Dump Receivers To Raise Funds Through Revenue Bond
(Pacific Daily News)
A revenue bond likely will be floated in order to close the Ordot dump and open a new landfill, reports the Pacific Daily News.
Last month Federal Judge Frances Tydingco-Gatewood ordered government solid waste operations into receivership because of the
The court-appointed receiver, Gershman, Brickner and Bratton, aims to divert 50 percent of the waste stream from the landfill, noting that only about 2 percent of
The receivers say they are " reasonably confident we can work through the process of establishing a mechanism for a revenue bond…It's a matter of ensuring the bond market that it will be paid.”
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