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"Lowrance Hospital needs to make these improvements
primarily in order to keep pace with the rapid growth in medical
knowledge and thus to continue to provide ---- quality medical
care for our citizens. Beyond that, our physician recruitment
committee is finding more and more physicans who visit
Mooresville find it an appealing area and they are also
looking for a hospital with progressive equipment and facilities
to aid them in preventing„ diagnosing and treating, illness.
If they do not find up-to-date facilities here, they will go
elsewhere where such facilities exist and eventually the
citizens of Mooresville will have to go elsewhere for their health
core.
j "General obligation bonds are the least expensive way
to raise money for these improvements. A public opinion poll
conducted in May by the Epley Associates revealed that 55 per
cent of the county citizens feel there is a need for both
Lowrance and Iredell Memorial Hospitals to renovate and expand
their buildings in order to provide better service. When asked
if they would support or turn down general obligation bonds in
a county -wide referendum, 60% of registered voters polled said
they had already made up their minds to approve such bonds provided
there would be no increase in taxes.
"The total bond issue, including $14,050,000 for Iredell
Memorial Hospital and $8.7 million for us, is a total of $22,750,000.
The total payback over a 20 -year period is $39 million for
Iredell Memorial and $21 million for Lowrance.
BOUN 25 PA -E939