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Mar 12, 2012 18:35
Category: General News

Apple Data Center Proceeds

     BEND, Ore. (AP) - Crook County commissioners are working on a
plan for spending the $5.6 million they acquired in a recent land
purchase by Apple Inc.
     The Bend Bulletin reports (http://bit.ly/ApXOn0 ) that
commissioners voted last week to put most of the money into a fund
they can use to pay off debt or get access to capital in the
future. County Judge Mike McCabe, the chief commissioner, says
officials might use some of the money to pay back the county road
fund, which was drawn down to pay off a $1 million bank loan for
airport improvements.
     Commissioners also voted to put some money in the county's
general fund and a contingency account.
     Apple bought a 160-acre parcel from the county last month with
plans to build a data center in Prineville.