The Council on Development Finance (CDF) has approved nearly $4.5 million in taxpayer-backed grants, including nearly $2.9 million to Pepsi to “Pepsify” a 359,000-square-foot warehouse in Claymont. CDF is an advisor to the Delaware Economic Development Authority (DEDA). It is responsible for conducting public hearings before DEDA issues any bonds or provides other financing support to projects. Other applicants who …