⚠ Boundaries are approximate — estimated from deed legal description (Drury Anglin Survey, Abstract No. 2). Verify with Collin CAD before any action.
Deed Summary
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Deed Type
General Warranty Deed
Effective Date
August 7, 2025
Recorded
August 13, 2025, 3:57 PM
Instrument No.
2025000102692 — Collin County
Grantor
Dusty W. Sawyer (single man)
Grantee
Giga 9 Lavon LLC (Delaware LLC) — BDE SPV
Grantee Address
6050 Southwest Blvd., Suite 150, Fort Worth, TX 76109
Consideration
$10.00 nominal + other good & valuable consideration
Acreage
1.14 ac (49,513 sq ft)
Survey
Drury Anglin Survey, Abstract No. 2, Collin County TX
Road Frontage
Farm to Market Road 2755 (west line of tract)
Prior Instrument
Deed to Farmer's Electric Cooperative, Inc. — Inst. No. 20180629000810320, Vol 628, Pg 259
County Clerk
Stacey Kemp — Collin County Clerk
Return To
Martin Legal Group PLLC, 4925 Greenville Ave., Suite 440, Dallas, TX 75206
Legal Description Summary
Being all of Tract 1 and part of Tract 2 per Deed to Farmer's Electric Cooperative, Inc. Beginning at 1/2" steel rod at NE corner of Tract 1 on FM 2755. Thence S 00°51'28"W 137.66 ft; thence N 89°04'16"W 358.61 ft; thence N 00°46'31"E 138.41 ft; thence S 88°57'02"E 358.81 ft to POB. Contains 1.14 acres more or less.
Power Access
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Utility / Provider
Farmers Electric Cooperative, Inc. (FEC) — Texas electric cooperative, ERCOT market, Rayburn Country Electric Cooperative (Rayburn Load Zone) as wholesale power supplier
Nearest Substation
Lavon Substation (operated by Farmers Electric Cooperative) — site/Point(s) of Delivery must be located within 1/4 mile of the Lavon Substation per the ESA
Distance to Substation
Within 1/4 mile (per amended ESA "Site" definition); site address 17360 FM 2755, Lavon, TX 75166 (Collin County)
Available / Interconnect Capacity
40,000 kVA (40MW) Maximum Capacity, minimum 97% lagging/leading power factor required at all times
Interconnection Voltage
14.4/24.9 kV, 3-phase AC, 60Hz, delivered at the bottom of the cutout fuse at primary underground risers (Points of Delivery)
Interconnect Queue Status
Active — Service Agreement (Contract Rate—Large Power) effective April 22, 2024; ESA assigned from Arkon Energy Lavon LLC to Giga 9 Lavon LLC via Letter Agreement dated June 16, 2025 (Cooperative consented to assignment)
Curtailment Provisions
Customer must curtail demand to ≤3,500 kW when: (1) Rayburn Load Zone real-time price >$75/MWh (customer-initiated) or >$95/MWh (cooperative may curtail); (2) ERCOT summer (Jun-Sep) or winter (Dec-Feb) system demand approaches within 2,000MW of 5-yr peak; (3) feeder/substation/transmission constraints. Ramp rate limits: 5%/min decrease, 2%/min increase. "Customer ATC Payment" (Distribution + Substation Adder-to-Cost) is refundable in 36 equal monthly installments beginning 3 years after both ATC payments are paid in full.
Equipment / Electrical Design
GigaBox electrical one-line (per Lavon GigaBoxes Electrical drawing, same standard Giga design as Wallis/Stockton): 415V 3-phase+N+PE distribution off a 2,000A copper busbar, twelve 150A breakers (M1S150T3, 35kA) + four 80A breakers feeding 24-port 415V/125A miner PDUs, plus a 75kW VFD and auxiliary/cooling circuits.
