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2005 - 06-06-05 Regular Meeting
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2005 - 06-06-05 Regular Meeting
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2/25/2009 2:35:17 PM
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1/16/2009 3:00:08 PM
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Admin-Clerk
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Minutes
Committee
Board of Commissioners
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u5oz 20 HCP 462 <br />Lee County <br />Not in Development Zone <br />Real - $5,700,000 <br />Machinery - $21,300,000 <br />Jobs - 35 <br />Local Incentives <br />Real <br />County <br />95% _ $5,415,000 <br />x $0.0067 Tax rate <br />$36,281 <br />x 5 Years <br />$181,403 <br />$181,403 x 1/2 = $90,701 <br />Machinery <br />County <br />92% = <br />$19,596,000 <br />x $0. <br />0067 <br />85% = <br />$18,105,000 <br />x $0. <br />0067 <br />79% = <br />$16,827,000 <br />x $0. <br />0067 <br />70% = <br />$14,910,000 <br />x $0. <br />0067 <br />61% = <br />$12,993,000 <br />x $0. <br />0067 <br />$131,293 <br />$121,304 <br />$112,741 <br />_ $99,897 <br />_ $87,053 <br />$552,288 <br />$552,288 x 1/2 <br />$276,144 <br />Local Incentives (County) State Incentives (North Carolina) <br />Machinery - 5% $1,015,000 <br />Real $90,701 Jobs - $1000/job $35,000 <br />Machinery $276,144 Worker Training - $500/job $17,500 <br />TOTAL $366,845 TOTAL $1,067,500 <br />INCENTIVE PACKAGE <br />O <br />STATE $1,067,500 RadBock <br />LOCAL $366,845 TOTAL $1,434,345 9 b Pea v3 q7 <br />Witte & <br />Based on information provided in accordance with our policy. 5131/2005 <br />
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