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alex0015today at 6:07 PM1 replyview on HN

What I'm seeing from the article is that the land is 87 acres and the data center is going to take up ~4 of them. Perhaps with the extra $3 million a year in tax revenue the city could build a park too.

The article didn't really convince me that the homes are going to be significantly devalued or that people are going to be thrust into poverty. It says so, and dismisses out of hand claims to the opposite, but doesn't give much in the way of evidence for its points.

I'm sympathetic to the agreement for the original donation. If the original deed said that the stipulation of donation was not only "only use this for a park" but also "never sell to anyone who might do something else," then I do think the city owes some very large compensation amount to somebody. If not, though... the city sold the land in 2008 to the Taylor Economic Development Corporation, at which point it doesn't really sound like the original deed has much value. If you buy land from someone privately and 18 years later it turns out it was gifted to them with the stipulation that they never sell, how much recourse should another party really have to stop you doing what you want with that land?


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culitoday at 6:37 PM

The full 87 acres were donated to the nonprofit Texas Parks and Wildlife Foundation. The city sold 53 acres for $10 million to the developer. In addition:

> The Taylor City Council and the EDC are giving Blueprint a 50% rebate on property taxes for 10 years on each of the three phases of construction for the $1 billion project. In addition, the company would get a 50% rebate on local sales-and-use tax collected on construction material purchases.

https://www.taylorpress.net/article/10705