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031521 Randolph Health Closed Session – March 15, 2021 – Randolph Health At 11:04 a.m., the Board convened in closed session for the purpose of discussing competitive healthcare activities by or on behalf of Randolph Health. Chairman Darrell Frye, Vice-Chairman David Allen, Commissioner Kenny Kidd, Commissioner Hope Haywood, and Commissioner Maxton McDowell were present. Finance Officer Will Massie, Clerk to the Board Dana Crisco, and Associate County Attorney Aimee Scotton joined the meeting by Zoom video call. Also present were County Manager Hal Johnson and Deputy Clerk to the Board Sarah Pack Clerk. Additionally, Representatives Pat Hurley and Allen McNeil and Senator Dave Craven were present. Information Technology Director Michael Rowland was present for technical support. County Attorney Ben Morgan entered where noted. Required social distancing was maintained throughout the meeting due to the COVID-19 pandemic. Chairman Frye said there had been no change in the bankruptcy status of Randolph Health. There are extensive lawyer and consulting fees being paid out monthly by Randolph Health. Ben Morgan entered at 11:09 a.m. Chairman Frye stated that the State will likely not approve a loan to the County for the $20 million Rural Healthcare Stabilization Act. A letter has been sent to the Local Government Commission asking for them to make a decision regarding the status of the loan application. Mike Sarian of American Healthcare Systems has proposed asking the County for capital expenditure monies should the loan not be approved. To this point, no proof of funding or financing ability has been provided by Mr. Sarian. The County does not have the capability to determine the purchasing ability of Mr. Sarian. At 11:48 a.m., discussion on this topic ended to address another economic development project in Closed Session. ________________________________ ________________________________ Darrell Frye, Chairman David Allen ________________________________ _________________________________ Kenny Kidd Maxton McDowell ________________________________ ________________________________ Hope Haywood Sarah Pack, Deputy Clerk to the Board 3/15/21 ***This page has been intentionally left blank.*** 3/15/21