“Apple Inc. has agreed to pay local governments $150,000 a year and get a 15-year property tax exemption for the data center it is developing in Central Oregon,” The Associated Press reports.
“In an agreement with Prineville and Crook County, Apple also commits to minimums of 35 jobs at the center, wages 150 percent of the county’s average wage and $250 million invested at its 160 acres of land,” AP reports. “The city of Prineville and Crook County will have to work out how to split the $150,000 payment called a “project fee,” The Bend Bulletin reported Friday.”
AP reports, “The Oregonian reports that the value of the tax break will depend on how much Apple winds up investing… Apple paid $5.6 million in February to buy 160 acres in Prineville and started construction of a modular server farm on the bluffs above town. It hasn’t said how large the development will become. The Bonneville Power Administration is upgrading the electrical infrastructure in Crook County to handle the presence of Apple and other data centers. PacifiCorp has said it will provide power for the Apple project in Prineville, but Apple has told the city it also plans a green energy project there, Prineville City Manager Steve Forrester said.”
Read more in the full article here.
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