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Council approves $100,000 pre-application escrow agreement for developer-led data center review
Summary
Council approved a pre-application escrow agreement requiring Gymnast LLC to deposit $100,000 to fund third-party engineering and planning review for a potential development on County Road 42 near an existing data center; council emphasized the developer would pay costs and sought transparency for the community.
Rosemount, Minn. — The Rosemount City Council approved a pre-application escrow agreement on Dec. 16 that will require Gymnast LLC to deposit $100,000 to cover third-party consulting and engineering invoices as the developer and city discuss a potential project on the north side of County Road 42 near an existing data center.
City staff described the…
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