CONTRACTAPPROVED

Cottle County Awards Financial Services Contract to Rs 70 Land Holdings LLC (November 2026)

Cottle County
Disclosed value
Minimum annual PILOT of $2,500,080.00 for Phase 1; Acceleration Payment of $1,500,000; Community Benefit Payments totaling $1,957,000 in first year plus additional amounts for future phases; PILOT per MW rates ranging from $3,884.00 to $4,341.66 per MW of electrical generation capacity and $18,760.00 to $20,510.50 per MW of critical IT capacity
From agreement
Approved
Nov 9, 2026

The 30-second brief

What it covers

Cottle County entered into a Tax Abatement Agreement with RS 70 Land Holdings, LLC on November 9, 2026 to support construction of a large-scale data center project in the RS 70 Land Holdings Reinvestment Zone. The agreement provides 100% County property tax abatement on eligible improvements for up to six phases over 10 years per phase, in exchange for annual PILOT payments, a $1.5 million acceleration payment, and more than $1.9 million in initial community benefit contributions. RS 70 Land Holdings commits to minimum employment levels, local hiring initiatives, training programs, infrastructure repair obligations, and reimbursement of County legal expenses.

Who holds it

Rs 70 Land Holdings LLC holds this financial services contract with Cottle County.

What happens next

Term as filed: Each Abatement Period is 10 calendar years per phase; Reinvestment Zone designation effective November 9, 2026 for 5 years, renewable for an additional 5 years; Improvements for each Data Center Project to remain at least 15 years after COD.

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Contract details

Contract type
Financial Services
Amount
Minimum annual PILOT of $2,500,080.00 for Phase 1; Acceleration Payment of $1,500,000; Community Benefit Payments totaling $1,957,000 in first year plus additional amounts for future phases; PILOT per MW rates ranging from $3,884.00 to $4,341.66 per MW of electrical generation capacity and $18,760.00 to $20,510.50 per MW of critical IT capacity
Document date
November 9, 2026
Term
Each Abatement Period is 10 calendar years per phase; Reinvestment Zone designation effective November 9, 2026 for 5 years, renewable for an additional 5 years; Improvements for each Data Center Project to remain at least 15 years after COD
Source document
Cottle County Agreement Tax Abatement Agreement with RS 70 Land Holdings, LLC 2026-11-09 (Agreement)

Rs 70 Land Holdings LLC's other public contracts

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Questions about this contract

Who was awarded the financial services contract by Cottle County?

Rs 70 Land Holdings LLC was awarded this financial services contract by Cottle County, as recorded on November 9, 2026. The contract value is Minimum annual PILOT of $2,500,080.00 for Phase 1; Acceleration Payment of $1,500,000; Community Benefit Payments totaling $1,957,000 in first year plus additional amounts for future phases; PILOT per MW rates ranging from $3,884.00 to $4,341.66 per MW of electrical generation capacity and $18,760.00 to $20,510.50 per MW of critical IT capacity.

How much is the Rs 70 Land Holdings LLC contract with Cottle County worth?

The Rs 70 Land Holdings LLC contract with Cottle County is valued at Minimum annual PILOT of $2,500,080.00 for Phase 1; Acceleration Payment of $1,500,000; Community Benefit Payments totaling $1,957,000 in first year plus additional amounts for future phases; PILOT per MW rates ranging from $3,884.00 to $4,341.66 per MW of electrical generation capacity and $18,760.00 to $20,510.50 per MW of critical IT capacity, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Cottle County Agreement Tax Abatement Agreement with RS 70 Land Holdings, LLC 2026-11-09 (Agreement), dated November 9, 2026 from Cottle County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Rs 70 Land Holdings LLC hold?

Rs 70 Land Holdings LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Cottle County currently buying?

Explore Cottle County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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