Notes
Site is leased under a Ground Lease Agreement (eff. 4/22/2024, ~3 acres, Collin County) between Farmers Electric Cooperative (Landlord) and Arkon Energy Lavon LLC (original Tenant), with both the Lease and the ESA now assigned to Giga 9 Lavon LLC (Delaware LLC, registered in TX). Both the land lease and the 40MW power agreement run through FEC — any BDE acquisition would need FEC's consent to a further assignment/change of customer, similar to the Mustang/Manning/Wallis/Wildcat pattern. Confirm exact Point(s) of Delivery address (to be defined by Customer within 60 days of the June 2025 Letter Agreement, within 1/4 mile of Lavon Substation).
Key Flags & Notes
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Fee Simple — General Warranty Deed (Strongest Title Guarantee)
BDE holds via Giga 9 Lavon LLC (Delaware SPV). General Warranty Deed recorded Collin County Official Public Records Aug 13, 2025. Title is fully warranted against all claimants.Small Parcel (1.14 ac) — Expansion Land Needed for 40 MW
The deeded site is 1.14 acres only. A 40 MW data center / mining facility requires substantially more land for equipment, cooling, switchgear, setbacks, and access. Adjacent parcels along FM 2755 should be identified and prioritized for acquisition.Prior Owner Was Farmer's Electric Cooperative — Power Infrastructure Likely Present
The 2018 prior instrument conveyed this tract to Farmer's Electric Cooperative, Inc., suggesting existing utility easements or power infrastructure on or adjacent to the site. Confirm with CoServ Electric (primary Collin County cooperative, (940) 270-3300) or Farmer's Electric regarding available capacity and interconnect.Collin County — High-Growth Area; Land Values Rising
Collin County is among the fastest-growing counties in the US. Princeton and the Lake Lavon corridor are seeing heavy residential and commercial development. Adjacent parcels should be locked in for expansion sooner rather than later before valuations increase further.
Recommended Next Actions
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1
Confirm parcel ID with Collin CAD — search Instrument No. 2025000102692 or Giga 9 Lavon LLC
Use esearch.collincountytx.gov to pull current parcel ID, assessed value, and neighboring ownership. Confirm the exact legal address and county parcel number.
2
Map and contact adjacent landowners along FM 2755 for expansion
1.14 ac is insufficient for a 40 MW build. Identify neighboring parcels via Collin CAD GIS and prioritize outreach to those directly adjacent, especially to the north and south along the FM 2755 corridor.
3
Confirm power access — CoServ Electric (940) 270-3300
Prior owner was Farmer's Electric Coop. Confirm which utility serves this parcel today, what capacity is available, and the interconnect process for a 40 MW load. CoServ is the dominant cooperative in Collin County.
4
Verify zoning — Collin County or City of Princeton jurisdiction
Confirm whether parcel is in unincorporated Collin County or Princeton's ETJ. Determine industrial / data center zoning requirements and whether a special-use permit is needed for a 40 MW facility.
5
Confirm Giga 9 Lavon LLC is in good standing in Delaware and registered as foreign LLC in Texas
Check Delaware Secretary of State and Texas SOS to confirm SPV is current and properly registered to hold real property in Texas.
Parties & Contacts
Giga 9 Lavon LLC
BDE SPV — Owner
RoleCurrent owner of record (fee simple)
StateDelaware LLC
Address6050 Southwest Blvd., Suite 150, Fort Worth, TX 76109
DeedAug 7, 2025 — Inst. 2025000102692
BDE SPV OWNER
Dusty W. Sawyer
Prior Owner
RoleGrantor — conveyed to Giga 9 Lavon LLC Aug 2025
TypeIndividual (single man)
NotarizedCollin County, TX — Aug 7, 2025
PRIOR OWNER
Martin Legal Group PLLC
Deed Attorney
RoleReturn-to attorney for deed
Address4925 Greenville Ave., Suite 440, Dallas, TX 75206
LEGAL COUNSEL
CoServ Electric
Power Utility
RolePrimary electric cooperative serving Collin County
Phone(940) 270-3300
Prior ownerFarmer's Electric Cooperative held prior instrument (2018) — may have infrastructure on site
NotesConfirm which coop serves the parcel and 40 MW interconnect capacity.
POWER / UTILITY