In exchange for investing $200 million in a new data center in The Dalles, Google will get a new package of tax breaks worth hundreds of millions of dollars.
In exchange for investing $200 million in a new data center in The Dalles, Google will get a new package of tax breaks worth hundreds of millions of dollars.
The deal with the city and Wasco County goes beyond an agreement that covers Google’s two existing data centers on its riverfront site there and offers property tax exemptions potentially worth hundreds of millions of dollars to the company.
Though it guarantees just 10 new jobs and the $200 million investment, those totals could be somewhat higher given the size of Google’s current operations in The Dalles. The deal also provides a $1.2 million up-front payment to the city and county, and $800,000 annually after that.
Read more at OregonLive.com.
