Yorkville City Council to Vote on $91 Million Data Center Agreements
Yorkville City Council will vote on agreements related to two data center projects, Cardinal and Steel, potentially bringing $91 million to the city. The largest portion, $68 million, will support Yorkville Community Unit School District 115's facilities plan. Project Cardinal will contribute $51 million, while Project Steel will provide $40 million, with the district agreeing to abate some property taxes in exchange for upfront payments.
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The Yorkville City Council is set to vote on agreements concerning two data center projects, Cardinal and Steel, which could yield $91 million for the city and local organizations. Yorkville Community Unit School District 115 would receive the largest share, totaling $68 million, as part of a facilities plan.
Project Cardinal is responsible for $51 million of this, while Project Steel is committing $40 million. In return, the district will abate some property taxes for the data centers. Project Cardinal has already received initial city council approval, while Tuesday's meeting will be a formal vote for Project Steel.
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