Growth in Wasteshed E is projected to increase by 21.1 percent for the years 2015 through 2035, according to the West Virginia Solid Waste Plan, which emphasizes more the need for the facility, according to the PSC.
"Less than 30 percent of the municipal solid waste will be landfilled," the PSC wrote. "Additionally, because none of the municipal solid waste will be landfilled on site, the proposed facility requires no airspace allocation and reduces the need for increased land-based disposal, reduces the need for additional landfill space, and reduces the energy consumption of fossil fuels."
Warner said the EDA board members didn't issue bonds to Entsorga, but there will be a resolution to issue bonds in the future, he said.
"This resolution in no way binds the EDA to issue bonds, that decision would be made when we came back later," Warner said. "Later this year, hopefully, we'll know more."
Also on Thursday, board members approved a $150 million equipment lease-revenue bond with Gestamp, a Spanish automotive parts manufacturer in South Charleston. The EDA holds the title for up to $150 million worth of equipment at Gestamp.
The resolution authorizes the EDA to select a trustee for the bond deal as additional equipment comes it, which will help lower the bond.
Warner said Gestamp is ahead of their investment and employment projections, "which are important things we're looking at," he said.
"They continue to expand at Gestamp as a growing manufactuerer," Warner said.
Board members on Thursday also insured a $500,000 bank loan to United Bank for M-Rock Inc., which makes decorative stone veneer products, to keep its 30 employees in Monroe County. The loan insurance could permit the company to add 10 jobs in the next two years.
Reach Megan Workman at megan.work...@wvgazette.com or 304-348-5113.