(HARLAN) Myrtue Medical Center’s Board of Trustees approved the purchase of Mickel’s Restaurant at the regular board meeting in October.
The board purchased the restaurant, located adjacent to the hospital in Harlan, for $375,000. The purchase will be contingent on conducting a Phase 1 environmental site assessment on the property at Myrtue Medical Center’s expense with the results showing no contamination or evidence that may warrant further examination, investigation or mitigation.
The purchase price will be paid in three installments: $175,000 at closing, $100,000 on July 15, 2013 and $100,000 on January 15, 2014.
Barry Jacobsen, CEO, reported to the board that owners of Mickel’s Restaurant approached him about three months ago and expressed their desire to sell the property to the hospital.
Jacobsen said in a press release, “While the hospital has no immediate plans for additional expansion, this acquisition will place the hospital in a much better position in the future when additional services or expansion is necessary.”
“Mickel’s has been a good neighbor to the hospital over the years and has always been willing to work with us during our various construction projects in the past,” added Jacobsen. “An example of that is allowing us to use their parking lot during the current project. We appreciate that they approached us first as it will allow us to continue to grow our services to the community moving forward.”