Firm to pay city’s data center review expenses

The Port Washington Common Council on Tuesday unanimously approved a predevelopment agreement with Red Granite DevCo, the real estate arm of Cloverleaf Infrastructure, following a closed session.

The agreement notes that Red Granite is seeking to acquire approximately 1,900 acres in the Town of Port for a data center and requires the firm to reimburse the city for its cost to study the proposal.

These expenses, including the cost of legal, financial, planning and engineering services, will be automatically reimbursed to a maximum $750,000, according to the agreement.