Longview assisted living center asks for more bond money to pay - KYTX CBS 19 Tyler Longview News Weather Sports

Longview assisted living center asks for more bond money to pay off construction debts

Posted: Updated:
  • CBS19.tv Web ExclusivesMore>>

  • Web Exclusive: Company cancels class to nix Southern accents, y'all, after complaints

    Web Exclusive: Company cancels class to nix Southern accents, y'all, after complaints

    Wednesday, July 30 2014 12:00 PM EDT2014-07-30 16:00:17 GMT
    We live in the South, so some of us may have a Southern accent, but would you consider saying "goodbye" to "howdy, y'all"?
    The Oak Ridge National Laboratory in Tennessee was going to offer a speech class for its workers next month to do just that, until it got canceled.
    More >>
    We live in the South, so some of us may have a Southern accent, but would you consider saying "goodbye" to "howdy, y'all"?
    The Oak Ridge National Laboratory in Tennessee was going to offer a speech class for its workers next month to do just that, until it got canceled.
    More >>
  • Web Exclusive: Ultra HD TVs

    Web Exclusive: Ultra HD TVs

    (CNN) -Some people just have to have the latest in television technology. The newest TVs on the market- ultra-high definition TVs- or UHD TVs. They have higher screen resolution than current high def screens, and are also known as "4-K" sets. "More >>
    (CNN) -Some people just have to have the latest in television technology. The newest TVs on the market- ultra-high definition TVs- or UHD TVs. They have higher screen resolution than current high def screens, and are also known as "4-K" sets. "More >>
  • Web Exclusive: A product to help keep sharks away on sale

    Web Exclusive: A product to help keep sharks away on sale

    Monday, July 28 2014 9:40 AM EDT2014-07-28 13:40:46 GMT
    If you're headed on a beach vacation, there's a product you may be interested in to help keep sharks away.  The device is called a Shark Shield.  It is now being sold in Florida.More >>
    If you're headed on a beach vacation, there's a product you may be interested in to help keep sharks away.  The device is called a Shark Shield.  It is now being sold in Florida.More >>

LONGVIEW (KYTX) - More bond money could be dedicated to an assisted living project in northwest Longview.

Tuesday morning, the city's Cultural Education Facilities Committee set in motion the steps needed for LV Medical Properties III to borrow $1.2 million in bond money to make the final payments on Fountainview Estates, a new 74-unit assisted living center on Lago Trail. Twenty-two of the units are designated for memory care to serve Alzheimer's disease or early on-set dementia patients.

Committee member Mike Clowers, who is an investor, said the money is needed to pay off contractor's retainer fees and debts for the $10.3 million project.

The City of Longview is not obligated to repay the debt.

Committee Chairman Keith Honey says that, before the money can be issued, a public hearing will be held on Feb. 10 at the law offices of Boon, Shaver, Echols, Coleman & Goolsby, LLC, at 1800 NW Loop 281 in Longview.

Powered by WorldNow

CBS19, MYTX & KCEB
2211 ESE Loop 323
Tyler, TX 75701
Phone (903) 581-2211
Fax (903) 581-5769

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KYTX. All Rights Reserved. Users of this site agree to the Terms of Service, Privacy Notice/Your California Privacy Rights, and Ad Choices.