Bonners Ferry, Idaho
Forest Group resolve dispute
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July 30, 2011 |
The City of Bonners Ferry and Idaho Forest Group
LLC have reached an agreement resolving a
dispute regarding rates for electric service to
the IFG mill in Moyie Springs.
A new, long term power supply contract between
the city and IFG will allow the Moyie Mill to
operate in the competitive lumber market and
cover the city's cost of providing electrical
service, said city administrator Steve Boorman.
"This contract balances the risks and benefits
associated with good and bad generation years at
the Moyie hydro-electric facility, as well as
the variability of BPA rates," said Mayor Dave
Anderson.
Idaho Forest Group, one of the largest employers
in Boundary County, operates four lumber mills
in north and central Idaho. IFG is the product
of a 2008 merger between Riley Creek Lumber
Company and Bennett Forest Products.
As a result of the agreement, the city and IFG
have also agreed to dismiss pending litigation
regarding the dispute. |
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