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FINANCIAL_SERVICESAPPROVED

California Enterprise Development Authority Regular Meeting Agenda March 2025

Bond financing approved for Burrtec Waste & Recycling

Not to exceed $92,000,000 (shared bond principal); $34,000,000 allocation for new money bondsCalifornia Enterprise Development AuthorityBURRTEC WASTE & RECYCLING SERVICES LLCMarch 20, 2025

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

CEDA authorized up to $92 million in conduit revenue bonds benefiting Burrtec Waste & Recycling Services, LLC as part of the EDCO Refuse Services Project. Bond proceeds will support financing and refinancing of solid waste and recycling facilities and equipment at multiple sites.

Contract Details

Contract Amount

Not to exceed $92,000,000 (shared bond principal); $34,000,000 allocation for new money bonds

Vendor

BURRTEC WASTE & RECYCLING SERVICES LLC

Agency

California Enterprise Development Authority, CA

Contract Type

FINANCIAL_SERVICES

Document Date

March 20, 2025

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