Grant & Loan Awards: Franklin County


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Franklin County

Equity Fund: $500,000

Awarded: 06/14/2011

Applicant: JDA Franklin, Hart and Stephens Counties/Road Infrastructure


Description:
Equity grant funds to assist with road infrastructure on public property to serve the new Ty Cobb Regional Medical Center in Lavonia, a non-profit healthcare organization serving Northeast Georgia residents. In an effort to provide quality healthcare more efficiently and in a cost-sustainable manner, two older facilities, the Cobb Memorial Hospital, a 71-bed Royston facility and Hart County Hospital, an 82-bed Hartwell facility, both over 50 years old, will be consolidated and operations moved to the new Ty Cobb Regional Medical Center in Lavonia. The new 56 bed, 144,550 SF state-of-the-art hospital will be located on 39 acres of land owned by the Franklin County IBA. The road infrastructure will serve as primary access, service/emergency access and intersection improvement to allow safe turning and deceleration lanes.


Total Budgeted Project Cost: $72,585,700


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