Douglas County approved a 35-year rebate of its business personal property tax share for Flexential’s planned Parker data center, the county explained in an Aug. 13 release later updated in October. The incentive concerns taxes on business equipment, rather than a blanket exemption from property taxes.
The county said school, library and fire district portions of the equipment tax would continue, as would real property taxes. Flexential told commissioners the planned Compark facility would have 22.5 megawatts of capacity and occupy just under 250,000 square feet.
The October update put the initial annual rebate estimate at approximately $593,000. It also said other companies may own equipment inside the facility and would still pay tax on those assets, potentially reducing the eventual incentive. The county said the actual rebate depends on assessed property values; the estimate is not a fixed annual payment.
Flexential also described a closed-loop cooling system and said it would pay for the electrical infrastructure serving the project. Those statements are the company’s representations, as relayed by the county.
