Agenda: July 10, 2017, Special Meeting

by | Jul 7, 2017 | Meeting Information

NOTICE IS HEREBY GIVEN THAT THE BOARD OF MANAGERS OF THE
WALKER COUNTY HOSPITAL DISTRICT,
WALKER COUNTY, TEXAS,
 WILL HOLD A SPECIAL MEETING OPEN TO THE PUBLIC,
ON MONDAY, JULY 10, 2017 BEGINNING AT 8:30 A.M.
AT WALKER COUNTY HOSPITAL DISTRICT’S BUSINESS OFFICE,
(FIRST NATIONAL BANK BUILDING) 1300 11th STREET SUITE #515,
HUNTSVILLE, TEXAS 77340.

AGENDA

  1. Call meeting to order.
  2. Consider and act upon the Resolution authorizing and directing the Chairman of the Board of Managers of the Walker County Hospital District (hereinafter “District”) to deliver the 365 day written termination notice letter (the “Termination Notice”) to Walker County Hospital Corporation dba Huntsville Memorial Hospital (hereinafter “Corporation”), terminating (i) that certain Lease Agreement dated as of June 13, 2013 (as amended, extended and/or revised, the “Lease Agreement“), by and between the District and the Corporation, and (ii) that certain Operating Agreement dated as of June 13, 2013 (as amended, extended and/or revised, the “Operating Agreement,” and together with the Lease Agreement, collectively, the “Hospital Agreements”), by and between the District and the Corporation. Further, notwithstanding the required 365 day notice period in the event of termination without an event of default or otherwise pursuant to the terms of the Hospital Agreements, the District will reserve in said Termination Notice, all rights and remedies under the terms of the Hospital Agreements being terminated, including without limitation, the right to terminate under other provisions in the Hospital Agreements that would accelerate the effective date of the termination of each of the Hospital Agreements to be provided in the Termination Notice.
  3. Adjourn meeting.

________________________________________

Anne Karr, Chairman WCHD