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Redevelopment Commission approves $25 million community‑impact payment addendum with Decennial Group for data‑center project
Summary
The commission approved an addendum to the Decennial Group development agreement that adds a $25,000,000 community‑impact payment tied to a data‑center expansion; the payment schedule includes an initial $5,000,000 payment near groundbreaking and staggered subsequent amounts, and the funds are intended for a city‑related charitable organization.
The Hammond Redevelopment Commission on May 19 approved an addendum to the existing development agreement with Decennial Group LLC for a data‑center expansion that adds a $25,000,000 community impact payment in addition to previously discussed payments by the developer.
A staff representative described the addendum as an additional payment on top of an earlier commitment (described in the staff report as roughly $4,000,000 per year over a defined period). Under the newly described schedule, the developer would pay $5,000,000 within 30 days of groundbreaking, another $4,000,000 paid in structured increments over 90 days and the remaining balance within 90 days of those milestones. The staff presentation identified a charitable organization related to the city — citing the Hammond Development Corporation as an example — as the intended recipient of the community impact payment.
A commissioner moved to approve the addendum; the motion was seconded and carried 5–0 on roll call.
The addendum is an agreement between the city, the Hammond Redevelopment Commission and Decennial Group LLC; details in the staff report describe timing and recipient mechanisms. The commission’s approval authorizes the agreement but does not itself distribute funds; disbursement will follow the contract schedule and any required administrative steps.
