Illinois Finance Authority Board members on Tuesday unanimously approved $140 million in conduit bonds for Springfield-based health care provider Memorial Health System.

The hospital network intends to use proceeds of the bonds to finance the redevelopment of its Memorial Medical Center in Springfield, according to the IFA Board’s meeting agenda. Under the redevelopment plan, the hospital plans to add a 115,000-gross-square-foot, three-level patient tower with 114 private beds and a 34,400-square-foot, two-level structure with six new operating rooms.

The Metropolitan Pier and Exposition Authority Board awarded on Tuesday a five-year, $1.36 million contract to Capital Hotel Management LLC for asset management consulting services related to the Hyatt Regency hotel near McCormick Place.

The Metropolitan Water Reclamation District Board on Thursday approved a payment related to the McCook Reservoir initiative, a key component of the district’s Tunnel and Reservoir Plan. The plan is designed to prevent the flooding of homes and businesses in 125 Cook County communities.