Data center land sale brings $15.8M to the city

Negotiated and approved (4-1 vote) the sale of 184.5 acres of city-owned land near Highway 66 and Frisco Road to BLE Holdings LLC for $15.8 million, connected to a proposed data center representing approximately $1 billion in private investment. If fully realized, the project would increase Yukon's electric franchise fee revenue to $8–12 million per year (10–15 times current levels). The agreement includes protective provisions requiring non-potable water for cooling, developer-funded infrastructure, and no on-site power generation.

What it means: $15.8M land sale revenue with potential $8–12M/year in ongoing franchise fees from $1B investment