son

Feeaeh

PRITCHARD
Record Eagle staff writer

2
Following a three-year effort the Munson Development
Counell"has now raised. enough money to. complete the
$9.75 million addition, said John Blakeslee,
the goal will mean the hospital can reduce

The topping on mean ital can
ee mount it must borrow to make Up the ex-
The counel promised the quarter-million-dollar
Kresge ‘Foundation grant if could raise $282 milion by

 

att is gifts su other generous con-
ons from 1 STavrse sy Tesldents that have made ft
goal and demonstrate local sup-
the expansion. program called. for ere
ke Provisions of the ‘Kresge Foundation’s $250,000
grant,” he said.
fic annnceriet that the goal was topped was made at a
‘meeting of the development council at the hospital
Wednesday.
ft financing step will be a bond issue with early
raturty bonds probably yielding 75 percent andthe latest

fund-raisers top 2fif>s
J, for expansion drive

maturing bonds probably yielding 9 perce, aald Muneon's
financial vice-president

ite pons ‘il be isued in"$,00, $5,000 and $10.00

orsnatons, coun ofilals sald, Those bends will be

sitered to the publie at the hospital
and March 1.
All the fund-raising effort is aimed at completing a 190,

   

fund. 000
square foot addition, which will be ready-for operation
around the first of May, hospital officials said,

‘Munson's bed complement will increase from 259 to S23
when he additions finished and wil include new emergency
fees, expanded coronary and care units as;
well as three gen

‘new plgscal rchabiatin unt and psychiatric facility
arg included inthe expansion program.

Homi oil sal th expansion of physical plat wil
yean‘an increased number of jobs. The hospital currently
Stole £900 people.
chfiS, millon renovaiton of the existing host is
to begin this summer, comell oficial fad.
“That project is scheduled for completion in late May.

early June of 1979. 2
“While many hospitals in the state have cen eit

to ecipancy problems, the growth of the Gr

region ba the Unique position of often Being

being ‘verdrowded,® sald John Bey, 's president.
pay sd the hospital’ ‘occupancy rate is well above the

state average. Munson averages 74,000 Anbepe os an-
nually, he said. Patient ays are the nue of
cupied multiplied by the mi