San Benito County transportation agency will pay 50% of costs for the first phase of development.
Caltrans to request funding from state transportation commission in December, with two-year construction phase expected to begin next summer.
$241 million project will occur in phases, with construction not expected to begin for several years.
Value analysis will be conducted in early 2020.
Compost company shares plan for increasing capacity and trucks at facility near Hwy. 25.