The Auburn City Council recorded several economic development actions in its Nov. 18 minutes.
Council approved concurrence with the Industrial Development Board to sell a piece of property at 1501 West Sanford Avenue to Core Scientific for an electrical substation. The sale was presented as part of the council's concurrence with the Industrial Development Board.
The council also approved a tax abatement extension described as for "Rausch and Posh" tied in the minutes to a $25,000,000 capital investment and hiring 73 new jobs; the minutes include one instance of the phrase "RAPA" that appears inconsistent with the company name elsewhere in the summary. Separately, the council approved a tax abatement amendment for Shenhua tied to a $210,000,000 capital investment and hiring 50 new employees. Mayor Anders thanked the companies for investing and expanding in Auburn.
The minutes do not list vote tallies or the exact terms of the sale or abatements; further documentation is available in the council packet and Industrial Development Board records.