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HEREBY CALL TO ORDER THE JUNE 18TH, 2024 MEETING, THE UCHIN COUNTY ECONOMIC ECONOMIC DEVELOPMENT PROPERTY.
MADAM SECRETARY, MADAM DIRECTOR, WOULD YOU PLEASE TAKE MR. SPIT HERE? MR. SLOAN HERE.
MS. WOOD HERE, MS. DEARIN AND MR. COLLIER ARE ABSENT, BUT YOU DO HAVE A WARRANT.
DO WE HAVE ANY INTERESTED CITIZENS THAT WOULD LIKE TO SPEAK BEFORE THE ECONOMIC DEVELOPMENT AUTHORITY TO, UM, JONATHAN LYLE 1521 MANNEQUIN ROAD? UH, I, I DO WANT TO JUST CONTINUE TO ENCOURAGE ECONOMIC DEVELOPMENT AUTHORITY WITH THE ENERGY AND FOCUS THAT HAS EXHIBITED MY TIME ATTENDING THESE MEETINGS ON BUILDING OUR COMMERCIAL TAX BASE.
UH, WHEN THE BOARD OF SUPERVISORS IS LOOKING AT THE BUDGET, WE SEE THAT WE'RE OUT OF BALANCE IN, IN SO MANY WAYS WITH A 85% THEREABOUTS, UH, RESIDENTIAL REVENUE STREAM AND 15% COMMERCIAL REVENUE STREAM.
AND, AND SO THE EFFORTS THAT I'VE HEARD YOU ALL LOOK AT IMAGINATE, IF YOU WILL, IDEATE, UM, IS REALLY, REALLY HELPFUL.
AND, UH, I, I WILL SPEAK AS ONE MEMBER OF THE BOARD OF SUPERVISORS TO SAY THAT WE REALLY WANT TO SUPPORT YOUR EFFORTS.
UH, WE'RE LOOKING FORWARD TO THE WORKSHOP.
UH, OUR REGRET IS IT TOOK UNTIL AUGUST SCHEDULE IT.
WE WOULD'VE LIKED TO HAVE DONE IT TWO MONTHS EARLIER, BUT WE UNDERSTAND THINGS TAKE TIME.
UH, AND SO WE, WE WANT THIS TWO-WAY COMMUNICATION AS TO WHAT'S YOUR VISIONING, AND THEN ALSO UNDERSTANDING WHAT WE'RE LOOKING AT SO FAR AS BUILDING A TAX STRUCTURE IN THE COUNTY THAT IS GOING TO KEEP THE COUNTY RURAL, PUT GROWTH IN THOSE DESIGNATED GROWTH AREAS, AND, AND JUST BE A TEAM AND SUPPORTIVE.
AND, AND, UH, WE MAY BE TRAVELING IN THE SAME DIRECTION, BUT WE'RE ON ROUTE SIX AND TWO 50 AND WE DON'T REALLY KNOW WHAT'S GOING ON AND WE'RE BOTH MOVING IN THE SAME DIRECTION, BUT THE COMMUNICATION ISN'T GOOD.
WE WANT TO BE EITHER TOGETHER ON ROUTE SIX OR TOGETHER ON ROUTE TWO 50, OR IF WE'RE ROUTE SIX AND TWO 50 COMMUNICATING THROUGH CD RADIO OR WHATEVER, JUST LEAVE IT THAT.
SO YES, WE REALLY APPRECIATE THOSE EFFORTS AND WE WANT SUPPORT HIM AT THE BOARD SUPERVISOR'S LEVEL.
AND LET ME STATE THE, FOR THE RECORD THAT WE DO HAVE MR. TOM WINFREY, WHO IS HERE, BOARD OF SUPERVISOR, DISTRICT THREE, MR. JONATHAN LYLE, WHO IS DISTRICT FIVE SUPERVISOR WITH US ALSO.
UH, MS. CAROL TAYLOR IS WITH US FROM THE GWIN CHAMBER.
UM, AND YOU'VE ALREADY SAID YOU DIDN'T WANNA MAKE ANY, DO YOU GENTLEMEN, JUST OUT OF, UH, HAPPENSTANCE BEING HERE, WANT TO SAY THING BEFORE THE MEETING FOR AS CITIZEN COMMENT? UH, I'LL PROVIDE THAT OFFERING IF YOU, YOU ARE ON THE AGENDA.
SECOND, YOU ARE ON THE AGENDA ALREADY.
SO WE'RE A SHERRY, WE GROWTH REALTY.
AND, UH, LOOK, LOOKING FORWARD TO, TO THIS DISCUSSION.
THANK YOU GENTLEMEN FOR BEING HERE.
TOM WINFREY 1510 SHALLOW ROAD SUPERVISOR, DISTRICT THREE.
UM, I JUST WANT TO ECHO WHAT JONATHAN SAID.
AND I, AND I, I HAVE A STRONG SENSE THAT THE BOARD WOULD LIKE TO WORK MORE CLOSELY WITH THE EDA AND, UH, SO WE CAN DO TOGETHER TO MORE, PROVIDE FOR MORE OPPORTUNITIES FOR ECONOMIC DEVELOPMENT IN THE COUNTY AND, AND WORK TOWARDS THAT SWEET SPOT OF, UH, MAYBE A 70 30% TAX BASE MIX BETWEEN INDUSTRIAL COMMERCIAL BUSINESSES AND PRESIDENTIAL.
UH, THE FIRST ITEM ON THE AGENDA FOR THE COMMITTEE OR THE AUTHORITY ITSELF IS THE APPROVAL OF THE MINUTES FROM APRIL 17TH AND MAY 8TH OF THIS YEAR.
UM, I'LL ENTERTAIN A MOTION FOR EITHER ONE OR BOTH.
UH, ANY DISCUSSION, HEARING, NO DISCUSSION.
ALL IN FAVOR OF APPROVAL OF THE MINUTES.
AND ANY ABSTENTIONS? HEARING NONE.
WE HAVE A, UH, BILL TO BE PAID, AND I KNOW YOU MIGHT WANT TO SAY A FEW WORDS ABOUT THAT.
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UH, PAYMENT, UH, IT'S 12.IT'S TWELVE HUNDRED AND ELEVEN SEVENTY FOUR.
UH, THAT'S FOR LEGAL WORK ON REGARDING THE PARCEL OF LAND THAT, UH, SOLD.
AND, UH, I, UH, MOVED AND WE, UH, PAID THAT BILL THROUGH.
ANY DISCUSSION ON THE ACTION? HEARING NONE.
ALL IN FAVOR, PLEASE STATE AYE.
ANY OPPOSED? ANY EXTENSIONS AND PASSES THIS, UH, ANY OTHER MATTERS THAT, UH, YOU'D LIKE TO BRING FORTH AS TREASURER? WELL, WE HAVE THE, THERE'S A, UH, CHECK REGISTER REPORT.
THERE'S REALLY NOTHING, UH, NO MAJOR CHANGES.
UH, MR. CHAIRMAN, UH, YOU'LL GO TO SOME PASS THROUGH PAYMENTS AND NOTCH.
THOSE ARE, YOU KNOW, PRETTY REGULAR ITEMS. UH,
THAT'S THE $5,000 FOR THE, UH, FOR THE CLAND, UH, RETAIL PROGRAM THAT WE HAVE UNDERWAY.
THAT'S REALLY, REALLY NOTHING REPORT.
ANY QUESTIONS ON THE TREASURER'S REPORT? HEARING NONE.
WE'LL MOVE ON TO THE DATA CENTER DISCUSSION.
WOULD YOU LIKE TO KICK THIS OFF? I WOULD, DIRECTOR.
UH, TONIGHT WE HAVE ANDY WALSH AND ALEX SHARE OF SUGAR REALTY.
UM, I MET ANDY THROUGH A CONNECTION AND THOUGHT THAT THE INFORMATION THAT HE HAD ABOUT DATA CENTERS WOULD BE VERY INFORMATIVE TO THE EDA AND MAY HELP US UNDERSTAND, UH, WHAT THEY KIND OF LOOK FOR IN LOCALITY, THEY'RE SITE WISE OR INCENTIVE WISE AND SOME OF THE OTHER UNIQUE THINGS THAT THEY'VE SEEN ON THE MARKET, UM, JUST FOR INFORMATION PURPOSES.
SO, WITH THAT, TURN IT OVER TO YOU GENTLEMEN.
UM, AND THIS WILL BE OPEN DISCUSSION, QUESTIONS, ANSWERS, THAT KIND OF THING, AND WE OPERATE IN A VERY COLLEGIAL MANNER WITH SO RELATIVELY INFORMAL.
UM, LET ME GIVE MY QUICK INTRODUCTION.
I'M ANDY WALSH FROM THE PRESIDENT, PRINCIPAL BROKER FOR SUGAR OAK REALTY.
UM, SUGAR OAK REALTY IS THE BROKERAGE SERVICES DIVISION OF SUGAR OAK PROPERTIES AND SUGAR OAK HOLDINGS.
WE'RE BASED UP IN NORTHERN VIRGINIA, UH, FULL SERVICE REAL ESTATE, COMMERCIAL REAL ESTATE OWNER OF OFFICE RETAIL, FLEX INDUSTRIAL PROPERTY.
UM, RIGHT NOW WE HAVE A LITTLE UNDER 3 MILLION TOTAL SQUARE FEET FROM THE DC AREA DOWN TO FLORIDA.
UM, WE HAVE SIX ASSETS HERE IN RICHMOND, UH, JUST A LITTLE UNDER 300,000 SQUARE FEET HERE AND IN RECO COUNTY AND CHESTERFIELD.
NOTHING IN GOOCHLAND UNFORTUNATELY WOULD LIKE TO SHOW SOME.
UM, BUT MORE RECENTLY, IN THE LAST FEW YEARS, REALLY SORT OF WITH COVID, WE'VE TAKEN ON, UM, OUTSIDE LISTINGS FOR INVESTORS, FRIENDS AND FAMILY TO MARKET THEIR LAND, UM, FOR SALE OR FOR LONG-TERM GROUND LEASE DEVELOPMENT.
AND ONE PARTICULAR CLIENT WAS VERY, UM, INVESTED IN LAND THAT HAD WHAT THEY THOUGHT WAS WORTHLESS VALUE WITH TRANSMISSION SYSTEMS AND UGLY SUBSTATIONS LYING IMMEDIATELY ADJACENT TO THE LAND SITE.
UM, NOT NECESSARILY HERE IN GLAND, BUT THROUGHOUT CENTRAL AND SOUTHERN VIRGINIA.
AND WE STARTED GOING DOWN AND TRYING TO FIND FOR THEM THE HIGHEST AND BEST DEVELOPABLE VALUE.
UM, AND WHAT SORT OF STARTED AS, UM, REALLY MORE, UM, RENEWABLES PROJECTS RELATED SOLAR DEVELOPMENT, BATTERY STORAGE DEVELOPMENT ON THESE SITES WITHIN THE LAST COUPLE OF YEARS HAS QUICKLY MORPHED INTO WHAT, UM, FOR THE SAME LAND SITES, ESPECIALLY IF THERE'S MORE ACREAGE, COULD BE VERY VIABLE FOR DATA CENTER DEVELOPMENT, UM, WITH SOME PUBLIC UTILITIES THAT ARE IN PLACE.
AND IF THERE IS, UH, LONG HAUL FIBER THAT RUNS NEARBY, IT'S JUST AS VIABLE AND, AND PROBABLY MORE IN SHORT TERM VIABLE.
UM, SO OUR BUSINESS MODEL SORT OF QUICKLY TURNED TO WHERE I NEEDED TO BRING SOMEBODY IN TO HELP ME.
I'M THE REAL ESTATE BACKGROUND GUY.
I'VE BEEN DOING THIS FOR 20, SOME, 25, 26 YEARS, I GUESS.
UM, OVERSEEING OUR REAL, OUR COMMERCIAL PORTFOLIO OF, OF LEASING SALES FOR OFFICE AND RETAIL THROUGHOUT THE COUNTRY.
BUT ALAN HERE BROUGHT IN TWO YEARS AGO, UM, WHO WAS A REALLY GOOD MARRIAGE.
'CAUSE HIS BACKGROUND IS WITH DOMINION, UM, WITH THE UTILITY SIDE AND ALSO WITH THE GOVERNMENT LOBBYIST SIDE.
SO THE COMBINATION OF TWO FOR WHAT WE ARE LOOKING TO DO FOR OUR, OUR LAND DEVELOP, OUR, OUR LANDOWNERS AS WELL AS OUR DEVELOPER CLIENTS NOW, UM, REALLY MORPHED INTO A, A MARRIAGE TO BEGIN, UM, THE DATA CENTER SIDE OF, OF THE BROKERAGE.
AND IT'S REALLY TAKEN OFF IN THE LAST SIX MONTHS, ESPECIALLY WITH AI DEVELOPMENT.
UM, AND WE CAN DELVE INTO ALL SORTS OF DIFFERENT QUESTIONS, BUT I REACHED OUT TO SARAH TO SEE IF THE COUNTY WOULD HAVE ANY INTEREST BECAUSE WE HAVE DEVELOPER PARTNERS THAT WE'RE WORKING WITH THAT ARE ACTIVELY SEEKING SITES THAT HAVE ACCESS TO TRANSMISSION AND SUBSTATIONS TO DEVELOP FOR
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THIS TYPE OF PRODUCT RIGHT NOW.UM, AND IT'S, THERE'S A LOT OF CAPITAL THAT SHIFTED IN THIS DIRECTION THAT'S MOVED OUT OF OTHER, YOU KNOW, TRADITIONAL REAL ESTATE SOURCES THAT IS LOOKING FOR DEVELOPING THESE SORT, SORT OF PROJECTS IN THE VERY NEAR TERM FUTURE.
UM, ALAN SHARED SUGAR REALTY, UM, AS ANDY MENTIONED, I, I'VE GOT THE, THE ENERGY BACKGROUND AND THAT'S WHERE SORT OF A LOT OF THE, THE, THE DATA CENTER WORLD IS, IS FOCUSED RIGHT NOW.
UM, INCENTIVES, TAX RATES, THEY ALL HELP AND, AND IT WILL SORT OF PUT YOU IN THE BALLPARK, BUT THE NUMBER ONE THING THAT'S GOING ON RIGHT NOW IS A SEARCH FOR POWER.
AND, UH, I'VE, THERE'VE BEEN ARTICLES THAT SORT OF BUBBLE UP IN THE WASHINGTON, UH, SAY WALL STREET JOURNAL AND, AND SOME OTHER BUSINESS, UH, PUBLICATIONS, UM, RECENTLY, PROBABLY WITHIN THE LAST MONTH OR TWO.
AND THERE'S A NATIONWIDE SEARCH FOR POWER AND SOME POINT VIRGINIA AND OTHER STATES ARE, ARE GONNA RUN OUT OF POWER.
AND SO THE, THE SEARCH IS, THERE'S A RUSH FOR SITES.
AND IT'S NOT ABOUT BUILDING INFRASTRUCTURE, IT'S ABOUT FINDING INFRASTRUCTURE THAT'S ALREADY THERE.
SO YOU'VE GOT, YOU'VE GOT EXISTING FIBER, YOU'VE GOT EXISTING TRANSMISSION LINES, EVERY COUNTY HAS 'EM, SOME HAVE MORE THAN OTHERS.
UM, BUT THAT'S, THOSE ARE THE SITES THAT ARE MOVING FORWARD.
AND, AND YOU KNOW, WHEN YOU, WHEN YOU TALK ABOUT A SITE, YOU KNOW, LET'S SAY WE SIGN A PURCHASE AGREEMENT TOMORROW, YOU REALLY WOULDN'T BE ABLE TO SEE, UH, ANY, ANY TAX REVENUE COMING OUTTA THAT SITE FOR PROBABLY TWO OR THREE YEARS.
UM, AND SO WE'VE BEEN WORKING PRETTY CLOSELY.
UM, WE HAVE CLIENTS, UH, LANDOWNER CLIENTS IN BOTH SOUTH HAMPTON AND GREENSVILLE COUNTIES.
SO WE'VE BE, WE'VE BEGUN WORKING PRETTY CLOSELY IN THOSE COUNTIES WITH LOCAL GOVERNMENT, UM, TO TRY TO, TO GET SOMETHING DONE.
SO WE SORT OF HAVE A LITTLE BIT OF A MODEL.
UM, IT'S, IT'S EVOLVING KIND OF EVERY DAY ALMOST.
