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Commissioners signal support for glycerin recycler pitch, cite legal limits on direct county lending
Summary
After a public commenter urged county support for a glycerin recycling company, commissioners said they will explore options such as letters of support and work with PEDCO, but cautioned that a $12 million direct county loan may be legally or fiscally infeasible under state statute.
PUEBLO, Colo. — Public comment and commissioner remarks at the Aug. 5 meeting highlighted local interest in supporting a proposed glycerin recycling business and other industrial prospects, while county leaders signaled they would pursue available avenues but may be constrained from providing direct large loans.
Dave DeCenzo told commissioners he supported a presenter from the previous…
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