FFH authorizes the sale of old facility
A resolution authorizing the sale of the former Franklin Foundation Hospital was approved by the Hospital Service District 1 Board of Commissioners Thursday during its monthly meeting.
The sale to a business group known for assisted living development is expected to close later this month, according to board attorney Russel Cremaldi.
The board entered a contract with the group seven months ago with a sale price of $100,000.
The group is represented by Hammond attorney John Feduccia and managed by Mike Peralta of New Orleans.
Peralta “is with a group that has done about a dozen of these assisted living facilities that they intend to convert the old hospital into,” FFH Chief Executive Officer Parker Templeton said at the time.
The earlier report indicated that the group would invest between $20 million to $30 million in the renovation project that would be completed in 18 to 24 months.
The resolution passed Thursday excludes the clinic being leased to the Veterans Administration as well as the Acadian Ambulance office from the sale.
The facility on Hospital Avenue has been vacant since the new facility opened on Northwest Boulevard five years ago.
The board also passed a resolution extolling the response of the 23 staff members on duty on Jan. 26 following the shooting tragedy in Charenton in which a sheriff’s deputy and a civilian were killed and two sheriff’s deputies were wounded.
The resolution paid “tribute to the positive attitude, compassion, professionalism, knowledge and competency” of the employees and physicians.
Named in the resolution were Julie Barrilleaux, Blake Bergeron, Mandy Berthelot, Cindy Blue, Lori Boyd, Chad Charpentier, Chris Clements, Cassandra Colbert, Eloise Johnson, Eric Meaux, Chontell Morgan, Hope Pellerin, Elizabeth Reid, Melissa Schaff, Bonnie Smart, Marlene Templett, Christine Tuttle, Sheila Viator, Tomy Williams and Drs. Roland Degeyter, Steve McPherson, Donna Tesi and John Tosh.
In other business the board:
—Passed a resolution for the call of an election on May 4 to renew the hospital’s 3.47-mill operation and maintenance tax.
—Received an unqualified opinion from Chris Kohlenberg of the Langlinais Broussard and Kohlenberg accounting firm on the 2012 fiscal year audit. Kohlenberg complimented the administration on the hospital’s positive financial standing. The report shows $27.8 million in total assets and liabilities.
—Heard from chief Financial Officer Ron Bailey that the hospital realized a $196,700 profit in the month of January bringing the year-to-date bottom line to just over $1.6 million through four months of the fiscal year.