Title
Resolution - A Resolution of the City Council of the City of Mansfield, Texas, Approving an Economic Development and Performance Agreement by and Between the City of Mansfield and Methodist Mansfield Hospital and Authorizing its Execution by the Mayor and Providing and Effective Date
Requested Action
Approval of the Chapter 380 Economic Development Project Agreement with Methodist Mansfield Hospital.
Recommendation
Staff recommends that the council approve the agreement as presented.
Description/History
Representatives of the Board of Directors of Methodist Mansfield Hospital have approached the City with a proposal to initiate a significant expansion to the existing Methodist Mansfield Hospital campus. The expansion will occur in several phases and will extend over several years. The first phase calls for the construction of a new patient bed tower providing in excess of one hundred additional patient beds and supporting services. The new patient tower will be located immediately west of the existing facility and will be constructed in a manner to present a comparable appearance to the existing hospital structure. During the same initial expansion phase, the hospital will construct a physician’s office building immediately south of the proposed new patient tower wing. The professional office building will provide approximately ninety thousand square feet of leaseable space for use by physicians and associated professionals in the health care industry. The construction of the new patient tower and the physician office building will generate a significant number of new jobs in the city and will serve as a catalyst to additional medical facility and service development in the immediate vicinity of the hospital.
Representatives of Methodist Mansfield Hospital have approached the city to seek certain assistance in completing the first phase of the facility expansion. The hospital has requested that the city close the current Hospital Drive which ...
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