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Committee approves one-year extensions for select expiring timber contracts with payment conditions
Summary
Iron County approved one-year extensions for contracts expiring July 1, 2026, setting a no-increase option if 50% of the sale value has been paid or a 5% increase if not. The motion passed unanimously and applied to a named list of contractors.
The Iron County Forestry & Parks Committee on June 10 approved a set of one-year extensions for timber contracts expiring July 1, 2026. By motion of B. Stutz, supported by D. McNutt, the committee adopted terms: an extension with no price increase if at least 50% of the sale value has been paid; otherwise a 5% increase in price will apply.
The minutes list specific contractors and contract numbers to which this policy applies (including Bay Logging RM 2908; Corullo Forest Products contracts 2872, 2875, 2886 and 2817; Futurewood Corp 2809; Ottawa Forest Products 2915; and Sappi North America contracts 2910 and 2916). The motion carried with all members recorded as in favor. County staff will apply the extension terms to the named contracts and monitor payments per the approved policy.
