County OKs record-$165 billion bond for data center construction
In a divisive decision, the Dona Ana County commissioners have approved an unprecedented $165 billion industrial revenue bond to finance a mammoth AI-training data center in Santa Teresa. The room erupted in anger after the ordinance authorizing the bond passed, with the anger having been brewing for seven hours before the vote.
The decision has drawn criticism from some quarters, with one commissioner voting against it. The vote was not unanimous, reflecting the contentious nature of the issue. The data center, intended for AI training purposes, is set to be located in Santa Teresa.
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Despite the controversy surrounding the approval of the bond, the industrial revenue bond remains a significant development in the region's technological landscape. The bond is expected to help finance the construction of the AI data center, a project that could have far-reaching implications for the local economy and the technology sector.
It is worth noting that no information is available about who filed the application for the unusual $165 billion industrial bond for building a large AI training data center in Santa Teresa. This is a question that remains unanswered, adding another layer of intrigue to the story.
In conclusion, the approval of the $165 billion industrial revenue bond for the AI data center in Santa Teresa has sparked a heated debate among the commissioners and the public. As more information becomes available, the Newsletter will continue to provide comprehensive coverage of the story, keeping its subscribers informed every step of the way.
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