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EXHIBIT A - PROPOSED ORANGE COUNTY INCENTIVE
<br /> Project FFM Last Updated: 8/6/2019
<br /> !COMPANY $4,150,000 $0.8679 �I . . . • .�ni•J•�tru(•611\I ,ttili:JOBS 42 IINCENTIVE 75% of new property tax for 5 years
<br /> AVERAGE WAGE $41,236 ON 10%
<br /> Real $1,500,000 $1,500,000 $2,250,000 $2,250,000 $3,050,000 $3,050,000 $3,050,000 $3,050,000 $3,050,000 $3,050,000 $3,050,000 $3,050,000
<br /> Pers Prop Yr 1 $150,000 $135,000 $121,500 $109,350 $98,415 $88,574 $79,716 $71,745 $64,570 $58,113 $52,302 $150,000
<br /> Pers Prop Yr 2 $0 $200,000 $180,000 $162,000 $145,800 $131,220 $118,098 $106,288 $95,659 $86,093 $77,484 $200,000
<br /> Pers Prop Yr 3 $0 $0 $250,000 $225,000 $200,000 $175,000 $150,000 $125,000 $100,000 $75,000 $50,000 $250,000
<br /> Pers Prop Yr 4 $0 $0 $0 $250,000 $225,000 $200,000 $175,000 $150,000 $125,000 $100,000 $75,000 $250,000
<br /> Pers Prop Yr 5 $0 $0 $0 $0 $250,000 $225,000 $200,000 $175,000 $150,000 $125,000 $100,000 $250,000
<br /> Pers Prop Yr 6 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
<br /> Pers Prop Yr 7 $0 $0 $0 $0 $0 $0 $0 $0 $_0 so $0 $0
<br /> Tax Value $1,650,000 $1,835,000 $2,801,500 $2,996,350 $3,969,215 $3,869,794 $3,772,814 $3,678,033 $3,585,229 $3,494,207 $3,404,786 $4,150,000
<br /> Property Tax $0 $14,320 $15,926 $24,314 $26,005 $34,449 $33,586 $32,744 $31,922 $31,116 $30,326 $274,709
<br /> Incentives $0 -$10,740 -$11,944 -$18,236 -$19,504 -$25,837 $0 $0 $0 $0 $0 -$86,261
<br /> Annual Net $0 $3,580 $3,981 $6,079 $6,501 $8,612 $33,586 $32,744 $31,922 $31,116 $30,326 $188,448
<br /> Cash Flow $0 $3,580 $7,562 $13,640 $20,141 $28,754 $62,340 $95,084 $127,006 $158,122 $188,448
<br /> $200,000 -
<br /> $180,000 ----------- ------ -
<br /> $160,000 --------- -- -- ---------
<br /> $140,000 - ---- - - ..- --- ------- ---- ----
<br /> $120,000 - - - - -- - - - -- - -
<br /> $100,000 - ---- ---._ ._.--- - ---- - ---------- ---- --- ----------- -
<br /> $80,000 --- ---- --- -----
<br /> $60,000 ----- ----- --- --- --- -
<br /> $40,000 - -
<br /> $0
<br /> Yr 1(2020) Yr 2(2021) Yr 3 (2022) Yr 4(2023) Yr 5(2024) Yr 6(2025) Yr 7(2026) Yr 8(2027) Yr 9(2028) Yr 10(2029) Yr 11(2030)
<br /> �Annual Net .__-.,Cash Flow
<br /> Jobs y r 112020) • • • • • s • • • • • •
<br /> 15 4 10 4 9 42
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