|
BK 00026 PG
<br />Exhibit A
<br />Grant of Lee County Funds
<br />Depreciation
<br />Equipment
<br />Real
<br />property
<br />Total
<br />Annual
<br />Taxes
<br />Incentive
<br />Grant
<br />Incentive
<br />Amount
<br />Net New
<br />Tax
<br />Revenue
<br />90%
<br />$4,500,000
<br />$3,500,000
<br />$8,000,000
<br />$57,600
<br />75%
<br />$43,200
<br />$14,400
<br />81%
<br />$4,050,000
<br />$3,500,000
<br />$7,550,000
<br />$54,360
<br />60%
<br />$32,616
<br />$21,744
<br />74%
<br />$3,700,000
<br />$3,500,000
<br />$7,200,000
<br />$51,840
<br />60%
<br />$31,104
<br />$20,736
<br />65%
<br />$3,250,000
<br />$3,500,000
<br />$6,750,000
<br />$48,600
<br />50%
<br />$24,300
<br />$24,300
<br />56%
<br />$2,800,000
<br />$3,500,000
<br />$6,300,000
<br />$45,360
<br />50%
<br />$22,680
<br />$22,680
<br />$257,760
<br />$153,900 1
<br />$103,860
<br />Pursuant to Paragraph 4(b) herein, the total amount of the incentive grant made payable
<br />according to this schedule shall be reduced by the match required to be paid by the COUNTY on
<br />the basis of the COMPANY'S receipt of a Building Reuse Program grant from the North
<br />Carolina Department of Commerce.
<br />County Match for Building Reuse Grant:
<br />1 $25,000
<br />Total Incentive Amount less County Match for Building Reuse Grant:
<br />1 $128,900
<br />9
<br />GKN Incentive Agreement — 6.2.14
<br />
|