Village of Ashville Resolution 06-2026 Development and Supply Agreement Term Summary
Village Approves Major Development Agreement with EdgeConneX
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Description
The Village of Ashville Council approved a resolution adopting a term summary for a Development and Supply Agreement with EdgeConneX, Inc. The agreement framework includes up to $102 million in support for the local community, funding for professional advisors, and infrastructure commitments linked to the proposed data center and energy generation facilities, with additional incentives tied to future annexation.
Contract Details
Contract Amount
Up to $102,000,000 in support to Village, Township, and School District, plus new community authority (NCA) charges; potential additional $74,000,000 if annexation occurs; $50,000 initial funding (up to $100,000) for Village professional advisors; Company pays engineering/legal costs; up to $35,000,000 for EPA-mandated infrastructure in escrow
Vendor
EDGECONNEX INC
Agency
Ashville village, OH
Contract Type
PROFESSIONAL_SERVICES
Document Date
February 27, 2026
Contract Term
Anticipated execution of DSA by May 7, 2026; some contributions upon final permit/certificate of occupancy; infrastructure support up to May 31, 2027; possible additional incentives if annexation by June 30, 2027
Renewal Date
2027-06-30
Renewal Info
Planned execution of DSA may include defined renewal/amendment procedures; additional $74 million incentives triggered by annexation and new agreements by June 30, 2027.
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