File #: R-1819-117    Version: 1 Name: Hospital lease extension
Type: Resolution Status: Passed
File created: 6/4/2019 In control: City Council
On agenda: 6/25/2019 Final action: 6/25/2019
Title: RESOLUTION R-1819-117: A RESOLUTION APPROVING AMENDMENT NO. TWO TO THE LEASE AGREEMENT BETWEEN THE CITY OF NORMAN, OKLAHOMA, AND NORMAN REGIONAL HOSPITAL AUTHORITY EXTENDING THE LEASE TERM FOR THE NORMAN REGIONAL HOSPITAL PROPERTY UNTIL MARCH 31, 2070.
Attachments: 1. Text File, 2. R-1819-117, 3. Second Amendment to Lease Agreement, 4. Ltr from Hospital Board 6-3-19, 5. NRHA Resolution Extending Lease
Title
RESOLUTION R-1819-117: A RESOLUTION APPROVING AMENDMENT NO. TWO TO THE LEASE AGREEMENT BETWEEN THE CITY OF NORMAN, OKLAHOMA, AND NORMAN REGIONAL HOSPITAL AUTHORITY EXTENDING THE LEASE TERM FOR THE NORMAN REGIONAL HOSPITAL PROPERTY UNTIL MARCH 31, 2070.

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BACKGROUND: The first hospital in Norman, the American Legion Memorial Hospital, opened after World War I. In 1943 the hospital closed due to shortages of trained personnel due to the ongoing World War II. After news reports of people losing loved ones who were injured or sick in Norman because of the travel time to Oklahoma City hospitals, the City added charter provisions related to the creation of a Municipal Hospital in 1945. The Municipal Hospital continued to be operated by the City until 1969 on 11.55 acres at 901 N. Porter. In 1969, a public trust was formed to provide for the operation of the hospital by the Norman Municipal Hospital Authority (the "Authority"). Providing for the operation of the hospital via public trust allowed the hospital to take advantage of municipal bond rates for debt without risking City funds.

The Authority has grown its offerings over the years, including purchasing 18 acres adjacent to the Municipal Hospital (now the "Norman Regional Hospital"), acquiring hospital facilities in Moore, and construction of the Healthplex campus. The acute-care facility at the Porter campus is licensed for 219 beds and offers a full range of services. The HealthPlex campus is licensed for 168 beds, features Cardiovascular Services, Spine and Orthopedic Surgery, and Women's and Children's Services. Norman Regional was the first in the Oklahoma City - metro area to receive the Chest Pain Accreditation with PCI (Percutaneous Coronary Intervention) from the Society of Cardiovascular Patient Care (SCPC). Norman Regional Health System ("NRHS") also provides outpatient diagnostic centers, medical transport services, physician services, centers of excellence, durable medical equipment su...

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