After five years of the Foxconn site sitting largely unused, there's now a promise of new developments on the horizon.On Thursday, the Mount Pleasant Village Board unanimously approved to move forward with a plan that sells Microsoft a portion of the Foxconn land. The tech giant announced earlier this month it plans on investing $1 billion into building a data center on 315 acres of land that's on Foxconn territory.Thursday, the Village of Mount Pleasant unanimously approved to sell that land to Microsoft for $50 million. Under the agreement, Foxconn will release all rights to that land and receive proceeds from the sale."We are absolutely thrilled to have Microsoft as one of our newest corporate residents," said David DeGroot, Mount Pleasant Village board president.Mount Pleasant officials said the deal could mean millions of dollars down the road for the village. "If the village is able to hold their mill rate, as they did this last year at the lowest level at more than a decade, and project just that rate on to the future, that increment will generate, over time, more than $265 million in tax revenue," said Alan Marcuvitz, an attorney for the village of Mount Pleasant. Most residents Thursday were largely supportive."The citizens of not only Mount Pleasant, but Racine County as a whole, and surrounding areas, will benefit for years from this," said Ernie Ross, a Mount Pleasant business owner."We're now moving forward with Microsoft, which, as a little boy, I am a Microsoft stockholder, under full disclosure, but as a little boy, I would have never dreamed this," said Ray Leffler, a Racine resident. Though some people at Thursday's meeting were still burned by Foxconn's unrealized plans."Exactly how many employees will be working in the facility? How many employed will make up residents of Racine," asked Marlo Harmon, a member of the Racine County Board of Supervisors. "Exactly how much money will be put back into investors?"Sen. Van Wanggaard was also at Thursday's meeting. He said while Foxconn's 13,000 jobs never came to fruition, he hopes the prospect of Microsoft will attract more young talent to the region."We know about the tech companies and we know the need for our young people to be invested and involved with those opportunities with the tech companies and they're not here. Now they are," Wanggaard said. With the purchase and sale agreement passed in Mount Pleasant, Racine County will need to sign off on the deal next. The county supervisors are set to take up the measure in two meetings next month.