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Hospital begs Clayton County, GA, Commission to back bond

Atlanta Journal-Constitution, December 10, 2008

Clayton County, GA's only hospital could close if it doesn't get $40 million to pay off creditors by the end of the year. Leaders of Southern Regional Health System have implored the county commission to back a $40 million bond. The money is needed to refinance existing hospital debt, hospital chief executive officer Edward Bonn said. "If we don't get this approval by the end of December, chances are bonds will be called and we will be in default," chairman of the hospital board Ron Dodson told the commission. "We're already in default. Our hospital will be closed down."