Pine Island council hears then approves financial incentive plan for Project Skyway

Pine Island council hears then approves financial incentive plan for Project Skyway

PINE ISLAND, Minn. — Some Pine Island residents asked the City Council on Wednesday, Feb. 4, to go slowly when it comes to Project Skyway — the technology park designed to bring a data center to the city. The council, however, moved forward, taking the step to approve a financial package that would abate up to $36 million in property taxes over 28 years as a financial incentive to bring new business to the Ryan Companies development on the north…