PERRY TWP. – Township trustees have agreed to a 75% property tax break to help pave the way for a planned data center along Faircrest Street SW.
The deal calls for Perry Township to receive $2.75 million upfront in exchange for foregoing future property tax payments from the project. It still receives 25% of the expected property tax revenue over three decades.
A resolution on the 30-year abatement was passed by a 2-1 vote by Perry trustees on March 24 during the board’s regular meeting. The action followed a lengthy closed-door session related to the data center and other township issues…