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Agenda 05-24-22; 5-a - Public Hearing Regarding Proposed Lease Agreement and Economic Development Incentive Agreement for Well Dot, Inc.
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Agenda 05-24-22; 5-a - Public Hearing Regarding Proposed Lease Agreement and Economic Development Incentive Agreement for Well Dot, Inc.
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5/19/2022 3:16:34 PM
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5/19/2022 3:20:23 PM
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BOCC
Date
5/24/2022
Meeting Type
Business
Document Type
Agenda
Agenda Item
5-a
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Agenda for May 24, 2022 BOCC Meeting
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2022\Agenda - 05-24-2022 Business Meeting
Minutes 05-24-2022 Business Meeting
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Path:
\Board of County Commissioners\Minutes - Approved\2020's\2022
OTHER-2022-027-PERFORMANCE AGREEMENT BETWEEN ORANGE COUNTY, NORTH CAROLINA, AND WELL DOT, INC.
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Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2022
OTHER-2022-030-LEASE PROVISIONS TERM SHEET
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Path:
\Board of County Commissioners\Various Documents\2020 - 2029\2022
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68 <br /> Performance Agreement <br /> • Total financial impact not to exceed $2,000,000 payable in up to four <br /> installments equaling the actual eligible expenditures then incurred <br /> by the Company over a period of two years from the first installment. <br /> • These funds will be used to offset facility development, upfit, <br /> remodeling, expansion, and acquisition costs. <br /> ORANGE COUNTY <br /> 7 NORTH CAROLINA <br />
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