Orange County NC Website
10 <br />Proposed County Participation <br />Lesser of 50 °0 of the actual tax increment or 50 °0 <br />of the actual Debt Service on the $10 million of <br />public Improvements <br />Subject to annual appropriation based on <br />Town progress report on project performance <br />Maximum Annual Payment would be about <br />$400,000 <br />