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Willmar City Council OKs Rice Memorial Hospital, MUC transfer agreements

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WILLMAR -- The Willmar City Council has approved extending the intergovernmental transfer payment agreements with Rice Memorial Hospital and the Municipal Utilities, each for another three-year term through 2012.

Rice pays the city an amount equal to .40 percent of 1 percent of prior year net assets for the following year. The minimum amount of the annual payment would not be less than $200,000. The 2010 payment will be $205,664.

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David Little
David Little covers the Willmar City Council, Willmar Municipal Utilities and other city news.
(320) 235-1150
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