The Rhode Island Industrial Facilities Corporation (the “Issuer”) is a public corporation of the State of Rhode Island and Providence Plantations organized and existing under Chapter 37.1 of Title 45 of The Rhode Island General Laws. The Issuer has determined that there exists a need for the abatement or control of pollution of the environment of the State of Rhode Island. The Issuer has affirmed a resolution that has resolved that it will authorize, issue and sell in one or more series of development revenue Bonds in an aggregate principal amount of up to $13,500,000 to finance the MedRecycler-RI, Inc medical waste to energy facility to be located in Johnston, Rhode Island. (below)
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