CHICAGO -- Detroit expected later this week or early next week to price approximately $166.4 million of limited-tax general obligation tax-exempt and taxable bonds through its Economic Development Corp. for pollution control equipment at the city's waste incinerator.

The long-awaited sale of the bonds will coincide with the sale-/lease-backed transaction that may take place this week of the Greater Detroit Resource Recovery Authority incinerator. The incinerator sale will allow a private investor to own the facility for tax credit purposes, while the city and its contractor continue to operate it.

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