A revised contract clearing the way for construction in San Marcos of a $212-million privately owned trash-burning power plant with a 300-foot smokestack was approved Tuesday by the San Diego County Board of Supervisors.
Ground breaking for the power plant, the focus of relentless opposition from many San Marcos residents, will take place within the next 13 days, with completion scheduled for mid-1988 at the site of a county-owned landfill in southern San Marcos, near the rural community of Elfin Forest, said Richard Chase, a managing director for the developer, North County Resource Recovery Associates.
Earlier this year, the controversial project had received the approval of the Board of Supervisors. But the project ran into financing obstacles, forcing the developers to ask the county for amendments to the original agreement, which were approved Tuesday.
Essential elements of the revised contract include increasing the county's share of its royalties from the electricity sold, but only after the plant's debt service and operating expenses, including payments to private investors, are paid; turning the plant over to county ownership in 40 years, instead of in 55 years; the developer and the county sharing any added expenses incurred because of changes in federal tax or environmental protection laws, and guaranteeing operation of the facility at specific levels of efficiency and energy production.