Payments on the $7 million loan Carroll County General Hospital tookout from the county in 1980 have been rescheduled, county finance officials said.
The loan -- of which the hospital owes about $3.7 million -- was being repaid with annual payments of $563,300, and was to be retired in 2000. The restructured payments, which total about $400,000 a year, will be made through 2005, finance officials said.
The rescheduling comes in the wake of $9.4 million in new loans the hospital took out in November, borrowing the money from the county's $15 million bond issue. The payments on that loan are not connected with the payments on the $7 million loan, officials said.