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Aug 27, 2:25 PM EDT

Prineville approves tax deal for Facebook big data center


PRINEVILLE, Ore. (AP) -- Facebook has been approved for a new data center in Prineville that is expected to save the social-networking company tens of millions of dollars.

The Oregonian reports ( http://bit.ly/1MVLpzY ) the City Council and Crook County commissioners signed off on a 15-year deal Wednesday for Facebook to build its third and largest data center in the central Oregon community.

County property records show Facebook has already spent nearly $780 million in Prineville. The new deal requires Facebook to pay local governments $190,000 annually plus the $110,000 it already pays each year for its existing data centers. In exchange, the company would receive property tax exemptions.

Although Facebook has indicated its plans to build a third facility in Prineville, the company says it will make a final decision by the end of September.

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Information from: The Oregonian, http://www.oregonlive.com

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