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Gravenhurst Is Investing $1M For New Hospital Sites

The Town of Gravenhurst will provide $1 million as its contribution towards two new hospital sites in Muskoka, helping to ensure continued high quality health care for residents and visitors.

The funding will support Muskoka Algonquin Healthcare’s construction of new hospital sites in Huntsville and Bracebridge.

“Access to trusted and dependable health care matters to our residents and this investment by the Town of Gravenhurst recognizes that. Building these new hospitals will benefit our community for generations to come,” Mayor Heidi Lorenz said.

On Tuesday, council approved the town’s investment in health care on the advice of chief administrative officer Scott Lucas.

Funding from the town will go towards what is known as the “Local Share” of the project cost.

The town’s contribution is subject to the following conditions:

To fund the town’s investment, council has directed staff to transfer $500,000 from the existing Tax Stabilization Reserve to a newly established Health Services Reserve Fund. Investment income associated with the fund is to be directed to the reserve as a means of reaching a total of $1 million.

“Through this investment, the town is demonstrating its commitment to improved health care in Gravenhurst and beyond,” Mayor Lorenz said. “We look forward to seeing these projects move ahead for the benefit of everyone in Muskoka.”

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