MADISON, South Dakota — City commissioners have approved the annexation of land and taken other steps to move along a project for a new $34 million hospital in Madison.
The city has waived building permit fees estimated at $50,000 and committed $150,000 toward the project for expenses including material and labor, The Madison Daily Leader reported (http://bit.ly/Y3W3MJ ). The money will come partially from a sales tax and from a community development fund.
The effort to replace the half century-old Madison Community Hospital "is a huge deal for Madison," Commissioner Mike Waldner said.
The current independent nonprofit hospital employs about 150 people. Planning for the new 104,000-square-foot hospital started three years ago. The U.S. Department of Agriculture's Rural Development agency is financing much of the project through a $20.5 million loan. Construction could start as early as next month, and officials hope to have the facility operating by early 2015.
It will be one of the largest construction projects ever undertaken in the city of 6,500 people, Mayor Gene Hexom said.
"The new hospital will set the stage for the next 50 years," he said. "The hospital project sets a tremendous stride for the city of Madison."
Information from: The Madison Daily Leader, http://www.madisondailyleader.com