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County staff recommend cautious extension for Verity renewable natural gas project to protect county finances
Summary
County staff told supervisors Verity, the operator of a renewable natural-gas project at the county landfill, is seeking a timeline extension primarily to satisfy financing partners; staff said the extension includes protections to limit county financial risk.
Marathon County's environmental resources staff explained on June 19 why Verity Renewable Natural Gas requested a timeline extension for its landfill-gas-to-RNG project, and why staff recommended a resolution that would permit an extension while protecting county financial exposure.
Lance (county staff) told supervisors the primary reason for Verity's request is a financing concern: the project's lender sought assurance that the county's timeline extension would keep the existing agreement intact while the company secured financing. Lance said Verity is making progress and that the company expected to begin transmitting initial methane and landfill gas to the processing plant in July for processing and pipeline injection.
Lance also said the proposed amendment evaluated by the Environmental Resources Committee seeks to mitigate county financial risk by ensuring the county would be "made whole" if specified deadlines are not met. Staff said the extension request reflects timing and lender concerns rather than evidence that the project will fail to proceed.
Supervisor Erik Rosenberg asked why the project was delayed; staff reiterated the delay stemmed from financing timelines and lender assurances. The county did not adopt final action on the extension at the June 19 full-board meeting; the resolution (Res. 35-25) remained before the board for consideration.
