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ORANGE COUNTY
<br />NORTH CAROLINA
<br />Potential Annual Tax Revenue
<br />HAICarolantic Fealty
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<br />10
<br />TIMMONS GROUP
<br />These potential Economic Development investments can generate significant annual tax revenue for
<br />Orange County. Below is a summary table based upon the 2017 Real Estate tax rate of $0.8377 per $100
<br />real estate value, with a potential corresponding Capital Investment that could be made due to this potential
<br />Annual Tax Revenue.
<br />Real Estate Investment
<br />Annual Tax Revenue
<br />($0.8377 per $100)
<br />Capital Investment
<br />(20 yrs @ 4 %)
<br />$100,000,000
<br />$837,700
<br />$11,520,000
<br />$200,000,000
<br />$1, 675,400
<br />$23,040,000
<br />$300,000,000
<br />$2,513,100
<br />$34,560,000
<br />$400,000,000
<br />$3,350,800
<br />$46,080,000
<br />$500,000,000
<br />$4,188,500
<br />$57,600,000
<br />$600,000,000
<br />$5,026,200
<br />$69,120,000
<br />$700,000,000
<br />$5,863,900
<br />$80,640,000
<br />$800,000,000
<br />$6,701,600
<br />$92,160,000
<br />$900,000,000
<br />$7,539,300
<br />$103,680,000
<br />$1,000,000,000
<br />$8,377,000
<br />$115,200,000
<br />Water & Sewer Capacity Relative to Target Industries
<br />As we evaluated the utility infrastructure serving these sites, we identified very limited water and sewer
<br />capacity. In addition, the Buckhorn CITAN and EDD were being served by City of Mebane utilities, which
<br />also serves Alamance County. Below is a summary table with the available capacities:
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<br />2016 Avg. Daily
<br />Water Available
<br />Water
<br />Water Capacity
<br />Sewer
<br />Existing Sewer
<br />EDD or CITAN
<br />Provider
<br />(MGD) 1
<br />Water Demand
<br />to the Site
<br />Provider
<br />Capacity (GPD) 1
<br />(MGD) 1
<br />(GPD)
<br />Buckhorn EDD
<br />Mebane
<br />6
<br />1.58
<br />200,000
<br />Mebane
<br />250,000
<br />100,000
<br />Eno EDD
<br />Durham
<br />37.9
<br />27.7
<br />1,000,000
<br />Durham
<br />(Avail. Oct 2019)
<br />108,000
<br />Hillsborough EDD
<br />Hillsborough
<br />3.09
<br />1.47
<br />200,000
<br />Hillsborough
<br />(Avail. Aug 2019)
<br />Buckhorn CITAN
<br />Mebane
<br />6
<br />1.58
<br />200,000
<br />Mebane
<br />250,000
<br />Orange
<br />250,000
<br />West Efland CITAN
<br />2'05
<br />0.6
<br />0
<br />Mebane
<br />Alamance
<br />(Avail. 2020)
<br />Orange
<br />250,000
<br />East Efland CITAN
<br />2.05
<br />0.6
<br />0
<br />Mebane
<br />Alamance
<br />(Avail. Dec 2019)
<br />Hillsborough
<br />Hillsborough
<br />3.09
<br />1.47
<br />200,000
<br />Hillsborough
<br /><200,000
<br />CITAN
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