industrial Authority (VLCIA) could do that using some of its $15 million in bonds and other debt, assuming it hasn’t already spent all of it on locking up land.

Or Georgia Power or Colquitt Electric could do that, Continue reading →