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Ripley board asks city attorney to draft terms for proposed CleanSpark data center on city land
Summary
Ripley aldermen unanimously authorized city attorney Mark Manikov to draft a term sheet as a counterproposal to CleanSpark’s purchase agreement, seeking community protections and binding development commitments for a proposed data center on city-owned industrial property.
The Ripley Board of Mayor and Aldermen on Monday unanimously authorized city attorney Mark Manikov to draft a terms sheet to negotiate commitments from CleanSpark for a proposed data center on prime city-owned industrial property.
Manikov told the board the existing purchase contract contains no binding commitments about development and recommended a detailed counterproposal to protect the city and nearby neighborhoods. “This is a wonderful piece of property,” Manikov said, noting the purchase price described in the agreement as “$15,000 an acre” and warning that, without…
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