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2019-754 Economic Dev - Medline industries performance agreement
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2019-754 Economic Dev - Medline industries performance agreement
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Last modified
10/24/2019 3:04:17 PM
Creation date
10/14/2019 10:12:01 AM
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Template:
Contract
Date
10/4/2019
Contract Starting Date
10/4/2019
Contract Ending Date
1/31/2026
Contract Document Type
Agreement
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EXHIBIT A— Proposed Orange County Incentive <br /> Project Summary Form for State of North Carolina Incentive Review <br /> PROJECT SUMMARY FORM <br /> Medlin a Ind u stries,In c. <br /> Key Dates: Enterthe date that the Company anticipates: <br /> a.Making the decision vhet her to locate the Project in NC 5 2019 <br /> b.Malong the initial capital investment related to the Project 7 2019 <br /> c.Starting construction,expansion, or renovation/upSt of the Project facifity 9 2019 <br /> d.Airing the trst job related to the Project 7 2020 <br /> e.Commencing operations at the Project faciCty 10 2020 <br /> AverageWages <br /> AvgNewJobs BYl'ear 3-Yaw 5-yew lia;eo A- , <br /> +3meofALL 1..r.:rcum <br /> 25D N&-& Av3.Arrusa <br /> e02a 2021 ZOO 2024 TOTAL TOTAL Jots Wage ofJobs <br /> 30 75 75 50 20 180 250 S35.468 S35,468 <br /> N1w lnvesMl*nt By Year 3Ye-V 5.Ye`c <br /> 2019 2020 21 23= 2= TOTAL TOTAL <br /> Peal PrcpeTj S 15,000.000 S30.000.000 S0 SO so S55,000,000 S55,000,000 <br /> Tangible Pemcr al Property S3.000.000 S7.000.000 $100.000 St00.000 S100.000 S110,100,0001 $10,300,000 <br /> T"Investrrtent S28,000,000 $37,000,000 SIDO.0001 S700.000 5100,000 S65,100.000 1 $65,300,000 <br /> Page 11 of 12 <br />
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