Hospital banks bond funds

Photo submitted  Sonoma Valley Bank President Sean Cutting, second from right, shows $22 million check to Sonoma Valley Hospital officials Tim Nokes, Kelly Mather and Bill Boerum.

There’s nothing like a $22.9 million check to bring out the smiles.
On Tuesday, Sean Cutting, president of Sonoma Valley Bank, notified Sonoma Valley Hospital Chief Executive Officer Kelly Mather, that the final portion of general obligation bonds had been deposited in the SVH account.
The exact amount, after costs of issuance, was $22,857,732.
“We’re delighted to receive the funds from the second and final bond issuance authorized by the voters in 2008, said Bill Boerum, chair of the Sonoma Valley Health Care District board of directors. “We’ve had a very thorough process by the hospital administration to plan for the use of these funds, and we’ve had have excellent citizen oversight of the monies used to date.”
Kelly Mather, the hospital’s new chief executive officer of Sonoma Valley Hospital, expressed her excitement going forward.
“We are very blessed to have such a supportive community,” she said.  “With this funding, Sonoma Valley Hospital will not only continue to meet the healthcare needs of our residents, but I believe we will become the preferred choice for hospital care.”
Tim Noakes, posing with Mather, Boerum and Cutting, at the end of his final day as chief financial officer of Sonoma Valley Hospital, said, “I‘m very excited the community has reached this point, where they’ve taken (funds) and are on the cusp of building a new, seismically compliant facility for the community of Sonoma Valley.”
Facility upgrade planning and design is underway.