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Tuesday, 06/20/2006 10:05:13 PM

Tuesday, June 20, 2006 10:05:13 PM

Post# of 30354
I like this part!!!

The New Jersey Economic Development Authority announced that the resolution for the preliminary approval of $84 million tax-exempt bond financing for FFI has been fully executed and officially adopted by the State of New Jersey. The tax-exempt bonds will be used for the design, construction and start-up of the first-of-its-kind 52 million gallon- per-year waste-to-ethanol production facility in Toms River, New Jersey. The official resolution approval enables FFI to proceed with the bond-rating, underwriting, and the placement process to secure the funds.

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