Lebanon, DHMC reach deal for taxes, city employees
Modified: 12/13/2020 8:35:04 PM
LEBANON Dartmouth-Hitchcock Medical Center will fund two positions within the Lebanon Fire Department and increase its payments to the city by at least 2.5% every year for the next two decades, under a deal approved by officials last week.
The Lebanon hospital will pay a minimum of $1.7 million on its tax-exempt property next year as part of a payment in lieu of taxes, or PILOT, agreement OK’d by the Lebanon City Council and Board of Assessors.
Both groups voted unanimously Wednesday night to sign off on the deal, which replaced a 2002 agreement that saw DHMC pay $820,000 in its first year.