West Des Moines will consider incentives for another data center
Monday, June 10, 2013 11:17 AM
The West Des Moines City Council will consider about $8 million in property tax rebates for a proposed data center when it meets today. Dubbed Project Mountain, the project would receive nearly $2.4 million in rebates after agreeing to a minimum property assessment of $40 million for the first phase of development. A planned expansion would generate an additional $6 million, according to a staff report, on an agreed assessment of $100 million. The unidentified company behind Project Mountain also is seeking investment and sales tax credits under the state's High Quality Jobs Creation program. The data center would generate about 36 jobs, according to the city document. The property tax rebates would not be paid until the city retires bonds necessary to pay for street and infrastructure improvements.