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GeoBitmine project progression stalled by lien, incomplete permit items
Summary
GeoBitmine reps told the Bingham County board in mid-November that a mechanics lien and unfinished floodplain and elevation paperwork are blocking final site completion; the lien issue centers on an unpaid claim (discussed at roughly $316,000) between Crescent Supply Services and Precision Electrical.
GeoBitmine representatives told the Board on Nov. 12 that investor interest exists but a contractor-related lien is preventing final clearance for their site. Alicia Atkinson reported payments from GeoBitmine were applied to the wrong account and that Crescent Supply Services will not release a mechanics lien until Precision Electrical pays roughly $316,000. GeoBitmine said it is working daily with both companies to cure the issue and aims to have the matter resolved before the Nov. 30 lien-extension deadline.
County planning staff also outlined outstanding inspection and documentation items that must be completed before a Certificate of Occupancy is issued, including corrected Elevation Certificates, floodwall engineering plans to be added to the Flood Plain Development Permit, stair details over the floodwall, and finalized site plans. Planning Director Tiffany Olsen told GeoBitmine representatives those items must be submitted for Building Official review and final inspection. GeoBitmine representatives said they expect to provide a lease-renewal intent letter to the county by month-end.
"There is no reason that the lien should have been placed on the property," GeoBitmine'9s Alicia Atkinson said, describing payments misapplied to a different account and ongoing efforts to get the lien removed.
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