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Extract to table / proffer-negotiation-strategy-memo.docx
proffer-negotiation-strategy-memo.docx
Parties
Harkness LLP
Ironhaven Data Centers LLC
Calloway LLP
Dates
May 20, 2025
May 30, 2025
November 1, 2025
August 1, 2027
November 1, 2027
October 15, 2025
September 15, 2025
October 20, 2025
Amounts
$5.00
$2,400,000
$5.75
$2,760,000
$4.00
$7.00
$1.25
$100
$1,485,000
$4.50
Obligations
Under the statute, proffers must satisfy three fundamental requirements
First, proffers must be voluntarily offered by the applicant; the locality may not compel or mandate specific proffer amounts as a condition of approval
Second, proffers must be reasonably related to the rezoning or zoning modification being sought — that is, there must be a rational nexus between the impacts generated by the proposed development and the conditions offered
Third, proffers must be designed to offset the reasonably anticipated impacts of the proposed development on public facilities, infrastructure, and services
Accordingly, our negotiation strategy must be calibrated to these practical dynamics while preserving IHDC's legal position that its proffers are voluntary and reasonable
Each building will be equipped with a 2N diesel generator configuration, meaning that the generator yards will contain substantial backup power equipment that must be periodically tested