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San Angelo council authorizes 5‑year lease tied to proposed data center, $1M annual rent
Summary
After closed‑session negotiations, the council voted unanimously to authorize a five‑year lease with San Angelo Data Center Campus Power LLC for roughly 347 acres east of US‑67, setting annual rent at $1,000,000 with proceeds credited to any future purchase. The motion follows staff briefing on new ERCOT requirements.
The San Angelo City Council on March 17 authorized the city manager to negotiate and execute a lease with San Angelo Data Center Campus Power LLC for about 347 acres east of U.S. Highway 67, approving a five‑year lease with annual rent set at $1,000,000.
The lease authorization came after an executive‑session review of the property and related negotiations. Legal staff told the…
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