Posted inCity Council City of Salem Data centers
Salem data center’s three-year property tax abatement seems suspicious
Verrus, the corporation wanting to build a 75 acre, $5.1 billion data center at the Mill Creek Corporate Center in Salem, has already received a three-year property tax abatement. Meaning, if the data center is built, for three years neither the City of Salem nor other taxing districts would receive any property tax revenue from the project. However, there's a special meeting of the Salem City Council next Monday, August 3, where a moratorium on data centers will be discussed. If this applies to the Verrus project, the property tax abatement may be a moot point. Still, I want to…
