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Agenda - 07-23-19 Special Meeting Item 1 - Public Hearing and Decision Regarding an Economic Development Recruitment Incentive for ABB, Inc
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Agenda - 07-23-19 Special Meeting Item 1 - Public Hearing and Decision Regarding an Economic Development Recruitment Incentive for ABB, Inc
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7/18/2019 11:53:24 AM
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BOCC
Date
7/23/2019
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Special Meeting
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Agenda
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Agenda - 07-23-19 Special Meeting
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30 <br /> Outline of All Performance-Based Incentives <br /> � � m . � ym <br /> Sales Tax Exemption on Machinery & Equipment $1 ,053,000 <br /> Jobs Development Investment Grant $4,369,500 <br /> Rural Division Building Reuse Grant (forgivable loan) $5007000 <br /> N.C. Community College System's Customized Training $644,800 <br /> Performance Based Incentive (as proposed) $9727722 <br /> Performance Based Incentive* $997,500 <br /> Waiver of Development Fees* $1507000 <br /> U6 <br /> *(Only available if the ABB site is annexed into Mebane's city limits) <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> 7 <br />
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