Tuesday, March 15, 2005

 

Statement on SPMH Property Successful Bidder Comstock Homes

The following is the text of a press release issued by the City regarding some developments today on the Santa Paula Memorial Hospital front. The final piece has fallen into place on the package to re-open the hospital with Comstock Homes being the final highest bidder on the remaining hospital property at just over $10 million:

The City of Santa Paula welcomes the conclusion of the bidding process for the remaining land at the Santa Paula Memorial Hospital site and greets Comstock Homes to our community. "Today marks another milestone toward the re-opening of Santa Paula Memorial Hospital. Now that Comstock Homes has been awarded the right to purchase the remaining hospital property, the City and Comstock can conclude its discussions on a Development Agreement governing the development of the property and work through the land use approval process, " said Santa Paula City Manager Wally Bobkiewicz.

"Comstock Homes has an excellent reputation as a home builder throughout Southern California. Santa Paula is fortunate that a developer of such a high caliber will be working to bring a new neighborhood to the City. The purchase of the land by Comstock also secures the fate of Santa Paula Memorial Hospital and paves the way for the County of Ventura to re-open the hospital over the next several months," Bobkiewicz continued. "The hospital creditor's also deserve thanks from Santa Paula in being willing to craft such a creative deal in order to satisfy their needs and make sure that the community gets back their hospital. Thanks to the creditors, the County of Ventura and Comstock Homes, Santa Paula is on the verge of doing what very few communities in the country have done: reopen a closed hospital. Santa Paula Memorial Hospital will once again provide critical health care to the 60,000 residents of the Santa Clara Valley," Bobkiewicz concluded.

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