UM, GREENSVILLE COUNTY, FOR EXAMPLE, TOOK THE LOUISA COUNTY TECHNOLOGY OVERLAY DISTRICT, THE TOD MODEL, AND, AND THEY TWEAKED IT A LITTLE BIT AND THEN, AND ACTUALLY PASSED THAT IN VILLE COUNTY ON, ON JUNE 3RD.
UM, SO IT WAS, WE, WE'VE BEEN WORKING WITH THE COUNTY ALLEN, PARTICULARLY FROM WORKING WITH THE COUNTY FOR THE LAST YEAR FROM SORT OF STARTING OFF WITH THE IDEA THAT THERE'S A SITE THAT HAS THE INFRASTRUCTURE IN PLACE FOR THIS SORT OF DEVELOPMENT.
AND TO WHERE JUST IN THE LAST COUPLE WEEKS IT WAS APPROVED AS THE TECHNOLOGY OVERLAY DISTRICT WAS APPROVED AND VOTED UPON, UM, FOR THOSE SPECIFIC USES.
NOW, THE TIMING IS SUCH THAT TWO YEARS AGO, GREENSVILLE PROBABLY WOULD'VE NEVER BEEN LOOKED AT, UM, FOR DEVELOPMENT SUCH AS THIS.
IT'S JUST THAT REALLY IT'S WITH THE INTRODUCTION OF AI AND THE TECHNOLOGIES THAT ARE REQUIRED TO CREATE THE COMPUTING PROCESSING AND THE, THE AMOUNT OF STORAGE THAT AI REQUIRES, THAT THE, THE AMOUNT OF, OF POWER THAT IS REQUIRED TO DO THAT IS JUST TAPPED OUT IN NORTHERN VIRGINIA.
UM, AND, AND THE TRADITIONAL, YOU KNOW, AREAS WHERE THERE'S WORK THAT HAVE HOUSED DATA CENTER PROJECTS IN THE PAST, AND SORT OF THE, THE PERFECT MARRIAGE OF THIS IS THAT THESE LEARNING CENTERS, UM, THESE, THESE GENERATIVE AI LEARNING CENTERS DON'T NECESSARILY NEED TO BE IMMEDIATELY ADJACENT TO OTHER DATA CENTER SITES BECAUSE THEY'RE, THEY'RE NOT THE SAME SORT OF PROCESSING.
SO THESE OTHER SITES THAT ALL NEED TO BE WITHIN A CERTAIN RANGE OF EACH OTHER, IT'S TO CREATE WHAT'S SORT OF CALLED AN EDGE NETWORK.
SO WHERE THERE'S, THERE'S LATENCY WHERE IF YOU'RE, IF YOU'RE, SAY YOU'RE STREAMING A VIDEO, THAT THERE'S NO SPINNING THAT TAKES PLACE, THAT THAT VIDEO KEEPS COMING TO YOU BECAUSE IT'S CO LOCATED WITHIN A CERTAIN AMOUNT FROM WHERE THAT DATA CENTER IS TRANSMITTING.
UM, WITH A LEARNING CENTER, THEY DON'T HAVE TO HAVE, AT LEAST INITIALLY RIGHT NOW, THE REQUIREMENT TO BE IMMEDIATELY ADJACENT TO ALL THOSE OTHER SITES.
THEY'RE ONLY PERFORMING ONE TASK, SO THEY'RE NOT HANGING BACK AND FORTH FROM OTHER DATA CENTERS.
BUT THE POWER THAT'S REQUIRED FOR THAT IS, IS, IS ALMOST, YOU KNOW, WE, WE'VE RUN INTO WHERE THESE DEVELOPERS ARE SAYING AS MUCH POWER AS WE CAN FIND, WE'RE WILLING TO PURCHASE AND, AND, AND TRY TO GET IT UNDER CONTRACT.
UM, SO THAT'S WHAT'S BROUGHT INTO THE FOLD THESE MORE RURAL COUNTIES IN SOUTHERN VIRGINIA THAT HONESTLY, TWO YEARS AGO, EVEN, EVEN A YEAR AGO, SOME OF THE DEVELOPERS THAT WE'RE NOW TALKING TO HAD NO INTEREST IN GOING SOUTH TO SPOTSYLVANIA COUNTY.
NOW THEY'RE LOOKING ANYWHERE THEY CAN FIND POWER AND THE AMOUNT OF LAND THAT THEY CAN GET TO BUILD A, YOU KNOW, UP TO A GIG OF POWER DATA CENTER SITE.
SO SARAH AND I HAD THE CONVERSATION, IS THAT SOMETHING THAT NOT NECESSARILY THAT SIZE AND SCALE, 'CAUSE GLAND COUNTY'S DYNAMICS ARE VERY DIFFERENT WITH IN RIKER COUNTY AND WHITE OAK BEING RIGHT THERE.
THERE'S VARIOUS DIFFERENT TYPES OF PROJECTS THAT COULD BE BUILT HERE BECAUSE IT'S MORE OF A METROPOLITAN AREA, AND IT COULD BE AT A SMALLER SCALE, BUT WHAT WE'VE SEEN IS THAT THERE IS A TIMING RIGHT NOW AND AN INSATIABLE APPETITE FOR THESE SORT OF DEVELOPMENT DEVELOPMENTS TO TAKE PLACE DUE TO THE LACK OF POWER ELSEWHERE.
UM, IF YOU LOOK AT, UM, YOU KNOW, THE TRADITIONAL
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DATA CENTER HUB OF, OF, SAY LOUDOUN COUNTY AND PRINCE WILLIAM, UM, THOSE MARKETS ARE, ARE ONE, THEY'RE GETTING A LOT OF PUBLIC OPPOSITION, AS, AS YOU KNOW, AS, AS WITH ANY LOCALITY.YOU'RE GONNA HAVE THAT SOMETIMES, UH, BUT THEN YOU'RE, THEY'RE RUNNING OUT POWER.
AND SO, UM, YOU, YOU'RE, YOU, YOU, WHITE OAK TECHNOLOGY PARK IS, IS A GOOD EXAMPLE, BUT THEN YOU, YOU LOOK TO A MORE RURAL AREA LIKE MECKLENBURG COUNTY AND THEY'VE BEEN ABLE TO, TO MAKE IT WORK, UH, WITH A A, A FEDERAL, UH, CONTRACT AND THEN ALSO WITH MICROSOFT.
UM, AND SO IN TERMS OF THE, THE MODEL FOR WHAT'S ALREADY OUT THERE, MECKLENBURG AND FOR RURAL COUNTIES AND VIRGINIA MECKLENBURG SORT OF, UH, DONE THIS.
UM, AND, AND, AND I WAS ABLE TO GET THE NUMBERS, UM, ANNUALLY, THIS IS STRAIGHT FROM THEIR, UH, COMMISSIONER REVENUE.
THEY, MICROSOFT PAYS $22 MILLION IN TAXES TO, UH,
UM, AND, YOU KNOW, TO A COUNTY LIKE GOOCHLAND OR ANY OTHER RURAL COUNTY THAT DOESN'T HAVE THAT MORE CORPORATE TAX BASE, THAT'S, YOU KNOW, THAT'S LIFE CHANGING MONEY.
UM, AND SO, UM, THAT, THAT WAS SORT OF ONE OF THE EARLY EXAMPLES.
UM, THEN LOUISA CAME ALONG AND, AND FORMED THEIR TOD.
AND SO THAT KIND OF WAS, WAS A MODEL FOR, FOR RAISE AS WELL.
UM, BUT THERE IS SORT OF A, UM, A, A, A RACE RIGHT NOW AND THAT'S, THAT'S WHERE WE'VE KIND OF TRIED TO, UH, WHEN WE'VE BEEN ASKED, WE'VE, WE'VE TRIED TO REALLY, UM, OVEREMPHASIZE THE FACT THAT THE TIME IS OF THE ESSENCE IN IDENTIFYING THAT CRITICAL INFRASTRUCTURE WHERE, WHERE IT EXISTS.
AND SOMETIMES IT MAY NOT BE IN AN AREA WHERE YOU WANT TO, WHERE THE COUNTY SEES DEVELOPMENT HAPPENING, BUT IF, IF IT IS IN AN AREA WHERE IT'S, THERE'S A POSSIBILITY, I THINK IT, YOU KNOW, IT'S, IT'S WORTH REALLY LOOKING AT HARD.
UM, AND, AND SO I THINK THERE ARE, THERE ARE A COUPLE OF SITES HERE IN BELAND THAT I WAS GONNA ASK ALAN.
UH, HAVE YOU LOOKED AT GLAND? WELL, ANDY'S BEEN, BEEN WORKING, UM, AND, AND THEY'VE GOT SOME PRETTY SPECIFIC, UM, AND THERE THERE'S A COUPLE OF RIGHT, RIGHT APPLES THAT ARE POTENTIALLY, IT, IT WILL COME DOWN TO ULTIMATELY, UM, OBVIOUSLY THE, THE LAND LANDOWNER WILLINGNESS TO MOVE FORWARD WITH A PROJECT LIKE THAT.
UM, YOU KNOW, OBVIOUSLY THE COUNTY'S IS A BIG PIECE OF THAT AS FAR AS THAT'S GOING TO WORK, AS FAR AS THAT SORT OF DEVELOPMENT IS CONCERNED.
BUT THE MOST IMPORTANT PIECE OF IT IS REALLY THE AMOUNT OF POWER THAT'S AVAILABLE ON THE TRANSMISSION SYSTEM THAT'S RUNNING IMMEDIATELY THROUGH THAT SITE.
AND, AND THE STUDIES NOW, UM, WHICH USED TO TAKE, NOW EVEN A YEAR AGO, DOMINION COULD, COULD CONDUCT A CLASS THREE POWER STUDY AND DELIVER ESSENTIALLY AN AGREEMENT TO A DEVELOPER WITHIN THREE TO SIX MONTHS STATING THIS IS THE AMOUNT OF POWER THAT'S AVAILABLE BASED UPON WHAT YOUR REQUIREMENT IS OVER THE COURSE OF THE NEXT SAY 10 YEARS.
AND THIS IS A RATE YOU CAN BUY IN AT THIS, YOU KNOW, AND, AND PROVIDE THAT WITHIN THREE MONTHS, SIX, UH, MAYBE SIX MONTHS MAX.
NOW IT'S TAKING SIX MONTHS TO 12 MONTHS BECAUSE THERE'S SO MUCH DEMAND FOR IT, DEMAND EVERYWHERE.
AND AS EACH COMMITMENT'S MADE, IT CHANGES, YOU KNOW, THE ALGORITHM AS FAR AS WHAT'S AVAILABLE WITHOUT THE, WITHIN THE REST OF THE GRID SYSTEM.
UM, AND, AND THAT'S PART OF THE ISSUE IS THAT, UM, THE DEMAND ON THE END USER SIDE, WHICH THE END USERS ARE REALLY BIGGEST TECH COMPANIES OUT THERE.
IT'S AWS MICROSOFT, GOOGLE META.
UM, APPLE IS NOW RAPIDLY GETTING INTO FOLD, UM, ORACLE.
UM, AND THEN THERE'S SORT OF A SECONDARY LEVEL OF ALL THE, UM, AUTONOMOUS LIKE TESLA, THE, UM, AUTONOMOUS DRIVING FEATURES AND EVERYTHING THAT AI IS CREATING ESSENTIALLY.
UM, AND JUST THE, THE, THE DEMAND THAT THAT IS REQUIRED OF THE TRANSMISSION SYSTEM RIGHT NOW IS SUCH THAT, YOU KNOW, IT, IT'S, IT'S A 10 TO 12 FOLD INCREASE OF WHAT'S IN PLACE RIGHT NOW THAT'S COMING FROM THE DATA CENTER INDUSTRY.
SO THAT'S WHY, YOU KNOW, WHEN THESE DEVELOPERS THAT WERE HISTORICALLY LOOKING IN SILICON VALLEY, OUTSIDE OF SEATTLE, DALLAS, FORT WORTH HAS A HANDFUL AND OBVIOUSLY LAB COUNTY, THEY'RE NOW SEARCHING FOR ANY POCKETS WHERE THEY CAN FIND THAT SORT OF POWER THAT'S READILY AVAILABLE.
AND IF, IF THEY FIND A STRETCH OF TRANSMISSION WITH A SUBSTATION NEARBY THAT THEY CAN TIE INTO, UM, AND THEY CAN GET A COMMITMENT, YOU KNOW, WITHIN NINE MONTHS TO 12 MONTHS TO HAVE A HUNDRED PLUS MEGAWATTS THAT ARE AVAILABLE FOR THE TAKING, THEY'RE GONNA JUMP RIGHT ON THAT.
AND, AND ALL THE OTHER THINGS ARE REALLY SECONDARY TO THAT PIECE IS IF, IF THEY CAN CONFIRM THAT POWER THERE AND THEY CAN MAKE THAT COMMITMENT TO THEIR END USER, THEY'RE GONNA MAKE IT WORK.
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DO YOU ACTUALLY WORK AS A BROKER OR AN AGENT OR BOTH FOR, LET'S SAY THE, THE HIGH-END TECH COMPANIES ARE PUT IN THE NVIDIA CHIPS? MM-HMM.AND AT THE SAME TIME, DO YOU ALSO WORK AT, UH, FOR THE, UH, QTS THE OTHER ENTITIES THAT ARE NON, LET'S SAY, TENSOR BASED? OR HOW, HOW DO YOU, HOW DO YOU, WHAT MODELS ARE YOU, AND I UNDERSTAND THEY'RE EVOLVING 'CAUSE EVERYTHING'S EVOLVING, RIGHT? NOW'S RAPID IN CREDIBLE SPEED.
HOW DO YOU, HOW DO YOU FIT INTO THAT? AND DO YOU REPRESENT THEREFORE THE COUNTY? DO YOU REPRESENT THE, THE BIG 8, 9, 10 OR, OR DO YOU ALSO REPRESENT SPEC? DO YOU REPRESENT THE, THE OUTLIERS, UH, THAT CAME INTO THE PEAN AND SO FORTH? HOW, HOW DO YOU PERCEIVE OR WHAT TO PLAY IN THAT SPACE? SO, SO OUR, UM, WE REPRESENT BOTH LANDOWNERS AND DEVELOPERS.
SO WE HAVE, UM, HALF DOZEN CLIENTS OF OURS THAT ARE LANDOWNERS OF LAND THAT HAVE ALL OF THE INFRASTRUCTURE IN PLACE, AND THEN WE MARKET IT TO THE DEVELOPERS.
SO WE'VE GONE TO DATA CENTER CONFERENCES, UM, AROUND COUNTRY, UM, AND SORT OF INGRAINED OURSELVES, SHOWING 'EM THE SITES THAT WE HAVE AND THE, YOU KNOW, THE, THE VALUE THAT'S THERE IN PLACE.
AT THE SAME TIME, WE'VE WORKED DIRECTLY WITH THE COUNTIES TO MAKE SURE THAT THE SITE, THE PROJECT, PUBLIC UTILITIES, ALL THAT LINES UP FOR SOMETHING THAT THE, THE COUNTY'S GOING TO BE WILLING TO MOVE FORWARD OR IF IT FITS IN WITH THE COUNTY'S COMPREHENSIVE PLAN FOR A CERTAIN SITE.
UM, ON THE FLIP SIDE, BECAUSE OF THIS PROCESS, WE'VE HAD DEVELOPERS THAT ARE PRIVATE EQUITY FUNDS, UM, YOU KNOW, JUST SPECULATIVE REAL ESTATE DEVELOPERS OR IN SOME INSTANCES ESTABLISHED DATA CENTER OPERATORS, OWNERS THAT HAVE REACHED OUT TO US ABOUT THESE SITES.
AND UPON THOSE DISCUSSIONS, THEY SAID TO US, HEY, CAN YOU HELP US FIND OTHER SITES THROUGHOUT VIRGINIA AND THROUGHOUT THE COUNTRY? SO THAT'S SORT OF GIVEN US A BEHIND, YOU KNOW, BEHIND THE CURTAIN, LOOK AT WHAT THE DEVELOPER IS REALLY LOOK FOR IN SITE SELECTION AND, AND, AND WHAT WORKS FOR THEM, WHAT DOESN'T, AND THEIR TIMING AND, YOU KNOW, THE CAPITAL AND HOW THAT WORKS ON THEIR END, THEIR CAPITAL STACK.
