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Google agrees to pay Van Buren Township $15.4 million to seed a fund for local infrastructure projects.
Google will receive a 50% property tax break worth around $124 million for its data center.
KEY POINTS
- Google must pay Van Buren Township $15.4 million for local infrastructure and commit to 51 new jobs.
- The data center could use as much power as 750,000 homes and 2-3.65 million gallons of water daily.
- If Google violates noise agreements post-construction, it will lose its tax incentive deal.
- This is among Michigan's first local efforts to attract 'hyperscale' data centers with such incentives.
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