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re: Corpus Christi Data Center Refuses to Make Usage Data public, Avoids taxes
Posted on 6/15/26 at 11:12 am to UltimaParadox
Posted on 6/15/26 at 11:12 am to UltimaParadox
quote:
A 2022 presentation by then-Assistant City Secretary Andrea Gardner predicted revenues of $32 to $50 million over a 10-year period in exchange for the city’s de-annexation of the property, a decision that would enable Bootstrap to escape more than $70.5 million in franchise fees and sales tax on its electricity use.
Why go the de-annexation route instead of tax abatements or credits? Seems like this took away any power the city had to deal with issues in other ways. They could have promised credits or abatements of $70 million of actual taxes and fees collected (minus expected revenue) instead of waiting on payments like a regular creditor. This also has to have affected any property taxes the city could have collected.
Even create a tax district where taxes collected would go towards infrastructure supporting the project including the additional pipeline that was eventually added anyway and toward improving the water supply.
0
Posted on 6/15/26 at 11:19 am to UltimaParadox
Corpus city government seems like a bunch of idiots.
Posted on 6/15/26 at 11:21 am to KamaCausey_LSU
I mean it makes sense if you could monitor the diffusing so the salt level doesn’t get too high to kill marine life. I’m not an engineer so I don’t know if that can be done or not.
Posted on 6/15/26 at 11:24 am to ragincajun03
quote:
This whole data center/AI “race” is probably going to end up causing more problems than creating solutions.
This data center is a bitcoin mine, those type of data centers are notorious for being water and electricity hogs.
The new data centers being built for AI are much more efficient per sq ft than bitcoin mines.
Posted on 6/15/26 at 11:40 am to UltimaParadox
From what I could find...
That area consumes 85 million gallons per day. Per day.
The Bitcoin data center there uses 127,000 gallons per day. Remember the area uses 85 million per day.
News Station
It does not seem that the data center is their biggest concern. It does make for click grabbing headlines though.
That area consumes 85 million gallons per day. Per day.
The Bitcoin data center there uses 127,000 gallons per day. Remember the area uses 85 million per day.
News Station
It does not seem that the data center is their biggest concern. It does make for click grabbing headlines though.
Posted on 6/15/26 at 12:10 pm to KamaCausey_LSU
They should just sell it to Morton's.
Posted on 6/15/26 at 12:12 pm to BHM
quote:
That area consumes 85 million gallons per day.
Assuming a metro population of about 450,000, that would be almost 200 gallons per person per day. That seems like a lot.
Posted on 6/15/26 at 12:42 pm to sledgehammer
quote:
I’m not an engineer so I don’t know if that can be done or not.
There are 22,000 active desalinization plants around the world, so one could assume that it's been figured out.
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