UMC BOND PRESENTATION TODAY AT 6:00PM
oday County Commissioner Iliana Holguin, who opposes the use of certificates of obligation to pay for the proposed expansion of UMC, will host a “UMC Bond Presentation” at Ysleta High…
POLITICAL HYPOCRISY: ESCOBAR ATTACKS OPPONENTS OF UMC BOND
It wasn’t supposed to happen this way. The El Paso Commissioners Court was poised to rubber-stamp $346 million in certificates of obligation to fund the UMC hospital expansion, but Jacob…
DEMOCRATS DIVIDED OVER PROPOSED $400M CO ISSUANCE FOR UMC
The only Democratic leaders present at the 3-2 vote by the County Commissioners Court to post notice to issue up to $400M in certificates of obligation without voter authorization were…
COUNTY VOTES 3-2 TO POST NOTICE FOR $400M IN CERTIFICATES OF OBLIGATION FOR UMC
Yesterday the El Paso Commissioners Court voted 3-2 to post notice to issue up to $400 million in certificates of obligation in support of UMC and the Children’s Hospital, with…
ALERT!!! COUNTY TO VOTE TODAY ON POSTING NOTICE TO ISSUE UP TO $400M IN CERTIFICATES OF OBLIGATION
The County Commissioners Court is poised to vote today under agenda item 8 to post notice to issue up to $400 million in certificates of obligation, which do not require…
CINTRON CLAIMS FAST-TRACKING THE $346M UMC DEBT ISSUANCE WILL SAVE UP TO $100M
Jacob Cintron, the CEO of UMC, appeared on ABC-7 XTRA this past Sunday and the video is now online. Host Stephanie Valle twice asked Cintron why the proposed $346 million…
ABC-7 XTRA TONIGHT: CINTRON TO RESPOND TO CRITICISM ON UMC’S PROPOSED $346M CO
Tonight on ABC-7 XTRA at 10:30pm, Jacob Cintron, who is the CEO of University Medical Center, will defend the vote of his Board of Managers to recommend issuance of a…
MAJOR INCREASE IN PROPERTY TAX IS COMING SOON
Yesterday Vic Kolenc of the El Paso Times published a report in which he calculates that the proposed UMC debt issuance, now stated to be $346 million, will add $80…
UMC WANTS TO ISSUE UP TO $400 MILLION IN NEW DEBT: KVIA REPORT
KVIA ABC-7 published an exceptional report last night clearly explaining why the handling of the proposed UMC debt issuance of up to $400M without voter approval is so problematic: 1.…
UNIVERSITY MEDICAL CENTER ATTEMPTING TO ISSUE A $400 MILLION CO (PART 2)
Only two days will have elapsed from yesterday’s vote of the Board of Managers of UMC to issue $400M in new debt without voter approval and tomorrow’s vote of the…