The San Diego County Board of Supervisors authorized the issuance of tax-exempt bonds to EDCO Disposal Corporation.
A 4-0 vote Sept. 10, with Jim Desmond absent, approved a resolution authorizing the California Enterprise Development Authority to issue up to $63,500,000 of revenue bonds for EDCO. The maximum authorized amount includes $16,000,000 for the EDCO facility in the 400 block of West Aviation Road.
The California Enterprise Development Authority is a joint powers authority which issues private activity bonds for the purpose of economic and community development.