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Board approves performance agreement amendment renaming Solis Arx/Archipelago to Fluidstack
Summary
The Wythe County Board accepted an amendment to the Solis Arx/Archipelago performance agreement to change the project's name to Fluidstack and adjust a certificate-of-occupancy date; investment milestones of $250M and $500M remain unchanged.
The Wythe County Board of Supervisors approved an amendment to the Solis Arx/Archipelago performance agreement during the Aug. 25 meeting that changes the project name to Fluidstack and revises the performance date related to certificate of occupancy. County staff said capital-investment milestones ($250 million and $500 million) and their dates were not changed.
Vice Chair J.W. "Dicky" Morgan moved approval on the Economic Development Committee’s recommendation; the vote was unanimous among members present. Board documents show the amendment is administrative in nature (name and timing adjustments) and does not alter the previously-negotiated investment commitments referenced in the agreement.
The action keeps the performance benchmarks intact while recognizing the company’s updated name; county staff will update contract records accordingly.
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