Resident questions RISE loan and urges council to consider UDO protections for AI data centers
A resident raised questions about a past RISE loan used for a shell/spec building and public anxiety over proposed AI data centers, apologized for a prior outburst, and asked councilmembers to publicly support adding protective language for data centers to the Unified Development Ordinance; councilmembers varied in response, with at least one saying he opposed hybrid AI facilities and several encouraging expert review and UDO updates if warranted.
The full story
During public comment on June 8, resident Nolan asked the council about a historical loan tied to the RISE board that funded a spec/shell building (figures in public discussion suggested roughly $1.4'— million). Council members said the loan was entered into in a prior period, funds were used for construction of the shell building and repayment is contractually tied to sale; council members indicated they did not have the original documents on hand but said repayment had not yet occurred and that the loan had been structured without interest.
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