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35 <br /> Now- <br /> Outline of Performance Based Incentives x ORANGE COUNTY <br /> 4, ECONOMIC DEVELOPMENT <br /> (on a $4 million dollar incentive) NORTH CAROLINA <br /> Orange County Revenue Projections <br /> 1 St Year 2nd Year 3rd Year 4t" Year 5t" Year TOTAL <br /> Net New Property <br /> Tax Revenue $103,782 $95,002 $86,222 $77,442 $68,662 $431 ,112 <br /> Sales Tax Revenue $813,426 $879,025 $944,624 $1 ,023,343 $1 ,088,941 $4,749,359 <br /> TOTAL REVENUE $917,208.32 $974,027.32 $1 ,030,846.32 $1 ,100,785.32 $1 ,157,603.32 $5,180,470.60 <br /> Incentive $(400,000) $(400,000) $(400,000) $(400,000) $(400,000) $(2,000,000) <br /> Payment <br />