Last road block removed for Memorial, UCH partnership
The City announced Thursday that it successfully negotiated with PERA an agreement not to seek to delay the Memorial partnership with University of Colorado Health.
The parties completed and signed an agreement in which PERA withdrew their request for injunctive relief regarding the Memorial Lease. PERA agreed to dismiss UCH from its current lawsuit and to not name UCH in any future lawsuit and PERA agreed not to seek to undo or invalidate the City’s partnership with UCH to operate the Memorial Health System.
“The City and PERA will revisit in the future the disagreement regarding whether the City is obligated to make any additional payments to PERA, and the City remains well positioned to present and defend its view that no additional payments are due following transfer of operations at Memorial,” said City Attorney Chris Melcher.
The partnership is expected to be finalized and completed on October 1st, as scheduled.