Council approves incentives for Wal-Mart, Agilent

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Colorado Springs City Council unanimously approved a plan to offer a total of $2.3 million in tax-rebate incentives to Wal-Mart and Agilent Technologies to build data centers in the city.

The money will come form of rebates in business personal property taxes, something Mayor Steve Bach said he wants to eliminate.

Wal-Mart, wants to build a $100 million, 163,000-square-foot data center within the next five years.

Agilent plans to build a data technology centers within existing structures on property it owns along Garden of the Gods Road.