The effort to fund the Calexico West Port of Entry expansion continues with today's approval of a memorandum of understanding between the county and the California Power Corp, a developing consultant.
The Imperial County Board of Supervisors approved the MOU in which the county agrees to negotiate for one year exclusively with the California Power Corp.
The California Power Corp. is involved with Kinsell, Newcomb & de Dios, the investment firm interested in funding the Calexico West POE expansion, a project estimated to cost some $300 million.
IVEDC gets county funding
The Imperial Valley Economic Development Corporation received a pledge for $75,000 from the county. Supervisors unanimously approved the monetary support, albeit after a discussion that reduced Supervisor Gary Wyatt's initial suggestion that the county give IVEDC $100,000.