SO WHAT OFTEN THE WAY IT WORKS IS THAT THOSE DEVELOPERS ARE ESSENTIALLY A JD PARTNERSHIP WHERE THEY'RE THEN GOING OUT AND, AND PARTNERING WITH AN OWNER OPERATOR LIKE A QTS, UM, AND THEN THE QTS, THEY WILL GO TO MICROSOFT OR AMAZON WITH WHO THEY HAVE, YOU KNOW, MULTIPLE LAYERS OF, OF CORPORATE CONTRACTUAL AGREEMENTS IN PLACE TO, TO PROVIDE, SAY, 500 MEGAWATTS OF POWER WITHIN A CERTAIN AMOUNT OF TIME FOR THIS SPECIFIC PROJECT THAT SAY AMAZON IS WORKING ON, AND QTS IS CONTRACTED FOR QTS WILL THEN COME TO US AND SAY, ALL RIGHT, WE'VE GOT THIS REQUIREMENT THAT NEEDS TO DELIVER THIS AMOUNT OF MEGAWATTS ON A PROJECT SITE IN THIS GENERAL AREA.
CAN YOU FIND US A SITE THAT'S GOING TO WORK? AND THAT'S HOW WE'VE SORT WORKING WITH THE DEVELOPERS.
NOW, CAVEAT, WE'RE NOT WORKING WITH, QTS IS NOT A CLIENT OF OURS.
THEY'VE APPROACHED US ABOUT A SITE THAT LANDOWNER, WE HAVE OTHER DEVELOPER CLIENTS JUST NOT QTS, I'M JUST USING THEM AS AN EXAMPLE.
WE TALKED TO QTS LAST WEEK, BUT THEY'RE NOT A CLIENT, RIGHT? RIGHT.
AND FOR OUR LANDOWNERS, WE'RE, WE'RE SORTING THROUGH RIGHT NOW, SPECIFICALLY IN GREENSVILLE COUNTY, A A ROUND BEST AND FINAL OFFERS.
WE'VE RECEIVED A HALF DOZEN, UM, REALLY STRONG BIBLE, YOU KNOW, EXTREMELY WELL CAPITALIZED GROUPS THAT HAVE MADE OFFERS ON THE SITE.
UM, AND IT'S JUST BECAUSE IN THE LAST TWO WEEKS, THE TECHNOLOGY OVERLAY DISTRICT WAS APPROVED, SO NOW IT'S BY RIGHT ZONE.
SO THE DEVELOPERS DON'T HAVE TO ROLL THE DICE AND SAYING, WE'RE GONNA TAKE UP, SPEND A LOT OF TIME, EFFORT, MONEY, TRYING TO GET THE POWER STUDY IN PLACE, DOING ALL THE OTHER SITE WORK, FIGURING OUT IF, YOU KNOW, THE, THE, THE ENVIRONMENTAL WORKS.
THERE'S NO CULTURAL ISSUES THAT ARISE IN THE SITE, ONLY TO FIND OUT THAT SIX MONTHS LATER WE'RE NOT GONNA GET APPROVAL FOR REZONING FOR THAT USE.
AND IF POWER IS LIKE YOUR NUMBER ONE FACTOR, THE LOCAL, LOCAL POLITICS AND GETTING REZO IS NUMBER TWO.
UH, WHAT ABOUT NUMBER THREE, WHICH I KNOW THERE'S THREE METHODS CURRENTLY BEING EMPLOYED FOR WATER COOLING.
THE INDUSTRY IS RESPONDING TO, TO, TO PUSH BACK.
'CAUSE THERE'S BEEN A LOT OF PUSHBACK IN COMMUNITIES BECAUSE OF JUST, YOU KNOW, JUST DRAINING EVERY, ALL THE WATER AND GRIDS.
SO THEY'VE BEEN FORCED TO GO TO TO, TO ACTUALLY DO A, A AIR POOL BOTTLE AND, AND THERE'S EVEN LIKE A GEL OR A FOAM, UM, THAT, THAT'S BEING GLYCO SYSTEMS THAT GO
[00:25:01]
DIRECTLY THROUGH THE, IT'S COOLED THROUGH THE SERVER SYSTEM AND NOT ACTUALLY PULLING THE AIR AROUND IT.IT'S PULLING THE RACKING SYSTEMS, BUT THEY STILL NEED TO HAVE SOME TYPE OF, IT'S A CLOSED LOOP.
SO CLOSED LOOP, BUT TYPICALLY WATER.
IT, IT REALLY SECONDARY, IT DEPENDS ON THE DEVELOPER AND WHAT THEIR PLAN IS.
ONE OF, ONE OF THE CLIENTS THAT WE, THAT WE NOW HAVE THEIR DATA CENTER IS, YOU KNOW, THE SORT OF THE BALLPARK ESTIMATE WAS, HEY, TAKE A TYPICAL CORPORATE OFFICE BUILDING AND THAT'S HOW MUCH MORE WE NEED, YOU KNOW, WHICH IS VASTLY LESS THAN A MILLION GALLONS A DAY, 2 MILLION GALLONS A DAY, 3 MILLION.
SO THE, THE TYPICAL DATA CENTER BOX IS BETWEEN 200 AND 400,000 SQUARE FEET.
UM, AND, AND WHAT THEY WERE SAYING, THIS, THIS ONE PARTICULAR GROUP, YOU KNOW, THEY USUALLY BILL 225,000 SQUARE FOOT FOR COOKIE CUTTER BOXES AS PART OF THEIR DEVELOPMENT, EACH OF WHICH IS DELIVERING, I THINK THE NUMBER WAS LIKE 44 MEGAWATTS.
IT WAS, IT WAS VERY NON-SPECIFIC NUMBER OF WHAT THE DATA CENTER HALLS COULD DELIVER BASED UPON THAT BOX.
BUT THEY SAID, YOU KNOW, EACH 200,000 SQUARE FOOT BUILDING WILL NOT REQUIRE ANY MORE WATER THAN IF YOU BUILD A 200,000 SQUARE FOOT OFFICE BUILDING ON A DAILY BASIS.
SO, SO IT'S LIKE, YOU KNOW, IF YOU'RE BUILDING 10 OF THOSE, IT'S LIKE 10 OFFICE BUILDINGS AND THEY'RE WATER REQUIREMENT FOR A DAY, BUT THEY'RE NOT ALL BUILT AT ONCE.
SO THEY'RE BUILT AS THE REQUIREMENT AND THE DEMAND FOR THE END USERS POWER REQUIREMENT.
YOU KNOW, IT'LL BE PHASED IN OVER 10 YEARS THAT THEY'RE GOING SITES.
AND SO THAT THEN BRINGS UP THE CONCEPT OF THE CAMPUS VERSUS LET'S SAY, WHAT ARE YOU SEEING THERE, THE CAMPUS VERSUS THE INDIVIDUAL, UM, DATA CENTER OR DATA CENTERS THAT ARE GLUED TOGETHER? SO THE CAMPUS IS, UM, THE ONES THAT WE ARE WORKING ON DOWN IN SOUTHERN VIRGINIA REALLY ARE FOR HYPERSCALE DEVELOPMENT FOR AI, WHERE IT'S A STANDALONE PRODUCT AND THE CAMPUS IS SUCH THAT THEY'RE, THEY'RE, THEY'RE GOING TO PACK AS MUCH POWER INTO THE END AS MANY BUILDINGS INTO THAT JUST TO ACHIEVE ECONOMIES OF SCALE FOR, FOR BEING OUT IN AN AREA WHERE THEY DON'T HAVE, YOU KNOW, A A ESSENTIALLY A LATENCY RING THAT'S BUILT UPON IT.
AND THEY MAY EVENTUALLY GET TO WHERE THEY BUILD OTHER SITES WITHIN 30 TO 40 MILES FROM THAT.
BUT THIS IS SORT OF STARTING ALONE AND IT'S IN ITS OWN SETTING OUT THERE.
AND THAT'S WHAT I WAS MENTIONING, WHERE GLAND COUNTY YOU ARE, YOU ARE WITHIN, WHAT IS IT FROM? IT'S PROBABLY WHAT, 30 MILES FROM, FROM WHITE OAK, UM, IN EASTERN AND RECO COUNTY, WHICH IS WELL WITHIN WHAT WOULD BE CONSIDERED A, A BASED UPON SORT OF THE SPEED OF LIFE THAT'S TRAVELING THROUGH FIBER.
UM, AND I'M NOT A, I'M NOT A, YOU KNOW, TECHNICAL YEAH, YEAH.
I MEAN ESSENTIALLY USUALLY IT'S A, LIKE A ONE TO THREE MILLISECOND LATENCY THAT MOST OF THE CLIENTELE REQUIRES, WHICH IS SOMEWHERE WITHIN 40 TO 54 MILES FROM ONE SITE TO THE OTHER MEET THAT BEING ABLE TO PING DATA BACK AND FORTH THROUGH, FROM EACH SITE WITHIN THAT SPEED OF TIME MEETS THE CLIENT'S REQUIREMENT.
SO, SO WITH A WHITE OAK, YOU COULD, YOU COULD ENVISION WHERE THE END USERS THAT ARE THERE AND THE DEVELOPERS THAT ARE THERE WOULD HAVE AN APPETITE TO GO OUTSIDE OF THAT, WITHIN THAT SAME RING FOR THOSE CLIENTS AS THOSE CLIENTS' NEEDS INCREASE.
SO WITH GOLAND COUNTY BEING WITHIN, WITHIN THAT RADIUS, YOU COULD SEE THAT BEING A CO-LOCATED CENTER FOR ANOTHER USE.
AND IT WOULDN'T NECESSARILY HAVE TO BE ITS OWN STANDALONE AI GENERATIVE LEARNING CENTER.
OUR SITES THAT ARE IN SOUTHERN VIRGINIA, WHICH ARE AN HOUR PLUS AWAY FROM RICHMOND, REALLY NEED TO BE A GENERATIVE LEARNING CENTER.
SO THERE, THERE'S OTHER, THERE'S DIFFERENT OPPORTUNITIES FOR DENSITY AND SCALE FOR THAT SORT OF DEVELOPMENT HERE, JUST BECAUSE OF ITS PROXIMITY TO OTHER SITES THAT ARE HERE.
AND JUST THE FIBER NETWORK AND, AND THE, THE POPULATION, QUITE HONESTLY, YOU KNOW, AS A, AS A CO-LOCATED CENTER, UM, YOU KNOW, AS AN EDGE, THEY, THEY'RE EDGE DATA CENTERS THAT ARE HERE, THAT ARE SMALL MEGAWATT CAPACITY, THAT ARE REALLY JUST SORT OF ARE THERE TO SERVE THE, THE, THE RADIUS OF POPULATION FOR STREAMING VIDEO SERVICES.
AND, AND WE, WE VISITED A DATA CENTER, UM, LOCAL DATA CENTER, NOT, NOT IN NEUTRAL, OBVIOUSLY SOMEWHERE IN THE RICHMOND METRO AREA THAT WE WERE WALKING THROUGH AND WE WERE LOOKING AT AND SO ON NETFLIX.
AND, AND THE OPERATOR SAID, OH YEAH, THAT'S WHERE ALL ANYBODY THAT THE RICHMOND METRO BASICALLY THAT IS LOOKING AT NETFLIX, IT'S RUNNING THROUGH THIS SERVER.
AND THAT'S WHAT KEEPS, KEEPS IT, YEAH.
UM, SO THERE, THERE'S VARIOUS DIFFERENT REQUIREMENTS, UM, THAT, THAT SOME OF THESE SITES COULD FIT INTO, BUT AT THE END OF THE DAY, THEY ALL HAVE THE SAME NEED FOR BEING ABLE TO TAP INTO DIRECTLY INTO A TRANSMISSION SYSTEM THAT'S EXISTING RIGHT NOW.
AND ARE WE TALKING 500 KV, TWO 30 KB OR LOWER
[00:30:01]
OR ABOVE OR I WOULD SAY ABOVE.SO THE SWEET SPOT IS TWO 30, UM, OR MULTIPLE ONE 30 EIGHTS OR ONE FIFTEENS ON SITE.
DUAL ONE FIFTEENS FOR REDUNDANCY.
SO THEY, UM, DEVELOPERS, I GUESS THEY WOULD NEED A SPECIAL SET OF CIRCUMSTANCES OR PERMISSION TO COME THROUGH PJ M THE COST AND THE APPROVAL IS JUST VERY PROHIBITIVE.
AGAIN, NOT AS, NOT AN AS WELL, UH, IT'S REALLY MORE ABOUT COST APPROVAL, I THINK, BECAUSE THOSE LONG HAUL LINES, THE 500 KBS ARE, ARE MOVING LARGE AMOUNTS OF ELECTRICITY TO DIFFERENT PARTS OF THE STATE OR EVEN DIFFERENT PARTS OF THE COUNTRY.
SO THEY'RE, IT, IT IS SORT OF LIKE, WHERE DO YOU CREATE AN EXIT EXIT OFF OF 64? YOU'RE NOT GONNA DO IT EVERY QUARTER MILE.
YOU'RE GONNA DO IT MAYBE EVERY COUPLE OF MILES.
UM, AND IT'S KIND OF HOW THOSE DECISIONS ARE MADE.
UM, ONE, ONE OTHER THING ABOUT SORT OF SITE, UH, THINGS TO THINK ABOUT WITH SITES AND, AND WEA TOD MODEL, AND THEN ALSO GREENSVILLE, UH, ADOPTED THIS AS WELL.
HEIGHT, HEIGHT RESTRICTIONS COME INTO PLAY.
AND SO, UM, 80 FEET IS, IS IS THE SORT OF WHAT WAS IS THE NUMBER THAT, THAT LOUISA ADOPTED AS WELL AS GREENSVILLE? UM, THAT WILL GET YOU TWO STORIES.
SO YOU THINK ABOUT A NORMAL, YOU KNOW, RESIDENTIAL OR COMMERCIAL BUILDING, YOU KNOW, WHERE YOUR HEIGHT IS, WHAT, 10 FEET, 12 FEET, 80 FEET IS TWO STORIES.
THE, THE INDUS THE INDUSTRIAL EQUATION, WHAT A, A STORY IS, IS DIFFERENT AS FAR AS THE DATA ROOM AND ALL THE CLEARANCE REQUIRED INSIDE.
UM, BUT YOU KNOW, THERE'S REALLY PROBABLY NOT A NEED FOR ANYTHING IN EXCESS OF THAT HERE ANYWAY.
IT'S WHERE YOU SEE, UM, SITES THAT ARE LOOKING FOR HIGHER, UM, HEIGHT ALLOWANCES OR REALLY MORE URBAN AREAS WHERE THE LAND SITES ARE LIMITED TO WHERE THEY CAN BUILD ONE OR MAYBE TWO BUILDINGS AND THEY HAVE TO GO VERTICAL IN ORDER TO ACHIEVE THE, THE AMOUNT OF STORAGE CAPACITY THAT THEY NEED TO CREATE.
BUT THAT IS AN EXPONENTIAL COST INCREASE TO, TO BUILD HEIGHT WISE FOR THEM APPARENTLY INSIDE SPACE.
FROM A COUNTY POLITICAL PERSPECTIVE, WHAT'S THE BEST MODEL THAT IS ALREADY HAVE, WELL, I GUESS ALREADY HAVE SOME LAND FOR IT AND THE INFRASTRUCTURE, ELECTRICAL INFRASTRUCTURE, BUT I, I GUESS I'M TRYING TO GET TO A TWO INCH QUESTION.
ONE IS WHERE ARE WE AT? HOW FAR BEHIND ARE WE IN THE FUTURE AS FAR AS WE KNOW? I MEAN, OBVIOUSLY NVIDIA'S COMING OUT WITH A NEW CHIP NOW EVERY YEAR.
WHAT, WHAT'S YOUR VISION OF WHERE WE'RE AT THAT WE DON'T HAVE ANY ZONING ALREADY ESTABLISHED? WE DO HAVE SOME POWER LINES, BUT THE POWER LINES ARE PROBABLY X NUMBER OF MILES AWAY.
WELL, THAT'S ALL IN OUR DISCUSSION.
I GUESS SOME IN TERMS OF LOCATION, RIGHT? BUT BECAUSE WE, WE HAD THE TWO 30, IF I WERE YOU GUYS, IF I, YOU KNOW, IF WE HAD A MAGIC WAND, ESSENTIALLY YOU IDENTIFY THE TRANSMISSION, IDENTIFY THE FIBER, AND THEN CREATE A TOD AND SAY, HERE ARE OUR SITES, AND YOU'LL GET A PROSPECT.
I MEAN, YOU'LL HAVE OFFERS YEAH.
IT, IT WAVE IS BREAKING RIGHT NOW.
UM, CAVEAT THAT THE, THAT THE, THERE IS A POSITIVE POWER POWER STUDY ON, ON THE TRANSITION SYSTEM THAT'S IN PLACE.
AND YOU, WE, WHAT WE HAVE HAD IS DOMINION AND, AND WELL USE THE EXAMPLE OF MECKLENBURG ELECTRIC COOPERATIVE OPERATES IN SOUTH SIDE VIRGINIA.
