24-782
Adopt a resolution to authorize: A) Establishing a maximum limit for cash advances from the County General Fund to San Mateo Medical Center (SMMC) of $80,000,000 to support SMMC operations; and B) Maintaining current cash advance limit of $45,000,000 interest free; and C) Provide that SMMC pay interest at the County established pool rate on additional funds needed above $45,000,000, up to the established maximum of $80,000,000.
- Committee
- HEALTH
- Requested by
- HEALTH SERVICES SMMC
- Introduced
- September 4, 2024
- On agenda
- October 8, 2024
- Passed
- October 8, 2024
- Enacted
- October 8, 2024
- Enactment no.
- Resolution-080690