**Atterix Data Center MOU** [developing]
Key Questions
What is the Atterix Data Center MOU?
The MOU is a non-binding agreement for a 6-month exclusive feasibility study on a data center in Raton. Atterix will cover all costs and risks during this period, protecting the city while requiring public input later.
Who bears the financial risks in the Atterix feasibility study?
Atterix covers all costs and risks for the 6-month study. This arrangement safeguards the city from upfront financial exposure.
What cautions exist regarding data center developments?
National reports indicate local governments have lost billions to data center tax abatements and subsidies. Federal regulators have protested a proposed New Mexico pipeline for a data center project, highlighting potential risks.
Non-binding feasibility study underway; Atterix covers all costs/risks for 6 months exclusive. Protects city, requires public input later. National reports highlight billions lost to data center tax abatements, caution on subsidies.