THEY'LL TELL YOU OVER THE PHONE WHAT THE APPROXIMATE CAPACITY IS, RIGHT? SO WE'VE, WE'VE HAD THAT NUMBER TOLD TO US, THEY WILL NOT PUT IT IN WRITING.
SO WITH LIN HAS ENOUGH CONTEXT WITH DOMINION ENERGY, YOU'D BE ABLE TO GET AN ANSWER, RIGHT? RIGHT.
AND THEY'D BE ABLE TO GIVE YOU SORT OF LIKE, HEY, YOU KNOW, WE THINK WE CAN GET X YOU CAN, YOU CAN GET A VERY GENERAL IDEA ABOUT EVERY STRETCH OF TRANSMISSION THAT RUNS THROUGH UCHIN COUNTY ON, ON A VERBAL OF WHAT IS POTENTIALLY AVAILABLE IN THE AREAS OF THE COUNTY THAT PROBABLY HAVE THE MOST OPEN CAPACITY.
UM, WHAT YOU CAN'T GET IS, IS YOU KNOW, WHAT, WHAT THEY WILL REQUIRE TO GET THE TRUE NUMBER AND THEN WHAT THAT COST AS FAR AS WHAT THEY'RE WILLING TO PROVIDE TO THE DEVELOPER, THEY NEED THE LOAD RAMP SCHEDULE FOR THE DEVELOPER.
SO THAT WOULD MEAN THE DEVELOPER SAYS, I I, I'M LOOKING FOR A HUNDRED MEGAWATTS BY YEAR ONE.
I NEED 300 MEGAWATTS BY THE END OF YEAR THREE AND UP TO 500 IN THESE PHASE STAGES OVER THE COURSE OF, SAY, 10 YEARS.
AND THEN WHAT DOMINION WOULD DO IS SAY, ALL RIGHT, THEY'LL, THEY'LL DO THEIR STUDY AND SAY WHERE THEY, WHAT THEY CAN PROVIDE UPON UPON THAT TIMELINE, WHAT NEEDS TO SHIFT IN PLACE AND WHAT THEIR RATE TO BUY INTO THAT WILL BE.
[00:35:01]
AND TYPICALLY WHAT THEY DO TO THE DEVELOPER AT THAT POINT IS WHEN IT'S, IT'S A VERY COSTLY STUDY NOW.IT'S, YOU KNOW, A HALF A MILLION DOLLARS IN SOME INSTANCES IT'S MORE, AND I'VE HEARD IN NORTHERN VIRGINIA NOW AND IN FAIRFAX AND LOUDOUN COUNTY JUST TO APPLY FOR THE STUDY IS A MILLION DOLLARS OUT OF POCKET FOR THE DEVELOPER.
SORRY, THERE'S NO POWER AVAILABLE FOR YOU.
UM, BUT, BUT YOU CAN GET A PRETTY GOOD UNDERSTANDING OF WHAT RIGHT NOW OPEN CAPACITY IS, UM, JUST BY HAVING A COUPLE OF DISCUSSIONS WITH THE RIGHT PEOPLE.
AND THAT OPEN CAPACITY IS REALLY DETERMINED BY THE AMOUNT OF LOAD THAT'S ON A CRITICAL LINE.
BUT THAT'S, THAT'S A CURRENT SNAPSHOT OF WHAT'S THERE CURRENTLY.
IT'S NOT TAKING INTO CONSIDERATION ALL OF THAT.
THAT'S WHY THE STUDY TAKES SO LONG TO GET BACK BECAUSE IT'S TAKING ALL THE FUTURE REQUESTS, YOU KNOW, THE PEAKING DEMAND REQUESTS THAT ARE GOING IN TO FIGURE OUT IN THAT SET, IN THAT GENERAL AREA OF TRANSMISSION GRID, WHAT CAN BE AVAILABLE IN THAT 10 YEAR PERIOD BASED UPON WHAT THE REQUIREMENT IS, WHAT ASSETS, WHAT GENERATION ASSETS ARE COMING ONTO THE GRID, WHAT GENERATION YEAH.
UM, AND ABOUT TRANSMISSION ASSETS, WHO THEY DECLINE IT AS WELL TO SKETCH THAT OUT.
FOR NEW PROJECTS THAT ARE BEING PUT IN.
YEAH, CERTAINLY THAT ALL, THAT'S PART OF THE TOTAL EQUATION.
IF YEAH, IF, IF IF DOMINION'S BUILDING A NEW TRANSMISSION LINE, UM, 'CAUSE FROM A PUBLIC ENTITY STANDPOINT, THAT'S THE BIG REVEAL.
YOU KNOW, WHERE THE LINES GONNA BE, HOW ARE THEY GOING TO APPEAR? THAT'S THE, THAT'S SOMETHING, SO JUST TO BE SPECIFIC, THE DATA DATA CENTER INDUSTRY IS NOT WAITING FOR LINES TO BE BUILT.
THEY'RE ALREADY GOING WHERE THE INFRASTRUCTURE IS.
THAT'S, THAT'S, AND SO THAT'S, THAT'S, AND, AND THE, TO, TO BUILD TRANSMISSION LINES AND TO GET THE CORRIDORS, AS WE ALL KNOW, LIKE EVEN MUTUAL, NO EXCEPTION, IT'S, IT'S NOT MY BACKYARD, YOU KNOW, DON'T DO IT HERE.
RIGHT? SO THEY'RE, THEY'RE HAVING TO USE THE EXISTING CORRIDORS, UM, TO, TO PUT THESE PROJECTS.
SO PRACTICALLY WE SHOULDN'T EVEN BE CONSIDER, WE SHOULDN'T BE CONSIDERING ANYWHERE.
IT'S TRANSMISSION DIFFICULTIES.
THAT'S WHERE YOU GO FROM, FROM A FUTURE STANDPOINT, FROM FROM, YOU KNOW, THE LONG TERM STANDPOINT, BRINGING THAT A, A NEW POWER SOURCE OF A TWO 30 OR, YOU KNOW, A MULTIPLE TRANSMISSION SYSTEMS TO AREAS THAT ARE IN PART OF A, A HIGHER DENSITY DEVELOPMENT PLAN FOR THE COUNTY.
IT CERTAINLY IS, IS IS A GOOD IDEA TO MEET THE FUTURE DEMAND, WHATEVER THAT MAY BE.
YOU'RE JUST TALKING ABOUT A DIFFERENT TIMELINE FOR SECURING DEALS FOR, FOR THIS PARTICULAR INDUSTRY REQUIREMENT RIGHT NOW, IT'S ALL ABOUT WHAT'S THERE RIGHT NOW.
I MEAN, EVEN IF YOU, IF YOU HAD A PROJECT APPROVED WITH DOMINION FOR AN EXTENSION OF THE TWO 30 KV LINE FOR, FOR THE COUNTY SOMEWHERE BY THE TIME IT'S DELIVERED AND YOU CAN ACTUALLY PUT A SUB IN PLACE AND HAVE THAT BUILT AND HAVE THAT A DISTRIBUTION SYSTEM FROM THAT SUB TO, ITS, IT'S, IT'S A SEVEN TO 10 YEAR PROJECT.
AND THIS INDUSTRY IS MOVING SO FAST THAT SEVEN TO 10 YEARS FROM NOW, THERE MAY, THE TECHNOLOGY WILL BE VASTLY DIFFERENT.
I MEAN, WE, IT ALL MAY BE SMALL MODULAR REACTORS THAT ARE POWERED THE SAME.
AND ONCE THE ONSITE GENERATION TAKES OFF, THEN THE TRANSMISSION GRID WILL SLOWLY BE, BECOME IRRELEVANT.
'CAUSE YOU'RE GONNA BE, YOU'RE GONNA HAVE PLACES THAT ARE ACTUALLY GENERATING ELECTRICITY, RIGHT? WITH THE SMRS OR, OR GAS.
UM, SO NATURAL GAS, HOW MUCH LAND IS REQUIRED WITH AFRICA? SO WE COULD GIVE YOU ON SOUTH OF SI GUESS IT'S, IT DEPENDS ON THE DEVELOPER'S REQUIREMENT.
WE, WE'VE GOT A SITE IN, IN SOUTH HAMPTON THAT'S ABOUT 700 ACRES.
OUR GREENSVILLE SITE IS, IS, UH, CLOSER TO, TO 900.
UM, BUT IT, IT DOES, IT, IT DEPENDS ON, YOU KNOW, ANYTHING ALL THE WAY DOWN TO A HUNDRED ACRES I THINK WOULD PROBABLY BE YOUR MINIMUM.
UM, FOR, FOR ONE OF THESE LARGER HIGHER SCALE, UH, ARMY CENTERS, I WOULD SAY IN, IN GOLAND COUNTY, UM, YOU KNOW, UH, A HUNDRED TO 200 ACRES, UM, WOULD BE VERY WELL RECEIVED, UM, FOR A DEVELOPMENT PROJECT.
YOU DON'T NEED 800 PLUS ACRES.
SOME OF, SOME OF THESE OTHER SITES, UM, THAT ARE LARGER ARE NOW LOOKING, YOU KNOW, THERE'S, THERE'S DEVELOPERS THAT ARE KICKING TIRES ON CREATING A, A CO-LOCATED RENEWABLES PIECE TO THE PROJECT.
SO THEY WOULD ONLY DEVELOP TWO OR 300 ACRES OF DATA CENTER LAND.
AND THEN, YOU KNOW, THE FOUR OR 500 REMAINING ACRES MIGHT BE SOLAR THAT WOULD BE BACKED UP BEHIND THE METER GENERATION TO TAKE, YOU KNOW, IF IT'S AT 500 MEGAWATT PROJECT, IF THEY CAN GENERATE A HUNDRED MEGAWATTS OF SOLAR POWER THAT'S POWERING THAT DATA CENTER THAT TAKES A HUNDRED MEGAWATTS OF, OF POWER OFF, OFF OF THE GRID, THAT CERTAINLY HELPS IT, IT, YOU KNOW, PUTS LESS PRESSURE ON THE
[00:40:01]
GRID.UM, BUT YOU KNOW, IT'S, THE DEVELOPERS ARE MOVING SO FAST TO TO JUST TO, TO, TO MEET THE END USER'S REQUIREMENT THAT THAT'S SORT OF A NICE TO HAVE.
IF THEY CAN CREATE A RENEWABLE SOURCE, THAT'S GREAT, BUT THEY'RE GONNA MEET THE REQUIREMENT FOR JUST THE POWER AND, AND THE, YOU KNOW, THE DEVELOPMENT OF THE, THE DATA CENTER PROJECTS FIRST WITH THE EXISTING GRID THAT THEY HAVE IN PLACE.
AND REALLY IT'S, IT'S A, RIGHT NOW IS THE IRON IS AS HOT AS IT'S GONNA GET.
UM, ONE WE HEAR FROM NORTHERN VIRGINIA RESIDENTS, A LOT OF PUSHBACK ON DATA CENTERS.
CAN YOU SPEAK TO THE REAL IMPACT ON RESIDENTS, UM, OF DATA CENTERS? LIKE THE REAL FACTUAL, NOT WHAT ALL THE NOISES THAT, WHAT CAN RESIDENTS ACTUALLY EXPECT? WELL, NOT A LOT OF TRAFFIC.
IT'S A REALLY GOOD NEIGHBOR CONSTRUCTION PHASE.
YOU KNOW, YOU MIGHT HAVE MORE TRAFFIC, BUT, UM, THEY'RE, THEY'RE PRETTY GOOD NEIGHBORS FOR THE TRADE OFF OF THE TAX REVENUE.
UM, THE, THE JOBS THAT'S ACTUALLY BEEN A FACTOR FOR SOME, SOME REGIONS THEY, THEY ACTUALLY LOVE THE TAX REVENUE, BUT THERE AREN'T AS MANY JOBS ASSOCIATED WITH THAT CENTERS.
UM, THE JOBS THAT ARE CREATED ARE, UM, HIGH NET, YOU KNOW, GENERALLY HIGH IN KU DOCS.
UM, UM, AND, UH, THERE'S SIGNIFICANT, YOU KNOW, AS THE PHASE DEVELOPMENT TAKES PLACE WITH EACH PHASE OF BUILDING, YOU KNOW, 200,000 SQUARE FOOT BUILDING AND, AND THE SITE WORK THAT GOES IN THE CONTRACTUAL WORK, UM, THERE ARE, UM, YOU KNOW, HUNDREDS OF JOBS THAT ARE CREATED OVER THAT 10 YEAR PERIOD.
AND THERE'S SUBSIDIARY JOBS AND, AND ACTUALLY, UM, YOU'RE FAMILIAR WITH MAG ECONOMICS, THE CONSULTING GROUP.
UM, THEY'VE DONE EXTENSIVE REPORTING ON THE ECONOMIC IMPACT AND THE POSITIVE ECONOMIC IMPACT ON, ON JUST THE TAX REVENUE, BUT ALSO THE SUBSIDIARY ECONOMIC DRIVERS THAT THESE PROJECTS CREATE, YOU KNOW, FOR EVERY DATA CENTER JOBS CREATING THREE AND A HALF SUBSIDIARY JOBS ELSEWHERE WITHIN, YOU KNOW, A THREE MILE RACE OR SOMETHING TO THAT EFFECT.
THERE'S, WE'VE TALKED TO, UH, RECO COUNTY, EDA, AND YOU MIGHT HAVE MENTIONED THIS, UM, BUT THEY, THEY WOULD, YOU KNOW, QTS WOULD LOVE TO GIVE TOURS TO REALLY ANY LOCALITY.
UM, THEY, THEY MADE THE OFFER TO GREENSVILLE COUNTY.
THEY WERE NOT, YOU KNOW, SURE.
UM, EXTEND THE OFFER TO YOU ALL, UH, BUT THAT, THAT WHITE END FACILITY IS VERY AGGRESSIVE.
ARE THERE ANY, UM, NOISE OR POLLUTION CONSIDERATIONS? THEY'RE BUFFERED PRETTY WELL, I THINK, AND THEN THAT COULD BE CONTROLLED BY THE COUNTY, THAT THAT'S WHAT SETBACKS IN.
YOU CAN PUT, YOU KNOW, TREES, YOU KNOW, A LOT OF TIMES, YOU KNOW, THESE SITES ARE, ARE, ARE ALREADY FARMED AND, AND THEY HAVE NATURAL BUFFERS.
SO YOU, YOU'VE GOT, I MEAN THE DATA CENTER INDUSTRIES, THERE'S A LOT OF SECURITY AROUND THESE FACILITIES.
SO YOU MIGHT JUST DRIVE BY IF IT'S WOODED, YOU KNOW, AREA, ALL YOU'RE GONNA SEE IS LIKE THE ENTRANCE THAT YOU CAN'T GET INTO.
AND THEN TREES, MORE TREES AND, AND MOST PEOPLE WILL NEVER REALLY SEE THE INSIDE THE SITE BECAUSE THEY DON'T HAVE THE CLEARANCE TO GET IN THERE.
UM, THERE'S CERTAINLY NOT ANY MORE, UM, LIGHT POLLUTION THAT BE, THAT WOULD BE EMANATED FROM A PROJECT LIKE THIS THAN THERE WOULD BE FOR ANY OTHER INDUSTRIAL PROJECT OR, YOU KNOW, MALL.
UM, CERTAINLY NOT MORE THAN ANYTHING THAT'S RETAIL, THAT HAS PARKING LOT LIGHTING AND ALL THAT, THAT IS CREATING ON THE SAME AMOUNT OF ACRE PER SE.
I MEAN, IT'S, IT'S LOWER IMPACT.
AND, AND THE NICE THING ABOUT IT IS, WHILE IT'S NOT CREATING, UM, YOU KNOW, THE JOBS PER SE FOR THE COUNTY, THE UPSIDE OF THAT IS IT'S CREATING SIGNIFICANTLY LESS TRAFFIC THAT'S GOING TO, AND FROM THE SITE, IT'S AN INDUSTRIAL DEVELOPMENT, BUT IT'S NOT FOR THE SAME AMOUNT OF DEVELOPMENT THAT YOU'RE SEEING UP AND DOWN NINE FIVE THAT'S LOGISTICS OR WAREHOUSING AND, AND HAS TRUCK TRAFFIC THAT'S COMING THROUGH WITH, YOU KNOW, 40 TRUCKS PER DAY GOING ON AND OFF FROM THESE AMAZON WAREHOUSING SITES.
THERE'S NONE OF THAT THAT TAKES PLACE.
