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Village of Ashville Resolution 06-2026 Development and Supply Agreement Term Summary

Ashville approves EdgeConneX development and funding framework

Up to $102,000,000 in support to the Village, Harrison Township and Teays Valley Local School District, plus additional NCA charges; potential additional $74,000,000 following annexation and incentives; up to $35,000,000 for EPA-mandated infrastructure; $50,000 up to an amount not to exceed $100,000 for Village professional advisors; $64,000,000 to Teays Valley; up to $3,000,000 to the Township Fire Department; $10,000,000 to the Township; up to $14,000,000 and up to $18,000,000 to the Village for water and wastewater plants; up to $32,000,000 to Teays ValleyAshville villageEDGECONNEX INCApril 6, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Village of Ashville Council approved a Development and Supply Agreement Term Summary with EdgeConneX, Inc. to support a major data center and energy facility project and extensive infrastructure and community contributions exceeding $100 million. The term summary outlines funding for Village professional services, EPA-mandated water, sewer, and road improvements, and substantial payments to the Township and Teays Valley schools, contingent on regulatory approvals and potential annexation.

Contract Details

Contract Amount

Up to $102,000,000 in support to the Village, Harrison Township and Teays Valley Local School District, plus additional NCA charges; potential additional $74,000,000 following annexation and incentives; up to $35,000,000 for EPA-mandated infrastructure; $50,000 up to an amount not to exceed $100,000 for Village professional advisors; $64,000,000 to Teays Valley; up to $3,000,000 to the Township Fire Department; $10,000,000 to the Township; up to $14,000,000 and up to $18,000,000 to the Village for water and wastewater plants; up to $32,000,000 to Teays Valley

Vendor

EDGECONNEX INC

Agency

Ashville village, OH

Contract Type

OTHER

Document Date

April 6, 2026

Contract Term

Development and Supply Agreement to be executed no later than May 7, 2026; various payment triggers tied to OPSB permits, building permits, certificates of occupancy, and annexation by dates including March 31, 2026 and June 30, 2027

Renewal Info

Full Development and Supply Agreement must be executed no later than May 7, 2026; additional payments and incentives are contingent on future annexation and a 15-year CRA agreement by June 30, 2027. No automatic renewal terms are specified in the term summary.

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