Dynamis Energy, the outfit that got $2,000,000 of taxpayer cash to design a “trash to electricity” generating plant signed a five year agreement with Ada County Tuesday.
Commish Vern Bisterfeldt voted against the project, citing “serial meetings,” lack of a bid, no performance bond, improper loans (of public funds) and no payback as Commish Sharon Ullman had promised. The “loan” was disguised as an award to Dynamis for technical plans–with no bid–and Dynamis is to buy back the plans.
The GUARDIAN has been wary of the deal from the beginning and our view hasn’t changed. The deal to draw up the plans leaves the county holding the bag as the plans cannot be used off the landfill site and the county will not make a penny off the sale of electricity if any is ever generated through burning 408 tons of trash each day.
The DAILY PAPER has reported the story without the bias the GUARDIAN offers, but we haven’t seen any results and the claims by Dynamis have too many excuses and unanswered questions…they still have a lot of loose ends to tie up including a building permit, DEQ approval, and an agreement with Idaho Power.
Financing the $60,000,000 will also be an interesting scenario in and of itself. A similar project in Nampa was deemed to not be economical by a non partisan consulting engineering firm hired by the city.
We have also been told by several sources that low prices for natural gas make it uneconomical to build the $60 million plant.
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