I MEAN, IT'S, IT'S A, GENERALLY FOR THE SIZE OF IT, IT'S A SKELETAL CREW THAT RUNS THESE, UM, THE, THE, THE BUILDING OF, OF IT IS THAT ESSENTIALLY THE MACHINES ARE RUNNING AND THERE'S MULTIPLE REDUNDANCIES IN PLACE.
IT'S MAKING SURE THAT YOU'RE DOING QUALITY ASSURANCE CHECKS, THAT THOSE MULTIPLE REDUNDANCIES OF ALL MECHANICAL SYSTEMS ARE GOING SMOOTHLY AND TAKING, OR THERE IS NO ISSUE.
UM, THERE WILL BE DELIVERY OF PRODUCT, UM, FROM TIME TO TIME IF YOU'RE REPLACING SERVERS, IF YOU'RE REPLACING HVVC UNITS, BUT IT'S NOT NOWHERE NEAR THE, THE JUST THE TRAFFIC IMPACT, UM, THAT ANY OTHER SITE SAW IT, A DEVELOPMENT OF THAT SIZE, UM, WOULD, WOULD REQUIRE IT'S, IT'S REALLY LOW IMPACT ONCE THAT'S IN PLACE.
AND THEN LOOKING AT THE FAR, FAR FUTURE, HAVE THERE BEEN ANY
[00:45:01]
CASE STUDIES TO WHAT HAPPENS WHEN THEY ARE CLOSE? DO THEY, I MEAN, DO THEY LOOK, HAVE ANY CLOSE? IS IT LIKE A SOLAR FARM WHERE AFTER 30 YEARS YOU'RE LEFT WITH UNUSEFUL LAND? WHAT HAPPENS? SO THAT HASN'T, WE HAVEN'T GOTTEN THERE YET BECAUSE IT'S STILL GENERALLY A NEW TECHNOLOGY.WHAT IS HAPPENING IN NORTHERN VIRGINIA, UM, ALONG ROUTE 28 IN ASHBURN IS THE ORIGINAL, YOU KNOW, THE ORIGINAL DATA CENTERS THAT WERE BUILT BACK IN THE NINETIES FOR A OL.
AND, AND REALLY IT, IT WAS MORE OF A FEDERAL, IT WAS GOVERNMENT CONTRACTORS FULFILLING GOVERNMENT, YOU KNOW, REQUIREMENTS FOR STORAGE THAT, THAT THERE WAS CHEAPER LAND OUT BY DALLAS AIRPORT, UM, AND WAS CHEAPER THAN BEING IN THE DISTRICT OR ANYWHERE IN ARLINGTON AROUND THE PENTAGON, ANYWHERE NEAR THE STATE DEPARTMENT.
AND THEY SAID, HEY, WE NEED TO KEEP THIS SORT OF FURTHER AWAY FROM EVERYTHING ELSE IF THERE'S A BLAST OR SOMETHING.
SO IT CREATED DISTANCE BETWEEN, YOU KNOW, THE, THE PART OF THE FEDERAL GOVERNMENT WHERE ALL THE STORAGE STUFF WAS IS THEIR COMPUTER STORAGE STUFF WAS SAVED.
AND THAT'S SORT OF HOW IT STARTED.
BUT IT STARTED WITH ONE AND TWO MEGAWATT PROJECTS WHERE IT REALLY WAS, YOU KNOW, THE COMPUTER SERVING THE SERVER ROOMS THAT YOU WOULD HAVE IN A TYPICAL OFFICE BECAME, WELL, WE HAVE SO MUCH DATA THAT WE NEED AN ENTIRE ROOM THAT'S GONNA JUST STORE NOTHING BUT DATA.
AND THAT'S HOW THESE, THESE THESE STARTED, UM, THOSE FACILITIES THAT ARE THERE ARE NOW ANTIQUATED.
THE TECHNOLOGY IS SUCH THAT, I MEAN THAT'S LIKE CAVEMAN STYLE STUFF.
IT IS, IT IS NO LONGER RELEVANT TO ANYTHING THAT'S COMING OUT NOW.
ARE THEY AVAILABLE? YEAH, THEY STILL, THEY'RE STILL OPERATING.
THEY'RE STILL OPERATING FOR THEIR OWN REQUIREMENTS.
BUT, BUT, YOU KNOW, RETROFIT AND, I MEAN, UM, I MEAN IF YOU'RE TALKING ABOUT THE FUTURE, IF, IF FOR SOME REASON A DATA CENTER SITE IS NO LONGER WANTED OR USED BY A COMPANY, THEY COULD, THEY, THE COMPANY GOES OUT OF BUSINESS, THEY CAN SELL THE SITE, RIGHT? IT BECOMES A VIABLE INDUSTRIAL SITE FOR SOMEONE.
YOU'VE TRANSMISSION SYSTEM, YOU'VE GOT A SHELL, RIGHT? YOU'VE GOT A BUILDING.
SO IT BECOMES, IT BECOMES USABLE THERE AS, AS FOR A VARIETY DISTRIBUTION CENTERS OR, OR FACTOR.
IT COULD STILL BE A NEW, IT COULD BE JUST A, ESSENTIALLY A KNOCKDOWN FOR A RETRO OR IT'S HARD TO RETROFIT THESE, UM, THE, JUST THE, THE, THE, THE SPECS OF WHAT IS REQUIRED NOW.
UM, IT JUST DOESN'T FIT THE STEEL MODEL SIZE COMPONENTS, HVAC.
EVERYTHING REALLY IS, IS IS ANYTHING THAT'S OVER 10 YEARS OLD IS COMPLETELY OUTDATED.
IN FACT, SOME PROJECTS THAT ARE FIVE YEARS OLDER THAT ARE COMPLETELY OUTDATED OTHER THAN SERVING THE PURPOSE THAT THEY ORIGINALLY INTENDED TO SERVE, BUT THAT PURPOSE COULD STILL LAST FOR 10, 20 YEARS.
BUT THOSE SITES ARE STILL ON THE SAME TRANSMISSION SYSTEMS. SO THERE'S STILL THE VALUE FOR, FOR THAT USER TO SAY, YOU KNOW WHAT, I'M GONNA KNOCK THIS DOWN.
I'M GONNA BUILD A NEW RETROFITTED, OR EXCUSE ME, NOT RETROFITTED, BUT A NEW PROJECT BASED UPON THAT.
'CAUSE I'M STILL TYING THE SAME TRANSMISSION SYSTEM AND IT'S STILL IN THAT SAME CORE.
SO LOW RISK OF EMPTY, CRUMBLING, THE CRUMBLING BUILDINGS.
IT'S REALLY HARD TO SEE A WORLD IN WHICH 30 YEARS DOWN THE ROAD SUDDENLY THE WHOLE THING'S JUST USELESS.
I, I DON'T, I MEAN, MAYBE WE WOULD'VE PROBABLY HAD BIGGER PROBLEMS. YOU KNOW, I, I, YOU KNOW, I I THINK IT'S, IT'S, THERE IS, THERE IS RETROFITTING, THERE IS UPGRADING, THERE IS, UM, AND YOU'VE GOT A, YOU'VE GOT A PAD, YOU'VE GOTTA ULTIMATELY KNOCK IT DOWN.
NOW YOU HAVE A MANUFACTURING SITE, RIGHT? SO ONE OF THE THINGS YOU MENTIONED IS, UM, THE MUNICIPALITY, UH, ACCEPTANCE OF THIS, YOU KNOW, THAT'S BASED ON THE STAFF AND ELECTED OFFICIALS AND THE CITIZENS.
UM, SO WE, IN ORDER TO GET OURSELVES INFORMED TO THE EXTENT, TO THE POINT WHERE WE COULD MAKE A DECISION OR RECOMMENDATION AND WHATEVER, WHAT WE NEED TO DO, I MEAN, IT SEEMS, YOU KNOW, THE REVENUE, THE POWER, THE LAND, THE WATER, ALL THIS STUFF, WE NEED TO REALLY PUT THAT IN A, UH, SORT OF A SUMMARY TO EDUCATE OURSELVES.
SO WE HAVE NO SPECIFIC, WELL WITHIN REASON WHAT WE'RE LOOKING AT.
SO MAYBE WE CAN CONTACT OTHERS TO SEE WHAT THEY DID TO GET TO THE POINT WHERE THEY ACTUALLY HAVE ONE CONSTRUCTED.
SO UP AND RUNNING WE GOT, I WOULD, THERE ARE, UM, YOU KNOW, THE, THE, THE FIRM MAG ECONOMICS OF THE ONE ONE SPECIFIC CONSULT CONSULTING GROUP I MENTIONED.
OH, SO THAT'S THE, THE HALF MILLION DOLLAR NO.
TO DO A, TO DO A STUDY THAT'LL JUST KIND OF GIVE YOU WHAT THE ECONOMIC IMPACT WOULD BE FOR THAT SORT OF DEVELOPMENT.
THEY NO, THEY'RE ON THE ECONOMIC, OH YEAH.
[00:50:01]
WAS THE POWER STUDY, POWER STUDY.THAT'S NOT, THAT'S ACTUALLY NOT BY THE UTILITY.
AND THAT WOULDN'T BE SOMETHING THAT YOU WOULD LOOK TO DO.
UM, THAT, THAT IS, YOU KNOW, THAT STUDY IS BASED UPON A DEVELOPER THAT HAS A SPECIFIC REQUIREMENT BASED ON THE SITE AND WHAT THEIR SPECIFIC DEMAND IS GOING TO BE.
YOU CAN, YOU CAN GET A PRETTY GOOD INDICATION, UM, WITHOUT GOING DOWN THAT ROAD WITH THE STUDY, UM, WITH THE UTILITIES ON IF THERE IS OPEN POWER THAT'S AVAILABLE TO FULFILL SOME OF THESE DEVELOPERS REQUIREMENTS.
UM, AND IF THAT'S THE CASE, YOU KNOW, I THINK YOU LOOK AT THE OVERLAY DISTRICTS THAT HAVE BEEN PUT IN PLACE IN LOUISA, CAROLINE COUNTY HAS WHAT THEY CALL THE PIRT, UM, PLAN, INNOVATIVE TECHNOLOGY RESEARCH, UM, DISTRICT, UM, VERY SIMILAR.
AND IT BASICALLY CREATES USES IN THAT SPECIFIC AREA THAT, UM, THERE ARE SOME INCENTIVES THAT THEY, THEY CREATE TOO.
I'M NOT EXACTLY SURE WHAT THOSE INCENTIVES ARE WITHIN THAT DISTRICT.
IF IT'S A PROJECT THAT IS GOING THERE FOR THAT SPECIFIC USE REQUIREMENT.
UM, NOW I WOULD START WITH THOSE, THOSE TWO PIECES TO SEE WHAT THE ECONOMIC REVENUE IMPACT IS.
UM, THE ADDITIONAL JOBS THAT COULD BE CREATED BY, YOU KNOW, THEY, THE, THE SUBSIDIARY JOBS THAT ARE CREATED FROM A PROJECT SUCH AS THIS.
UM, I THINK WHEN YOU, IN INSTANCES WHERE YOU'VE SEEN LIKE AN INDIVIDUAL LANDOWNER, AN INDIVIDUAL COMPANY KIND OF GOING AT IT ALONE, THERE'S NOT AS MUCH MOMENTUM AS WHEN YOU HAVE THE, THE STRUCTURE OF THE POLITICAL STRUCTURE OF THE COUNTY BACKING YOU AND THERE IS WELCOMING IT AND EXACTLY REPELLING.
AND YOU'VE GOT A MOMENTUM THERE.
AND THIS IS PROBABLY FOR VERY SPECIFIC SITES.
AND, AND ONCE YOU'VE IDENTIFIED WHERE THOSE, WHERE THOSE SITES ARE TO HAVING THE POLITICAL WILL IN THE COUNTY TO TELL, YOU KNOW, PEOPLE ARE, NO MATTER WHERE IT IS, THEY'RE GONNA SAY, NOT IN MY BACKYARD.
RIGHT? YOU'RE GONNA HAVE TO TELL 'EM NO, BECAUSE THERE'S A GREATER NEED HERE AND WE, WE SHOULD THEORIZE OURSELVES WITH WHAT THE OBJECTIONS WOULD BE.
THERE'S A, THERE'S A, AND I THINK MINIMIZING THE, THE, IF THERE'S AN AREA THAT HAS MINIMAL BACKYARDS THAT, YOU KNOW, DOESN'T BECOME A, NOT MY BACKYARD AREA, THAT'S, THAT'S WHERE YOU WOULD WANT TO FOCUS ON THAT.
YOU DON'T HAVE THOSE IMMEDIATE NEIGHBORHOOD ISSUES THAT WOULD CREATE THAT PROBLEM.
AND I WILL UNDERSCORE THAT WHERE OUR CURRENT TRANSMISSION LINES ARE, ARE NOT IN OUR GROWTH AREAS.
SO THERE NEEDS TO BE THOUGHT GIVEN TO THAT.
AND, AND I AM CURRENTLY WORKING WITH JOSH MOLESKI WHO BASICALLY RODE LISA THE DOD, UM, TO, TO DO SOME ANALYSIS FOR
SO, BUT WITH THE EXCEPTION OF THE TWO 30 LINE THAT'S NORTH OF 64 THAT GOES THROUGH THE ASHTON ROAD QUARTER, EXCEPT THAT SUITE LITTLE SPOT RIGHT THERE, RIGHT NEXT TO A THREE QUARTERS, YES.
YEAH, I GUESS
I THINK IMMEDIATELY UPON, IF THERE IS A SITE THAT THE COUNTY CAN FIX, GUC NET IS, UM, WOULD WORK, UM, JUST TO DRAW QUICKLY BECOMES A HIGH DEMAND AREA.
AND I CAN SEE ALL THESE GROUPS THAT ARE OPERATING RIGHT NOW IN EASTERN AND RECO VERY QUICKLY JUMPING ON BOARD WITH WANTING TO TRY TO SECURE A SITE LIKE THAT.
IS THERE ANY HISTORY OF RETROFITTING AT THIS POINT? 'CAUSE OBVIOUSLY YOU RUN INTO A DEPRECIATION CYCLE ON YOUR INFRASTRUCTURE THAT'S INTERNAL, BUT YOU KNOW, BLACKWELL RIBBON, EVERYTHING THAT'S MIGRATING NOW, IS THERE ANY HISTORY, AT LEAST RIGHT NOW OF HOW THAT CHANGES THE DEPRECIATION, EXCUSE ME, REVENUE CYCLE BASED ON THE FACT THAT DEPRECIATION WOULD START OVER? WOULD I WOULD ASSUME WITH THE NEW INSTALL OR IS THERE ENOUGH HISTORY YET? I I'M SURE THERE'S, THERE'S, THERE'S HISTORY ON SOME OF THE OLDER CENTERS.
UM, I DON'T, I DON'T HAVE ANY DETAIL ON WHAT THAT LOOKS LIKE.
I HAVEN'T SEEN ANY, THE MVTC REPORTS IN SO FAR, I HAVEN'T SEEN ANYTHING AT ALL.
SO I, I'M JUST CURIOUS IF THERE'S ANYTHING OUT THERE WE HAVEN'T DELVED INTO SORT OF WORKING ON OLDER SITES.
IT'S REALLY ABOUT, YOU KNOW, THERE'S SUCH A DEMAND RIGHT NOW AND SUCH A CAPITAL OUTLAY WITH, YOU KNOW, FOR DEVELOPMENT OF NEW SITES, THAT THAT'S REALLY BEEN WHAT'S FOCUSED ON THE ONLY PLACES THAT ARE SEEING, LIKE RE YOU'VE TAKEN OFFICE BUILDING THAT'S SORT OF EMPTY
[00:55:01]
SINCE COVID AND YOU TURN IT INTO A, A DATA CENTER.YOU'RE SEEING THAT IN LIKE TIER ONE MARKETS.
SO LIKE SAN FRANCISCO, YEAH, NEW YORK.
IT'S, IT'S REALLY WHAT IT IS MORE ABOUT IT IS, IS, AND THOSE ARE USUALLY MORE CO-LOCATED SPECIFIC BECAUSE THEY NEED TO BE IN A SPECIFIC PROXIMITY TO THE EXISTING CUSTOMER BASE TO YOUR, LIKE, TO YOUR ROLE.
BUT, BUT YOU'RE BASICALLY CREATING, YOU'RE, YOU'RE, IF YOU CAN SECURE AN OFFICE BUILDING THAT'S UNDERUTILIZED YOU, YOU'RE ESSENTIALLY KNOCKING THE BUILDING ITSELF DOWN AND CREATING NEW ON SITE.
AND ACTUALLY I'M THINKING OF INTERNAL INFRASTRUCTURE OF, OF THE CHIP ARCHITECTURES.
