energy plant

READER'S EDITORIAL: GROSSMONT HEALTHCARE DISTRICT SHOULD NOT FUND ENERGY COGENERATION EXPANSION WITH BORROWED MONEY

 

 By Jim Stieringer, La Mesa
 
February 9, 2012 (La Mesa)--In 2006 East County voters approved Proposition "G" authorizing the sale of general obligation bonds of $247 million to provide and improve various facilities at Grossmont Hospital. Included is an expansion of the hospital's central energy plant. The Grossmont Healthcare District is now considering adding a cogeneration feature to the plant  to be acquired through a "lease/purchase" agreement for $17,900,000 to be paid over a ten year (120 month) period at a rate of around $2,000,000 per year. 

Error message

Support community news in the public interest! As nonprofit news, we rely on donations from the public to fund our reporting -- not special interests. Please donate to sustain East County Magazine's local reporting and/or wildfire alerts at https://www.eastcountymedia.org/donate to help us keep people safe and informed across our region.