SAN FRANCISCO — The builders of what they say will be the biggest water desalination plant in the nation are now slated to ask for more than one-half billion dollars of private-activity bond allocation by the end of the month.

Poseidon Resources is now scheduled to make its request for $530 million of private-activity bond authority to the California Debt Limit Allocation Committee at its Jan. 27 meeting, according to spokespersons for both Poseidon and CDLAC.

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