I MEAN IT JUST, THE BUILDING ENVELOPE ITSELF, IT HAS TO BE THICKER.
YOU KNOW, THERE'S ALL, ALL THE SPECIFIC BUILDING SYSTEMS JUST, JUST FROM THE, THE VERY BASICS ARE, IT'S A TOTALLY DIFFERENT ANIMAL.
SO, UM, A LOT IN, IN A LOT OF SENSE JUST THE COST OF RETROFIT IS IN EXCESS OF THE COST TO JUST KNOCK DOWN, SCRAPE AND START FRESH.
AND IT'S, IT'S SORT OF A DILEMMA THAT THE OFFICE, YOU KNOW, YOU'RE SEEING A LOT IN OLDER OFFICE BUILDINGS AND TRYING TO RETROFIT TO CREATE, YOU KNOW, RESIDENTIAL, UM, RETROFITS FROM OFFICE BUILDINGS THAT HAVE 30,000 SQUARE FOOT FLOOR PLATES THAT YOU CAN'T CREATE JUST, YOU KNOW, LIVABLE SPACE.
'CAUSE YOU GOT A HUNDRED FEET OF, OF DISTANCE TO THE WINDOW.
HOW DO YOU CREATE A PARKING LOT? IT'S NOT SELLABLE TO THE PUBLIC.
THAT'S WHAT A LOT OF THIS COUNTRY IS WITH ALUMNI N PIECE.
SO RETROFITTING EXISTING PRODUCT THAT'S SPECIFICALLY BUILT FOR THAT PRODUCT, REALLY EXPENSIVE.
UM, YOU MENTIONED QTS, THE OPPORTUNITY, UH, IS THAT SOMETHING WE CAN SET UP IN THE NEAR TERM? I CAN REACH OUT TO HIM RIGHT HERE.
WE'VE HAD THAT DISCUSS, WE'VE HAD THAT DISCUSSION, UM, WITH ANTHONY, UM, ABOUT THE GREENSVILLE COUNTY, UM, BOARD COMING UP AND TAKING TOO, BUT WE'RE WE'RE ALREADY, WE, WE DIDN'T EVEN NEED IT 'CAUSE WE'VE GOT THE TO IN PLACE NOW, SO, AND THEN THEY NICK BLESSING AND S MM-HMM.
I WAS ON A ZOOM OR A WEBINAR WHERE HE WAS ON IT, SO YEAH, HE'S ORIGINALLY FROM FARMVILLE.
SIDNEY BOY, I'M AFRAID WE ALL HAVE OUR CROSSES THE BEER.
ASSUME YOU WITH RANDALL, MEGAN BRIDGEWATER.
YEAH, WE DON'T REALLY PICK UP THEM THAT WAY.
I MEAN, THAT'S WHY I ASKED THAT.
UH, ANY OTHER LAST QUESTIONS? WE'VE KIND OF BEEN PICKING THEIR BRAIN FOR ABOUT AN HOUR NOW.
IT, IT'S A, THERE'S A LOT TO TALK ABOUT WHEN YOU GET'S A LOT THERE.
I, I'LL LET THESE QUESTIONS GO FIRST.
GOT DOWN, YOU SAID YOU WORK WITH COUNTIES AND YOU DO IT OUT OF JUST GOODNESS, YOUR HEART NOT COMPENSATED ENVIRONMENT.
IS THAT CORRECT? OUR COMPENSATION IS COMING FROM A DEAL THAT'S COMPLETED WITH THE DEVELOPER AND THE LANDOWNER.
SO IT'S ALWAYS IN OUR BEST INTEREST TO MAKE SURE THAT IN ORDER TO GET THAT DEAL COMPLETED, THAT WE MAKE SURE THAT ALL THE, ALL THE T'S ARE CROSSED AND I'S, ARE DOTTED WITH THE COUNTY TO MAKE SURE THAT THE PROJECT CAN MOVE FORWARD BECAUSE IT'S NOT WORTH ANYBODY'S TIME AND EFFORT TO GET UNDER CONTRACT, SPEND THE TIME AND FIGURE OUT THAT WE CAN'T GET THIS DONE WITH THE COUNTY.
'CAUSE WE DON'T HAVE A GOOD RELATIONSHIP.
SO DID ANYBODY ELSE UNDERSTAND WHAT HE SAID? MM-HMM,
WE'RE INCENTIVIZED TO, UH, CLOSE IT DOWN BY OURSELVES.
BUT I'VE ALSO, YOU GET WHAT YOU PAY FOR AND, AND THERE ARE TIMES, AND I DON'T KNOW THE WHOLE REALTOR INDUSTRY IS A FLUTTER WITH DIFFERENT CHANGES.
DO YOU EVER HAVE A MUNICIPAL, WHAT THEY CALL 'EM, BUYER AGENTS OR SELLER AGENTS OR, OR COUNTY AGENT? ALL THAT I'VE HEARD IS THE DEPTH OF KNOWLEDGE THAT COMES FROM TOUCHING A HOT STOVE AND SAYING, OKAY, WE DON'T WANT DO THAT AGAIN.
OR, THIS HAS WORKED OUT REALLY WELL.
UH, WE HAVE A SINCERE INTEREST IN EXPANDING, AS YOU'VE HEARD ME SAY, OUR COMMERCIAL TAX BASE IS ONE OF THE TOP PRIORITIES FOR THE CURRENT BOARD OF SUPERVISORS AND, AND THIS EB.
SO THERE'S SOMETIMES A BENEFIT FOR SAYING, HEY GUYS, IF YOU'RE WILLING TO COME HERE, DAD, DUMB FOR FREE.
BUT WE REALLY DO WANT HAVE A RELATIONSHIP WHERE IT, IT, WE'RE NOT JUST LOO KICKING THE TIRES, BUT THAT WE
[01:00:01]
UNDERSTAND THAT THERE IS SOME OPPORTUNITY TO TAP INTO SOME VERY VALUABLE EXPERIENCES THAT YOU HAVE.'CAUSE OUR GOAL IS TO GET ACROSS THE FINISH LINE.
AND, AND WE DON'T WANNA DO A REDDIT FIRE AIM.
AND A LOT OF WHAT YOU'VE SAID IS, YOU KNOW, DON'T DO THAT.
UH, BUT THERE ARE SOME OTHER NUANCES HERE THAT YOU DON'T KNOW ABOUT BECAUSE YOU HAVEN'T SAT THROUGH SOME OF OUR REZONING HEARINGS.
YOU HAVEN'T HEARD SOME OF THE DECADES LONG PHILOSOPHY OF GROWTH IN THESE AREAS.
AND IF WE ON ALMOST A KNEE JERK BASIS FOR SAY, OH, YOU KNOW, THAT'S BEEN GREAT FOR THE LAST 20 YEARS, BUT TODAY WE'RE NOT GONNA START GROWING IN THIS AREA THAT FOR DECADES.
AND THAT'S WHERE THE POLITICAL, I DON'T WANNA CALL IT THE WILL, BUT WE ARE ELECTED REPRESENTATIVES SURE.
AND, AND IF THEY SAY, YOU KNOW, WE MAY NOT PUT A DATA CENTER SOMEPLACE BECAUSE THAT'S REALLY WHAT, NOT THE PEOPLE WHO ARE THE COUNTY.
AND, AND, AND I, I HAVE A COST BENEFIT STREAK IN ME THAT SAYS, YEAH, BUT THIS MAKES PERFECT SENSE.
BUT IT'S NOT WHAT PEOPLE WANT.
SOME PEOPLE SAY ELECTRIC VEHICLES MAKE A LOT OF SENSE, BUT IT'S NOT WHAT I WANT, SO I'M NOT GONNA BUY ONE AND I DON'T WANNA BE FORCED TO BUY ONE.
ONE, I COULD SEE A LOT OF BENEFIT WORKING WITH SOME FOLKS THAT YOU'VE GOT BETTER BANDWIDTH THOUGH.
AND SO IF YOU'RE SPENDING TIME HERE, YOU'RE NOT IN BURG AND NOT DOWN IN SOUTH VIRGINIA OR SOUTHERN VIRGINIA.
BUT YEAH, WE'RE, WE ARE IN A, WE'RE ASKING A LOT OF PEOPLE TO THE PROM, I GUESS.
BUT WE'RE NOT, YOU KNOW, THAT'S NOT WHAT WE'RE DOING.
WE'RE TRYING TO INVITE A LOT OF PEOPLE TO A RECEPTION AND, AND WE'D LIKE TO HAVE A LOT OF FOLKS PARTICIPATE, BUT WE ALSO WANT TO MAKE SURE IT'S, IT'S A WIN, WIN WIN RIGHT.
WIN FOR US AND FOR THE INDUSTRY.
AND MOST IMPORTANTLY, IT WIN FOR THAT COUNTY.
SO, SARAH'S CRACKER JACK, I MEAN, IF YOU'RE IN TOUCH WITH HER, YOU CAN'T DO BETTER THAN THAT.
UH, 'CAUSE 'CAUSE SHE'S REALLY GOOD AND, UH, SHE'S FOUND YOU ALL SOMEHOW, I DON'T KNOW
THE MODEL WORKING CLOSELY WITH THE ECONOMIC DEVELOPMENT OFFICE IS THE MODEL.
I MEAN, THAT'S JUST TO HAVE THAT COOPERATION.
UM, YOU KNOW, THAT'S, YOU KNOW, THE COUNTIES THAT GET IT ARE, ARE THE ONE IN THAT ARE GETTING PROJECTS ARE THE ONES THAT, WHERE EVERYBODY'S KIND OF SEEING FROM THE SAME SHEET MUSIC.
UM, BUT THERE, THERE WILL BE SOME CURIOSITY.
THERE'S SOME CAVERS AND INDIES, YOU KNOW, CAVERS, CITIZENS,
SO WE, UH, DEFINITELY EXPECT THAT.
UM, BUT THERE'S A LOT OF, THIS LAND IS RIGHT NEXT TO THE INTERSTATE.
IT'S LIKE, WELL, OKAY, WE'RE GONNA BUILD ANY RESIDENTIAL THERE AND RIGHT.
BUT WE, WE KNOW THAT YOU REALLY DIDN'T WANNA BE ANYWHERE ELSE BACK HERE TONIGHT, SO
HAVE YOU LOOKED AT GLAND AT ALL? JUST ON CURSORY VIEW? YEAH.
ANY QUICK THOUGHTS? UM, YEAH, I MEAN THAT, THAT'S, UM, THE REASON WE'RE HEARING THAT I HAD THE CONVERSATION WITH SARAH IN THE FIRST PLACE IS 'CAUSE I WAS LOOKING AT GOLAND FOR, UM, SITES THAT SORT OF FIT THE SAME MODEL WITH THE LANDOWNERS THAT WE'VE BEEN WORKING WITH THROUGHOUT THE REST OF THE STATE.
UM, YOU KNOW, AND IT'S NOT JUST DOWN IN, UM, SOUTH HAMPTON AND GREENSVILLE.
WE ALSO, WE ARE REPRESENTING RIGHT NOW IN SOUTH HAMPTON, OR EXCUSE SPOTSYLVANIA, UH, SITE THERE IN HANOVER.
SMALLER SITES, PROBABLY NOT FOR THIS SCALE DATA CENTER DEVELOPMENT, BUT THEY'RE ALL ALSO ON TRANSMISSION SYSTEMS AND, AND BY SUBSTATIONS.
SO THE LAND ITSELF IS VERY ENERGY CENTRIC.
SO, YOU KNOW, WE'RE, WE'RE WORKING, WE'RE WORKING ON OTHER SITES AS WELL.
THAT'S, THAT'S A VERY INTERESTING PROJECT.
TO ANSWER YOUR QUESTION THOUGH, UM, THERE WERE SPECIFIC AREAS IN GOLAND, UM, THAT I LOOKED AT THOUGHT, GIVEN WHAT WE'VE SEEN FROM DEVELOPERS AND THEIR INTEREST, IT SEEMED TO ME THAT THE COUNTY WAS VERY QUIET, UM, ON, ON DEVELOP JUST ANNOUNCEMENTS OF PROJECTS THAT ARE COMING OUT OF GROUND FOR THIS SORT OF DEVELOPMENT.
UM, POWELL OBVIOUSLY IS THEY MADE AN ANNOUNCEMENT, IT'S NOT A FINAL DEAL YET, BUT THE ANNOUNCEMENT WAS MADE BECAUSE IT WENT IN FRONT OF THE PLANNING COMMISSION.
UM, SO I LOOKED AT THE PROXIMITY TO EXISTING INFRASTRUCTURE, EXISTING USERS, DEVELOPERS, AND OWNERS THAT ARE WITHIN THE RADIUS HERE.
THAT WOULD MAKE PERFECT SENSE.
AND BEYOND THAT, JUST THE, THE DEMO, THE, THE, THE DEMOGRAPHIC OF THE, YOU KNOW, THE COM YOU KNOW, THE WESTERN AND RECO EASTERN GLAND SEEMS RIGHT FOR THAT SORT OF DEVELOPMENT OUT HERE.
UH, AND IT WAS JUST SOMETHING THAT I FIGURED, YOU KNOW, I WANTED TO INQUIRE ABOUT IF THE COUNTY MIGHT BE INTERESTED IN, IN PURSUING, IF WE WENT DOWN THAT ROAD AND TALKED TO SOME LANDOWNERS HERE THAT HAD SITES
[01:05:01]
THAT MADE SENSE.THERE IS A PROBABLY A KEY THING THAT I WOULD ADD, UM, JUST IN TERMS OF PERSPECTIVE AND, AND OVERALL APPROACH HERE IS THAT, UM, YOU KNOW, YOU'RE COMPETING WITH OTHER COUNTIES IN VIRGINIA, RIGHT? YOU'RE COMPETING WITH OTHER STATES.
AND THE MORE YOU, YOU KNOW, IT'S SORT OF LIKE THE SQUEAKY WHEEL GETS THE OIL.
YOU KNOW, IF YOU CAN IDENTIFY A SITE THAT, THAT EVERYBODY'S, OR AT LEAST YOU KNOW, 70% OF THE PEOPLE ARE GOOD WITH, YOU KNOW, YOU'RE WAVING YOUR FLAG.
YOU'RE SAYING, HEY, COME HERE, COME HERE.
THAT'S THE WAY YOU GET IT DONE.
THEY'RE NOT JUST GONNA COME TO YOU BECAUSE IT'S YOU, YOU KNOW? I MEAN, THEY'RE NOT GONNA COME IN.
YOU HAVE TO SORT OF MAKE THAT REASON.
AND, AND YOU'VE GOTTA PUT IT IN FRONT AND SAY, HERE, NO, COME HERE.
UH, WE'VE, WE FOUND THAT AND SORT OF MAKES SENSE.
UM, SO I'LL GO BACK TO YOUR COMMENT ON, WE NEED TO LOOK AT WHERE WE'VE GOT THE POWER ALREADY BECAUSE OF THE TIME IT TAKES TO GET THE POWER TO SOMEWHERE WHERE IT ISN'T.
AND SO YOU ALL HAVE LOOKED AT THAT IN YOUR CONSIDERATIONS OF POTENTIAL.
WE KNOW WHERE THE EXISTING TRANSMISSION LINES SYSTEMS ARE.
WE KNOW THE, THE TRANSMISSION LINES THAT WOULD BE PREFERABLE FOR A DEVELOPER TO TAP INTO BASED UPON WHAT THE EXISTING LINE CAPACITY IS.
WHAT WE DON'T KNOW IS WHAT IS AVAILABLE WITHIN THAT LINE.
UM, SO WE HAVEN'T HAD ANY CONVERSATIONS WITH ANY, YOU KNOW, ANY UTILITY OR, UM, CONSULTANTS OF THOSE UTILITIES ABOUT, HEY, LOOK AT THIS SPECIFIC STRETCH OF LINE.
WHAT DO YOU THINK IS HERE? WE HAVEN'T HAD THAT DISCUSSION YET.
UM, YOU KNOW, THAT WAS GONNA BE A SECONDARY DISCUSSION TO IF WE, YOU KNOW, HAD THE SENTIMENT OF THE COUNTY AND THE, THE, THE LANDOWNERS THAT WE MIGHT LOOK AT APPROACHING ABOUT MOVING FORWARD WITH A PROJECT SUCH AS THIS, UM, IF EVERYTHING LINES UP, THEN HAVING THAT DISCUSSION AND SAYING, IS THIS, YOU KNOW, WHAT, WHAT MIGHT BE AVAILABLE? SO THERE'S POTENTIALLY A CITIZEN OBJECTION WOULD BE THAT IT'S USING TOO MUCH OF OUR POWER, IT'S NOT GONNA BE AVAILABLE TO US
SO THAT'S, SO YOU'RE TALKING ABOUT TWO DIFFERENT BRIDGE PROGRAM, BUT THE TRANSMISSION SYSTEM, AND THEN YOU'RE TALKING ABOUT THE DISTRIBUTION SYSTEM.
