Good Samaritans seeking $75M in tax-exempt bonds

DENVER — The Colorado Health Facilities Authority plans to issue tax-exempt bonds worth up to $75 million for the Evangelical Lutheran Good Samaritans Society’s expansion across 11 states.

About $16 million of the bonds — 21 percent of the issue — will finance the nonprofit long-term care organization’s growth in Colorado.

Of that portion, nearly $13 million will fund construction of The Good Samaritan Village in Estes Park. The new facility at 1751 N. Lake Road will include 34 apartments, 24 assisted living units and 46 duplexes for the elderly.

The Fort Collins Good Samaritan Village at 508 Trilby Road will…