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33 <br /> Outline of Orange Countv's Performance-Based Incentive <br /> Net Property Tax Revenues Collected <br /> (Projections) <br /> �J 2020 2021 2022 A 2023 2024 Total <br /> New <br /> Property <br /> Taxes $243,012 $562,399 $555,630 $549,537 $544,045 $537,349 $2,991,972 <br /> Received <br /> Incentive -$421 ,799 -$416,722 -$412,153 -$408,034 -$182,259 -$1,840,967 <br /> Annual $243,012 $140,600 $138,907 $137,384 $136,011 $355,090 $1,151,003 <br /> Net <br /> 1 -Year County Revenue Projection <br /> New Property Taxes Received $5,086,350 <br /> Incentive Paid -$1 ,840,967 <br /> Annual Net $3,245,383 <br /> • Note: There is no incentive payment scheduled for 2020 due to the company's request that ORANGE COUNTY <br /> payments begin after building completion. NORTH CAROLINA <br />