# Two Harbors Council Approves Rare Gas Hub Deal

> Two Harbors City Council approves $1.00 purchase of land for Pulsar's rare gas hub project.
- Title: Two Harbors Council Approves Rare Gas Hub Deal · Financialpost
- Summary: Two Harbors City Council approves $1.00 purchase of land for Pulsar's rare gas hub project. Two Harbors City Council approved a $1.00 land purchase agreement…
- Keywords: two harbors city council, pulsar helium, rare gas hub, helium liquefaction, carbon capture, minnesota, purchase and development agreement, money, business, Two, Harbors, Council
- Source: Financialpost — https://financialpost.com/globe-newswire/two-harbors-city-council-approves-purchase-and-development-agreement-for-pulsars-proposed-rare-gas-hub
- Read time: 1 min
- Topics: two harbors city council, pulsar helium, rare gas hub, helium liquefaction, carbon capture, minnesota, purchase and development agreement, money, business
## Two Harbors City Council approves deal
Two Harbors City Council approved a Purchase and Development Agreement for Pulsar Helium MN's proposed rare gas hub project in Minnesota.
## Land purchase at $1.00
The agreement sets a US$1.00 purchase price for land within an existing industrial district of Two Harbors.
## City provides infrastructure support
City offers up to US$1 million for rail construction, site clearing, and utility extensions under the agreement.
## Tax abatements included
The City will reimburse 90% of increased property taxes paid by Pulsar MN for 15 years under the agreement.
## Rare gas hub project details
Pulsar plans to develop the site as a rare gas hub for helium liquefaction and carbon capture capabilities.
## Project completion conditions
Completion requires property review, financing, utility arrangements, and required land-use approvals before closing.
## Key takeaway

Two Harbors City Council approved a $1.00 land purchase agreement for Pulsar Helium's rare gas hub project in Minnesota, including tax abatements and infrastructure support.