LIKE EVERYBODY CAN STILL THERE, YOU KNOW, DATA CENTER BECOMES MUTUAL AND THEN YOU'RE STILL GONNA BE ABLE TO TURN ON THE LIGHTS THAT IT'S NOT THAT SORT OF A STRAIN.
UM, BUT, YOU KNOW, IN ORDER, IF THERE IS, THERE IS A REGIONAL GRID HERE.
IT'S, IT'S, PJM IS IS THE GRID IN WHICH WE'RE LOCATED, UM, DOMINIONS IN THAT AND A NUMBER OF OTHER UTILITIES WITHIN THAT, THAT REGIONAL TRANSMISSION OPERATOR, UM, RTO IS WHAT THEY CALL IT.
UM, BUT YOU KNOW, ULTIMATELY IN ORDER TO PUT A PROJECT DOWN THERE, THERE'S, THERE'S AN EXTENSIVE STUDY THAT HAS TO BE DONE IN ORDER TO FIGURE THAT OUT.
AND SO THERE WOULDN'T BE SUCH A POWER GRID CONSTRAINT.
IT WOULD NEVER PUT YOU IN A POSITION WHERE IT HAS TO BE PRONOUNCED OR BLACK STATE.
YOU KNOW, THAT'S NOT, UM, BUT, BUT FROM JUST A, A RESIDENT STANDPOINT, THAT WOULD BE PROBABLY THE PRIMARY CONCERN FROM A, YOU KNOW, A RESIDENCE WILL, YOU KNOW, IF THIS, THIS PROJECT IS TAKING ALL THAT'S, 'CAUSE THAT'S WHAT YOU HEAR, RIGHT? BUT THE POWER'S COMING FROM OTHER PLACES.
THE POWER'S NOT COMING FROM MUTUAL, THE POWER'S COMING FROM IT'S, IT'S COMING THROUGH THE ENTIRE GRID SYSTEM.
AND WHAT THE, THE, THE, THE STUDY DOES IS SEE IF THEY'RE IN THAT CERTAIN AREA, THERE IS ENOUGH CAPACITY THAT'S OPEN FOR A PROJECT SUCH AS THAT, THAT'S NOT GONNA TAX THE REST OF THE GRID SYSTEM.
AND IN, IN CORRELATION TO THAT SPECIFIC AREA.
THAT GETS A LITTLE OVER MY HEAD.
YOU, YOU, THAT'S WHY WE HAVE YOU.
WELL, I WOULD SAY THE POWER GRID IS A LITTLE BIT TAX ALREADY STAY WITH VIRGINIA.
SO WE HAVE TO REALLY KEEP THAT IN MIND, GUYS.
WE, WE GET TO THE POINT WHERE WE TAKE, CAN'T TAKE IT FOR GRANTED ANYMORE.
CAN I, WE DO TURN THE LIGHT ON, EXPECT IT TO GO ON AND GET THE SWITCH.
UH, SO THE AREA, OUR ATTENTION TOO, AND THE AREAS THAT ARE LIKE THAT, IF THE CITIZEN COMFORTABLE WITH THAT MM-HMM.
AND SO THERE, THERE'S A, THERE'S A VERY HIGH LEVEL THERE.
THE PJM IS A GRID, SO IT'S NOT, IT'S ALMOST NOT EVEN UP TO THE INDIVIDUALS CITIZENS TO CONTROL THE ELECTRIC.
I MEAN, IT IS PJM CONTROLS THAT, UM, AND THEY'RE LIKE TRAINED CONDUCTORS.
AND THEN THIS IS A LARGE AMOUNT OF BULK TRANSMISSION ELECTRICITY THAT'S MOVING THROUGH COUNTIES, THROUGH STATES, YOU KNOW, INTERSTATE.
SO IT IS, UM, IT'S BECOMING MORE OF A CONCERN, BUT IT'S NOT GONNA
[01:10:01]
BE LIKE A LOCAL CONCERN, YOU KNOW WHAT I MEAN? IT'S, IT'S, IT'S A LARGER KIND OF GRID PERSPECTIVE, RIGHT? SO IF, IF, IF A, A PROJECT WAS, YOU KNOW, WAS, IF IF DOMINIONS WAS APPROACHED FOR A POWER STUDY IN A CERTAIN AREA FOR GLAND COUNTY TO PROVIDE POWER FOR A PROJECT LIKE THAT, THEY'RE NOT GOING TO APPROVE OF IT.OR, OR SAY THERE'S NOT POWER AVAILABLE TO, TO MAINTAIN THE EXISTING GRID STRUCTURE FOR THE RESIDENTS AND THE AREA OF THE EXISTING BUSINESSES IN PLACE AND WHAT THE FUTURE GROWTH PLAN IS IF WE APPROVE OF THIS PROJECT IN THIS AREA.
THAT'S WHY IN NORTHERN VIRGINIA THEY'RE SAYING THERE'S NO MORE POWER UP THERE BECAUSE IF WE DO THIS AND WE APPROVE OF YOUR PROJECT, THAT'S SORT OF TAXING THE EXISTING SYSTEM AND THE EXISTING CAPACITY LEVEL FOR THE RESIDENTIAL LOADS IN THERE.
SO IF THEY CAME AND SAID, YES, THERE'S AVAILABLE CAPACITY HERE AND YOU CAN PERMIT FOR IT, YOU CAN BUY INTO THAT, THAT MEANS THAT ULTIMATELY THERE'S ENOUGH POWER TO, TO POWER EVERYTHING HERE WITHOUT HAVING AN ISSUE AND IT STILL BRING A PROJECT SUCH AS THIS.
SO THAT'S MAYBE A WAY TO, YOU KNOW, IF, IF DOMINION AND THE PERMITTING AND AND PJM ARE PERMITTING THIS, THEN FROM THAT PERSPECTIVE, IT'S SOMETHING THAT THE RESIDENTS DON'T HAVE TO WORRY ABOUT HAVING ROLLING BLACKOUTS OR THEY'RE, THAT'S A COMFORT LEVEL I'M TALKING ABOUT.
SO WHAT ARE LOGICAL NEXT STEPS? I MEAN, OBVIOUSLY ONE IS THE CONVERSATION WITH VIRGINIA POWER, WHICH MIGHT HAVE ALREADY BEEN, OR DOMINION, WHICH MIGHT HAVE ALREADY BEEN AT LEAST PARTIALLY HAD.
UH, WHAT, WHAT WOULD BE YOUR THOUGHTS ON, ON NEXT STEPS? AND, AND YOU ALSO MENTIONED THE GETTING THE ZONING, UH, SOME TYPE OF ZONING LOOKED AT IN TERMS OF THE TECHNICAL PART, TECHNICAL SUBMISSIONS, OVERLAY OVERLAY, WHICH IS BEING, WE'RE ALSO DOING, I'M STILL LEARNING ABOUT, UM, WHAT I MEAN, HONESTLY, WITH THOSE TWO STEPS IN PLACE, IF YOU, IF YOU WERE MOVING TOWARDS THAT, CREATING A, A TECHNOLOGY DISTRICT THAT, UM, SPECIFIC USES THAT WERE, UM, YOU KNOW, DIGITAL INFRASTRUCTURE DEVELOPMENT, YOU KNOW, YOU'RE GONNA NEED TO TALK TO, TO DOMINION, TO KNOW, TO IDENTIFY THE CAPACITY ON, ON, ON THOSE LINES TO KNOW WHERE TO PUT THE TV.
THAT THAT'S REALLY WHAT'S GONNA COME DOWN TO.
SO HOW LONG HAVE YOU BEEN AWAY FROM DOMINION? UM, I WAS, I LEFT DOMINION IN 2019, FALL OF 19.
HOW LONG WERE YOU, UH, DOMINION, ACTUALLY, IF YOU INCLUDED.
I WAS ACTUALLY A CONSULTANT ON THREE YEARS.
WAS THAT THREE YEARS? I WAS, YEAH.
SO BECAUSE PRIOR TO COMING TO DOMINION, I ALSO WORKED AS A SUBCONTRACTOR ON THEIR SKI THREE PROJECT AND THEN ALSO PLANTED THOSE PIPELINES.
SO THOSE ARE BIGGER INFRASTRUCTURE PROJECTS WHERE DOMINION WAS A CLIENT AND THEN I WENT SORT OF IN HOUSE THERE.
UM, BUT GOT TO KNOW FOLKS, UH, ESPECIALLY IN THEIR ECONOMIC DEVELOPMENT OFFICE.
AND KEN HILL WAS AROUND FOR A LONG TIME.
HE'S, HE'S ACTUALLY, THEY DOMINION HIRED HAS A CONSULTANT.
RIGHT? THEY'RE STILL, STILL ACTIVE.
YEAH, THOSE TWO STEPS THOUGH, IF, YOU KNOW, THERE MIGHT BE POWER, A POWER AREA THAT THAT HAS POTENTIAL FOR.
AND THEN LOOKING AT AN AREA THAT COULD BE POTENTIALLY ZONED FOR THAT AS PART OF AN OVERLAY DISTRICT, THAT WOULD BE 90% OF THE BATTLE AS FAR AS GETTING BACK IN FRONT OF DEVELOPERS TO, TO MOVE A PROJECT QUICKLY FORWARD.
I MEAN, IT'S THE, IT'S THE, YOU KNOW, THE SENTIMENT OF THE COUNTY GOVERNMENT TO MAKE A PROJECT LIKE THAT WORK AND THE AVAILABLE POWER.
AND THEN IT'S COMING DOWN TO, YOU KNOW, IF THOSE LANDOWNERS ARE GOING TO MOVE FORWARD AND DEVELOP WITH THAT TYPE.
AND WE ALSO NEED TO LOOK AT WATER.
I MEAN, I, I, I KNOW THERE'S MOVING IN THE DIRECTION WHERE YOU DON'T NEED AS MUCH WATER, BUT EVEN RUNNING A 200,000 SQUARE FOOT OFFICE BUILDING OFF OF A WELL IS CHALLENGING.
SO YEAH,
ANY FURTHER QUESTIONS? DISCUSSION? I DON'T KNOW IF YOU GENTLEMEN HAVE ANYTHING ELSE YOU'D LIKE TO NO, I THINK WE'VE SAID A LOT
REALLY, REALLY APPRECIATE OPPORTUNITY.
YOU'RE MORE THAN WELCOME TO STAY FOR THE REST OF THE MEETING, BUT I UNDERSTAND IF YOU RATHER GO DINNER WITH YOUR FAMILY, THAT WOULD MAKE A LOT OF SENSE.
LOOK FORWARD TO, UH, FURTHER OF THIS.
UM, DO YOU HAVE MY CARD IF YOU HAVE ANY? YES.
OTHER QUESTIONS? UM, CERTAINLY BEING A LITTLE MORE, WHAT YEAR WAS YOUR MOTHER THREE
[01:15:01]
BORN? SHE WAS 75.SHE WAS A HISTORY MAJOR TEACHER.
THERE'S ONLY ONE HISTORY TEACHER.
UH, NO, THERE WERE SEVERAL, BUT HE LUCK.
EVERYBODY GOT ALL FOUR, SO THANK YOU.
I ASSUME THAT CONCLUDES DATA CENTER DISCUSSION.
MOVE ON TO NEW BUSINESS UPDATE.
OVERLOAD,
SO, UM, I AM, OUR ACTIVE PROJECT LEADS ARE AT 1.4 BILLION WITH 462 MILLION UNDER CONSTRUCTION RIGHT NOW.
SO I CAN'T REMEMBER WHAT IT WAS LAST, UM, MONTH, BUT I THINK IT'S ROUGHLY THE SAME IF NOT UP A LITTLE PROJECT LEAD WISE.
UM, THE FAIRGROUND ROAD EXTENSION PROJECT, UM, AN UPDATE ON THAT, THE ECONOMIC ANALYSIS IS FULLY UNDERWAY.
THE DEMOGRAPHIC ANALYSIS HAS BEEN COMPLETED.
STAKEHOLDER INTERVIEWS HAVE BEEN COMPLETED.
THEY'RE THE PROCESS OF ASSESSING OUR RETAIL INVENTORY AND CONSUMER SPENDING PATTERNS.
THEY'RE IN THE PROCESS OF DETERMINING FUTURE HOUSEHOLD GROWTH AND FUTURE HOUSE DEMAND AND ESTIMATING FINANCIAL FEASIBILITY OF THE PROJECT.
SO THE ECONOMIC ANALYSIS SHOULD BE WRAPPED UP BY THE END OF THE SUMMER.
WHO'S DOING THAT? UH, PES PARTNERS FOR ECONOMIC SOLUTIONS.
UM, AND I AM WORKING NOW THAT OUR NEW FISCAL YEAR IS ABOUT TO KICK IN.
I AM WORKING ON, UM, GETTING AN ENGINEERING FIRM FOR THE DUE DILIGENCE AND CONCEPTUAL ENGINEERING TO GO ALONG WITH THE ECONOMIC ANALYSIS.
SO WE'LL ACTUALLY KNOW HOW MUCH SQUARE FOOTAGE WE CAN PUT WHERE ON THE FAIRGROUND ROAD EXTENSION.
UM, AND I'LL BE APPLYING FOR A GRANT TO HELP ASSIST FUND THAT.
BUT THAT'S WHERE WE ARE ON THAT.
UM, LIN ELEMENTARY SCHOOL REUSE PROJECTS, WE HAD TO PUT IT ON HOLD FOR A COUPLE MONTHS TILL THE NEW FISCAL YEAR KICKED IN.
UM, SO I'M HAPPY TO SAY THAT I DID PUT IN THE PO TO MOVE FORWARD WITH RK AND K ENGINEERING.
UM, THEY ARE GOING TO BE LOOKING AT COST AND FE FEASIBILITY ANALYSIS TO DETERMINE WHETHER THE OLD ELEMENTARY SCHOOL COULD BE CHANGED TO MULTIFAMILY CHILDCARE, COMMUNITY CENTER GOVERNMENT OFFICES, OR WHETHER IT WOULD MAKE SENSE TO DEMO AND TO DO A FULL NEW REBUILD.
SO WE'RE GONNA HAVE ALL OF THAT HOPEFULLY WRAPPED UP BY THE END OF THE YEAR AND HAVE THEIR ANALYSIS.
SO WE KNOW POTENTIALLY WHAT WE COULD DO WITH ELEMENTARY SCHOOL.
NOW THAT COULD ALSO POTENTIALLY WRAP INTO THE FAIRGROUND ROADS EXTENSION PROJECT.
SO BOTH OF THOSE COULD HAPPEN TANDEMLY, UM, DEPENDING ON WHAT THOSE ANALYSIS COME BACK AS.
UM, HAPPY TO REPORT THAT OUR BOARD ADOPTED, UM, SOME REDUCED HIGH WATER USAGE FEES.
SO FOR OUR COMPANIES THAT USE HIGH WATER DEMANDS, MORE THAN 500,000 GALLONS OF WATER PER BILLING CYCLE ARE ACTUALLY GONNA NOW GET A LOWER RATE APPLIED TO THEM.
SO THIS WAS AN INITIATIVE THAT I PUT FORWARD TO THE DEPARTMENT OF PUBLIC UTILITIES AS, AS AN INCENTIVE TO TRY TO ATTRACT, UM, HIGHER WATER USERS.
POTENTIALLY A DATA CENTER USER COULD BE A HIGHER WATER, UH, USER WHEN LOOKING AT OUR RATES AS COMPARED TO, UM, SOME OF THE ADJACENT LOCALITIES.
WE ARE MUCH HIGHER IN OUR RATES BECAUSE WE HAVE A MUCH SMALLER SYSTEM.
THEY HAVE A MUCH LARGER SYSTEM.
THEY CAN SPREAD OUT THOSE RATE COSTS ACROSS MANY MORE DIFFERENT USERS THAN WE CAN.
SO OUR RATES ARE A LITTLE BIT HIGHER.
SO IN LOOKING AT THAT, WE CAME UP WITH THE IDEA OF IF, IF THEY'RE GONNA ACTUALLY BE A VERY HIGH WATER USER, WE CAN REDUCE THEIR RATE A LITTLE BIT AND TRY TO GET 'EM MORE IN LINE WITH OTHER LOCALITIES BECAUSE THEY'RE USING SO MUCH.
