Payment settles EPUD dam deal

By Diane Dietz
The Register-Guard

For the Emerald Public Utility District, the New Year has brought the end of a dam story.

A Toronto-based company finally had its U.S. subsidiary, Symbiotics, pay the utility $664,000 — plus interest and fees — to buy out EPUD’s share of the Fall Creek dam electricity project.

But the payment didn’t come until after the utility filed suit against the company last July, Symbiotics missed a court-mandated payment in September, and the utility garnisheed company bank accounts for $121,650 in November and $375 in December. Read more