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The Authority voted 4-0 to authorize a Local Performance Agreement tied to the Southern Virginia Megasite, setting minimum commitments of $100 billion in capital investment over 30 years and 2,500 new full-time jobs over 20 years.
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The agreement authorizes negotiations and execution of a performance deal connected to the megasite purchase agreement. The stated job commitment includes annual compensation of at least $80,500, adjusted for cost of living. Residents also raised concerns about public notification, transparency, and communication.
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