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The Pine Island City Council approved $36,578,343 in financial incentives for Project Skyway, a multimillion-dollar data center, with a unanimous 5-0 vote. The incentives are structured in two parts over several decades.

City Administrator Elizabeth Howard stated the city would generate over $131 million in new taxes from the project. Developer Ryan Companies is obligated to create at least 38 full-time jobs, with wages starting at $31 per hour. Despite opposition from residents who expressed concerns about the size of the incentives and potential obsolescence of the data center, the council decided to advance the project.