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Micron Technology is considering a proposal to reimburse the town of Clay for expenses related to the development of its new chipmaking complex. The proposal suggests that Micron set aside $100,000 in a retainer account to cover costs such as engineering, code enforcement, and legal fees. The planned complex will be located at the White Pine Commerce Park at the intersection of Route 31 and Caughdenoy Road.
The Clay Town Board is expected to vote on the agreement tonight. If approved, the funds would help the town manage the financial demands of reviewing and facilitating the development process. According to Syracuse.com, construction on the complex is anticipated to begin later this year.
The potential reimbursement plan is part of a broader effort to support local infrastructure and community needs as Micron expands its operations in the area. This initiative reflects Micron's commitment to collaborate with the local community and address any challenges that arise during the development of the chipmaking facility.