Project

Solid Waste Disposal Revenue Notes Series 2022 (Direct Bank Purchase)

The Atlas Disposal Industries LLC project closed on August 1, 2022. CPCFA issued $15,595,000 in tax exempt notes, of which $9,470,000 was used to refund the Series 2018 notes previously issued by CPCFA and provided a cost of issuance subsidy of $183,000 using CPCFA’s Small Business Assistance Fund (SBAF).

Atlas used the note proceeds to purchase equipment for the collection, processing, transfer, and recycling of solid waste, including CARB compliant solid waste collection vehicles, bins, and containers, construction and expansion of a maintenance and storage building to house collection vehicles and containers, and construction of an EV charging station to accommodate future EV-powered trucks.