DO YOU KNOW APPROXIMATELY WHAT PERCENTAGE OF OUR USAGE FROM THE RECORD WE ACTUALLY USE, I TOP IT'S ABOUT 15%.
THAT'S HIGHER THAN I WE THOUGHT HIGHER.
YOU THOUGHT THAT'S HIGHER THAN I I THOUGHT IT WAS 'CAUSE IT WAS MUCH LONGER,
[01:20:01]
BUT ON BUILDING, I'M SORRY.SO, UM, THERE'S A HANDFUL OF BUSINESSES LESS THAN 10 THAT CURRENTLY QUALIFY FOR THIS.
SO I'M GONNA BE WRITING THEM PERSONAL LETTERS, GIVING 'EM THE GOOD NEWS THAT IF THEIR, UH, USAGE, IF THEIR WATER BILL IS OVER $500,000, THEY'RE GONNA GET A, A LOWER RATE APPLY.
UM, THAT'LL TAKE, UH, AFFECT JULY ONE.
UM, FAR THE BOARD REFERRED THE FAR AMENDMENT, UM, TO REMOVE FAR TO, UH, THE PC AT THEIR JUNE MEETING.
SO THAT WILL GO TO THE PLANNING COMMISSION IN JULY.
AND DEPENDING ON WHAT THE PLANNING COMMISSION DOES, POTENTIALLY BACK TO THE BOARD IN SEPTEMBER, I WILL NOT BE ABLE TO BE AT THE JULY PLANNING COMMISSION MEETING.
UM, SO I DON'T KNOW IF THERE, IF WE SHOULD DO A LETTER OF SUPPORT THAT COULD BE READ INTO THE RECORD IF YOU ARE AVAILABLE TO ATTEND BOTH.
AND UNLESS, AND BASICALLY THAT'S THE, UH, FLOOR AREA RATIO ON HIGHER, UH, LET'S SAY BUILDING, UH, COMPLEXES.
UH, AND THE FACT THAT WE HAVE IT IN
BUT I DON'T KNOW IF, SEE WE WON'T HAVE A MEETING BEFORE THEN, WILL WE? WE WON'T MEETING.
IT'S GOING TO BE JULY THE 18TH.
YOU KNOW, WE MEETING JULY 17TH.
WE'LL HAVE A MEETING BEFORE THEN.
'CAUSE I, I THINK THAT'S SOMETHING WE NEED TO GET TO CONCURRENCE ON.
UM, DO YOU WANT ME TO MAYBE DRAFT A LETTER FOR YOUR REVIEW? YEAH.
AND I'LL ATTEND ALSO, UM, I'M ALSO WORKING ON A WEBSITE, UH, WEBSITE REFRESH.
UM, AS PART OF OUR CONTRACT WITH CIVICS PLUS EVERY, UM, COUPLE YEARS WE COULD DO A REFRESH ON OUR WEBSITE.
WE HAVE NOT REFRESHED OUR WEBSITE SINCE LIKE 2014, SO IT'S ABOUT 10 YEARS OLD.
UM, SO IT IS A LONG PROCESS AND IT WON'T GO LIVE UNTIL NEXT JANUARY.
BUT, UH, WE ARE BEGINNING THAT ADDING NEW PHOTOS, TRYING TO FIGURE OUT WHAT WE WANNA CHANGE CONTENT WISE TO UPDATE IT.
UM, SO IT'S EXCITING, UM, TO BE ABLE TO HAVE THAT ABILITY TO THAT PART.
YOU HAVE A SOLUTIONS NOW CIVICS PLUS, SO I DON'T KNOW.
UM, AND SO THAT'S THE GOLAND FOR BUSINESS SITE.
THE EXPLORE GOLAND SITE IS FAIRLY NEW.
SO, AND WE DON'T HAVE A TEMPERATURE OR FEEL FROM, UH, THE BOARD HOW THEY'RE GONNA ACT WITH REGARDS TO THE PROPERTY ALONG THE EXTENSION.
NO, I THINK WE'RE WAITING TO GET THE ANALYSIS BACK TO REALLY DETERMINE WHAT WE CAN GO THERE AND WHAT IT COULD LOOK LIKE.
I KNOW PLANNING STAFF IS WORKING ON THOSE ORDINANCES.
UM, AS YOU MIGHT REMEMBER, THE COURTHOUSE VILLAGE PLAN WAS UPDATED AND UM, ALONG WITH IT CAME A NEW LAND USE CATEGORY THAT KIND OF NEEDS TO BE FLESHED OUT VILLAGE CORE.
AND SO THEY'RE, WE'RE LOOKING AT WHAT THAT'S GONNA LOOK LIKE IN CONJUNCTION WITH THE RESULTS OF THESE TWO ANALYSIS THAT COME BACK.
SO THAT'S ALL I HAVE FOR NEW BUSINESS.
ANY QUESTIONS ON NEW BUSINESS UPDATES? LET'S MOVE ON THEN TO EXISTING BUSINESS UPDATE.
IS THAT THE BEACH AND JOINED SOME TIME OFF WITH HIS FAMILY? SO HE LEFT ME A LIST OF THINGS THAT HE'S BEEN DOING.
UM, WE HAVE HOSTED SEVERAL EVENTS.
UM, WE HOSTED A-V-R-L-T-A WORKSHOP ON APRIL 30TH.
WE HAD FOUR BUSINESSES ATTEND THAT WORKSHOP.
UM, SPECIFICALLY TO LEARN MORE ABOUT THE VIRGINIA RESTAURANT LADING TOURISM ASSOCIATION.
UM, WE, OUR BUSINESS APPRECIATION EVENT WAS VERY WELL ATTENDED.
UM, WE HAD OVER 50 PEOPLE IN ATTENDANCE.
IT WAS A REALLY GOOD TIME I THINK, OF NETWORKING BUSINESSES, UM, HEARD A LOT OF POSITIVE FEEDBACK FROM OUR BUSINESSES ON THAT.
OUR NEXT KIND OF BUSINESS EVENT IS GOING TO BE THURSDAY, AUGUST 8TH.
IT'S GOING TO BE AN ASHLAND ROAD BUSINESS NETWORKING EVENT.
SO WE'RE GONNA BE AT MIDNIGHT BREWERY.
UM, WE'RE GONNA HAVE, UH, VDOT SLASH AUSTIN GOING OUR COUNTY ENGINEER AT THE MEETING TO
[01:25:01]
TALK ABOUT THE DI AND WHERE WE ARE, WHAT THE NEXT STEPS ARE, WHAT IT'S GONNA LOOK LIKE.'CAUSE THAT'S MOST OF THE BUSINESS, UM, QUESTIONS THAT WE'RE GETTING ALONG THAT CORRIDOR IS, IS ABOUT THE DI.
SO, UM, THEN OUR, WE ARE GOING TO BE, BE HOSTING AGAIN OUR MAJOR BUSINESS AND VIP NETWORKING EVENT.
WE DID THAT LAST YEAR AT DOVER HALL THIS YEAR.
IT'S GONNA BE HOME IN HARDYWOOD ON OCTOBER 24TH.
AND THEN, UH, WE'RE HOSTING THE SMALL BUSINESS RESOURCE BREAKFAST WITH THE CHAMBER ON JULY 24TH.
WHERE'S THAT GONNA BE? CAROL? UH, RESIDENCE ED.
UM, AND THEN WE DID HAVE, UH, SCORE MENTORSHIP POPUPS.
UM, SO BASICALLY SCORE MENTORS CAME AND THEY WERE JUST AVAILABLE FOR BUSINESSES TO DROP IN.
AND, UM, THERE WERE TWO HOURS LONG AND WE HAD THREE BUSINESS, THREE BUSINESSES SHOW UP TO GET SCORE MENTORING IN THOSE, THOSE, UH, TWO HOURS.
AND THEN WE ARE ALSO DOING OUR PLANNING AND DESIGN WORK FOR OUR FARM TOURS, WHICH IS GONNA BE HELD SEPTEMBER 21ST THIS YEAR.
WE HAVE PUSHED IT FROM AUGUST.
WE GOT SOME FEEDBACK THAT A AUGUST WAS TOO HOT AND, AND WE, LAST YEAR WE DID IT IN CONJUNCTION WITH, UM, AG DAY.
SOME OF THE FARMERS HAD CONFLICTS AND THEY COULDN'T AND THEY WANTED TO ATTEND BOTH.
SO THEY ASKED US TO ACTUALLY MOVE IT AWAY FROM AG DAY.
UM, AND TO MOVE IT KIND OF MORE IN THE FALL TIME PERIOD.
UM, CHANCE HAS BEEN ON SEVERAL BRE VISITS, UM, UM, OVER THE LAST MONTH.
I THINK HE'S GOT 1, 2, 3, 4, 5, 6 OF THEM.
UM, SO HE IS BEEN KEEPING ACTIVE WITH THAT.
AND THEN WE HAD A COUPLE NEW BUSINESSES COME INTO THE COUNTY.
UM, KOGNITO MOTO, THEY ARE A, UM, MOTORCYCLE PARTS MANUFACTURER AND MOTORCYCLE.
UM, THEY ARE MOVED INTO THE GLAND BUSINESS PARK.
AND THEN, UM, YOU MIGHT HAVE NOTICED THAT CAR GUYS HAS MOVED OUT IN THE CROZIER AREA AND UM, I'M GONNA BUTCHER THEIR NAME.
YOU KNOW, THAT'S SO INTERESTING.
THIS IS, I ALWAYS LOVE DRIVING, DRIVING BY TO SEE ALL THEIR, UM, A TACTICAL GEAR BUSINESS IS GOING IN THERE, SO.
OH, SO GOT, YEAH, WE DO HAVE A USER FOR THAT.
UM, AND THAT'S ALL I HAD FOR EXISTING BUSINESS.
DO YOU HAVE ANY QUESTIONS? ONE QUESTION.
WHAT WAS THE DATE FOR THE, UM, MAJOR ING EVENT? OCTOBER 24TH.
AND LET'S JUST, YOU'LL SEND OUT CALENDAR.
ANY OTHER QUESTIONS? MOVING ON TOURISM.
YEAH, SO, UM, I DON'T THINK WE HAVE THE INFORMATION AT OUR LAST MEETING, BUT WE'VE GOT OUR GRANT SO YAY.
UM, FROM THE VIRGINIA TOURISM CORPORATION.
SO WE'VE GOT, UM, $15,000 TO DO MARKETING FOR A COZY COUPLE GETAWAY.
SO THAT'S GONNA START, UM, AUGUST ONE AND RUN THROUGH DECEMBER.
AND WE'RE GONNA BE IN THE NORTHERN VIRGINIA MARKET, THE, UM, KIND OF VIRGINIA BEACH MARKET AND THE ROANOKE MARKET.
UH, WE DID SOME RESEARCH USING, UM, PLACER AI DATA, WHICH IS BASICALLY CELL PHONE DATA AND WE'VE SEEN THAT WE ARE HAVING A LOT OF VISITORS FROM THOSE MARKETS, SO WE'RE TRYING TO INFILTRATE IT A LITTLE BIT MORE.
UM, AND WE'RE GONNA BE DOING PAID SOCIAL MEDIA ADS WITH THEM, SPOTIFY ADS, WHICH WILL BE NEW TO US AS WELL.
UM, AND UM, RENEWING THE OTHER FULL CONTRACT WITH ADVANCED TRAVEL AND TOURISM TO CARRY US THROUGH THE REST OF THE YEAR.
UH, DOING SOME MORE PAID SOCIAL AND PAID SEARCH FOR TOURISM.
SO LOOKING FORWARD TO INCREASING THAT IN THOSE VISITORS HERE,
I THINK THAT'S ALL I HAVE FOR TOURISM BECAUSE THAT'S FARM TOURISM, WHICH IS TOURISM.
UM, I, WE RECEIVED, UM, THE LETTER TO EXERCISE, THE OPTION TO PURCHASE THE LAND THAT'S UNDER CONTRACTING MIDPOINT.
SO WE'LL BE, UH, COORDINATING THE CLOSING WITH CHRISTIAN AND, UH, BARTON AND THE PURCHASER IN THE NEXT 45 DAYS.
SO THEY WERE ABLE TO COMPLETE THEIR DUE DILIGENCE IN A VERY TIMELY FASHION.
GOT A POSITIVE ZONING, UM, LETTER FROM THE ZONING OFFICE SO THEY WERE ABLE TO MOVE FORWARD QUICKER THAN WHAT WE HAD ORIGINALLY ANTICIPATED.
[01:30:01]
SOUM, AND THEN THE ONLY OTHER THING I HAVE IS PLEASE MARK IN YOUR CALENDAR, WHICH IT SHOULD ALREADY BE ON YOUR CALENDAR AUGUST 24TH FOR OUR BOARD EDA RETREAT.
IT'S GONNA BE HELD AT CENTRAL HIGH SCHOOL AND IT'S GONNA BE A FULL DAY OF FUN.
TOM'S C IT SO IT'S GONNA BE FUN.
ANY OTHER? NO, THOSE ARE ALL MY UPDATES.
DO YOU HAVE ANY QUESTIONS? WE DO HAVE A CLOSED SESSION.
I'M ONLY CLEARED FOR RUMORS ANYWAY.
OH MAN, I STEPPED UP AND I SIT FOR MORE THAN AN HOUR.
IT'S JUST RUNNERS KNEES, THAT'S ALL I CAN SAY.
SITTING OLD, OLDER, DIRT OLDER.
WAS, I'M SORRY, WHERE IS THE RETREAT? CENTRAL HIGH SCHOOL.
WATCH YOUR, YOU'RE GONNA USE YOUR LEG THERE.
YOUR TAPE AND OF COURSE, PROVISIONS OF VIRGINIA CODE SECTIONS 2.23711 AND 2.23712.
I MOVE THAT THE ECONOMIC DEVELOPMENT AUTHORITY OF AL COUNTY CAN BE A CLOSE MEETING FOR PURPOSE OF DISCUSSION CONCERNING A PROSPECTIVE BUSINESS OR INDUSTRY IN THE COMMUNITY WHERE NO PREVIOUS ANNOUNCEMENT ABOUT ITS PLANS HAS BEEN MADE IN DISCUSSION OR CONSIDERATION OF THE ACQUISITION OF REAL PROPERTY FOR A PUBLIC PURPOSE OR OF DISPOSITION OF PUBLICLY HELD REAL PROPERTY OR DISCUSSION IN AN OPEN MEETING WOULD ADVERSELY AFFECT THE BARGAINING POSITION OF NEGOTIATING STRATEGY OF THE PUBLIC LOBBY AS PERMITTED BY VIRGINIA.
CODE SECTIONS 2.2 3 7 1, 1, A THREE AND A FIVE.
DISCUSSION? ALL IN FAVOR? ALL IN FAVOR, PLEASE STATE AYE.
PURSUANT TO SECTION 2, 2, 3, 7 1 2D IS IN DELTA, DAKOTA OF VIRGINIA, I MOVED THE GUCCI COUNTY ECONOMIC DEVELOPMENT AUTHORITY HEREBY CERTIFIED THAT TO THE BEST OF EACH MEMBER'S KNOWLEDGE.
FIRST ONLY PUBLIC BUSINESS MATTERS, LAWFULLY EXEMPTED FROM OPEN MEETING REQUIREMENTS OF THE PRE INFORMATION ACT.
AND TWO, ONLY SUCH PUBLIC BUSINESS MANNERS AND HEADS WERE IDENTIFIED IN A MOTION CONVENING ENC CLOSED MEETING WERE HEARD, DISCUSSED, OR CONSIDERED BY DDU COUNTY ECONOMIC DEVELOPMENT AUTHORITY IN THE CLOSED MEETING OF THIS STATE.
ANY DISCUSSION? ALL IN FAVOR, PLEASE STATE AYE.
ALL OPPOSED? ANY EXTENSIONS? DO YOU NEED TO DO A ROLL CALL VOTE WHEN WE COME OUT.
I WAS MADAM SECRETARY SLASH ECONOMIC DIRECTOR, WOULD YOU PLEASE DO A ROLL CALL? SMITH, ERIC, YAY OR NAY?
LATE INTO THAT, IT'S VERY LATE.
UH, WHAT, WHAT? BUT WE WE'RE VOTING ON THE FACT THAT WE DID DISCUSS ANYTHING.
UH, IS THERE ANY FURTHER DISCUSSION TO BE HELD ON ANY OTHER MATTER BEFORE THE BODY? HEARING NONE.
I'LL LOVE TO HAVE A MOTION TO ADJOURN.
AND SINCE THAT'S NOT DEBATABLE.
ALL IN FAVOR, PLEASE STATE AYE.