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Fri February 15, 2013
Dynamis Contract With Ada County Set To End, $2 Million Loan Won't Be Repaid
The Ada County Commission announced it intends to end a deal with Eagle-based Dynamis Energy.
Nearly three years ago, the County contracted with Dynamis to build a waste-to-energy processing plant. The company received a $2 million loan from Ada County to create site specific plans.
But the project quickly turned controversial when citizens started raising environmental concerns. Karen Danley was among them.
“[I'm] absolutely elated to hear of the victory for Ada County,” says Danley.
Danley applauds Friday’s decision to dissolve the contract – even though the agreement would release Dynamis from paying back the county’s $2 million loan.
“Yes I’m sorry to see the $2 million go," she says. "But in the longrun, Jim Tibbs and Dave Case have definitely saved the county from financial difficulties in the future. So this was the wisest thing to do.”
Ada County Commissioners Dave Case and Jim Tibbs led the decision to reverse course on the Dynamis project. That agreement would also waive the energy company's right to sue the county.
Next Tuesday morning county commissioners will vote on the recommendation to dissolve the contract after public comment is heard. The meeting takes place at 9 a.m. at the Ada County Courthouse.
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