Incentives & Infrastructure Estimated incentives and Infrastructure cost: $87,000,000 We will have...

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Transcript of Incentives & Infrastructure Estimated incentives and Infrastructure cost: $87,000,000 We will have...

MICROSOFT: PROJECT ALLUVION

PROJECT ALLUVION

Incentives & Infrastructure

Estimated incentives and Infrastructure cost: $87,000,000

We will have a Development Agreement with Microsoft that will also have a minimum assessment agreement requiring a minimum property valuation of $255,000,000 at the end of Phase IV

Project Description

Four phase data center Area: 154 acres Total investment: $1,126,218,000 Total building size: 1,165,364 square

feet Total employment: 84

Potential Infrastructure Improvements

South 8th Street (old Army Post Rd to County Line Rd)

Pine Avenue to new Army Post Road

Potential Infrastructure Improvements Continued

Pine Avenue upgrades (eastern Corporate Limits to South 8th Street)

Maffitt Road/County Line Road connection (South Veterans’ Parkway to County Line Road)

County Line Road connector to MaffittRoad extension

Water & Sewer

Water line distribution/storage upgrades

Sanitary sewer line upgrades

Services

Relocation of MidAmerican power line

Fiber optic conduit/fiber line installation

Public Safety Facility (to be constructed/equipped as part of TIF District at a date to be determined)

Schedule

Review plans (Phase I only) Grading Construction of Phase 1 Open Phase 1 Future Phases