Laserfiche WebLink
<br />Site Attributes <br />Incentives <br />Incentives are available at the State and City level that makes this property attractive to prospective <br />buyers. A summary of the stimuli is listed below: <br />State Data Center Sales Tax <br /> Requirements: Available to companies or individuals who build data or telecommunications <br />data centers with a minimum of 25,000 square feet and who invest at least $30M in less than <br />48 months <br /> Provides a sales tax exemption for 20 years on computer/server hardware, power equipment <br />(distribution panels, UPS, PDUs, etc.), cooling equipment (chillers, air conditioners, et al.), <br />software to operate the environment, and electric utility bills. <br /> The facility is exempt from property tax. <br />MN Job Creation Fund <br /> Requirements: Minimum requirements are ten jobs and $500K in capital investment. <br /> The fund will provide up to $1M in grants once the position and capital investment objectives <br />are achieved (YMMV based upon project parameters). <br />Third-Party Stimuli <br /> Requirements: <br />o Headquartered in Minnesota <br />o Less than 25 employees <br />o Focused on R&D of qualifying high-tech <br /> <br /> Potential to qualify for up to $1M in angel tax credits. <br />Local Government <br />Local government is open to negotiation for prospective partnerships <br /> <br /> <br />2020 MTC DCLM DC Model (1) Page 4 of 20 <br /> 2020 Excipio Consulting, LLC. All Rights Reserved. This document is proprietary and confidential and may not be duplicated, <br />redistributed, or displayed to any other party without the expressed written permission of Excipio Consulting LLC. <br /> <br />