CHICAGO - The Cook County, Ill., Board of Commissioners last week approved a $2.09 billion fiscal 1993 budget that includes preliminary funding for a new county hospital slated to be financed by general obligation bonds.

The proposed hospital, expected to cost between $300 million and $500 million, would replace an aging facility on the west side of Chicago, according to Pam Smith, spokeswoman for Richard Phelan, the board president.

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