Makad Corp. finalizing 30-year lease for property on Airport Road.
BY JACOB PALMER | DIGITAL NEWS EDITOR
Makad Corp. is finalizing a 30-year lease for a 12-acre property Airport Road in Pendleton.
The city extended the road about six years ago to entice businesses.
[Economic Development Director Steve] Chrisman wrote that the data center could generate as much as 45 jobs and is a good fit for the industrial park.
Chrisman wrote the city could receive $295,970 in tax revenue in the next 25-27 years, plus $826,612 over 28 years through rental fees, not including the CPI increases.
(SOURCE: East Oregonian)
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