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Ottawa Commission authorizes sale of Proximity Park to Lightfield Energy LLC

Ottawa City Commission · December 18, 2024
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Summary

The commission voted to authorize finalization and execution of a $5,000,000 purchase-and-sale agreement with Lightfield Energy LLC for Proximity Park, including a 180-day due-diligence period and a tax-abatement request capped at 75% for 10 years. Lightfield says the project will house a technology campus and power plant to support large data and AI users.

The Ottawa City Commission on Dec. 18 authorized city leaders to finalize and execute a purchase-and-sale agreement to sell Proximity Park to Lightfield Energy LLC, approving a $5,000,000 contract with a 180-day due-diligence window and terms that limit any tax abatement to no more than 75% for 10 years.

City Attorney Paul Finch presented the action as a newly added agenda item, saying staff had finalized a draft agreement and invited principals Andy Talbert and Billy Sorensen to describe Lightfield’s plans. Lightfield described the proposal as a combined technology campus and on-site power plant intended to serve large data centers and AI computing…

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