Macomb bonds set to boost retiree health care

MOUNT CLEMENS: Macomb County officials are moving ahead with plans to issue up to $300 million in bonds to cover an unfunded retiree health care liability and, they hope, transform downtown Mount Clemens by renovating several county-owned buildings.

The county’s proposed sale awaits state Treasury Department approval. That could come by mid-February, said Treasury spokesman Terry Stanton.

Under the county’s plan, bonds would be sold to finance its estimated $260 million unfunded retiree health care liability…

Full story covered in the Seniors Housing & Healthcare Trends.

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