- Associated Press - Sunday, June 19, 2016

FAIRBANKS, Alaska (AP) - The Greater Fairbanks Community Hospital Foundation is working to raise $1.2 million to replace Fairbanks Memorial Hospital’s surgery center.

The Fairbanks Daily News-Miner reports (https://bit.ly/1YzdeSU ) that the $88 million project is scheduled to have seven surgery suites fully operational by April 2017. The project is being funded with $55 million in bond sales and $33 million from the foundation’s cash reserves.

Foundation president Jeff Cook says the fundraiser is aimed to put money back into the cash reserves and to maintain the foundation’s bond rating.

The current surgery suites were built with the hospital in 1972. Cook says they have been updated, but as technology improves the current suites are running out of room for equipment.

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Information from: Fairbanks (Alaska) Daily News-Miner, https://www.newsminer.com

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