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Agenda - 09-17-2024; 5-a - Public Hearing Regarding a Proposed Economic Development Recruitment Incentive and Performance Agreement Between Orange County and Morinaga America Foods, Inc.
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Agenda - 09-17-2024; 5-a - Public Hearing Regarding a Proposed Economic Development Recruitment Incentive and Performance Agreement Between Orange County and Morinaga America Foods, Inc.
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9/12/2024 11:07:33 AM
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BOCC
Date
9/17/2024
Meeting Type
Business
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Agenda
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5-a
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Agenda for September 17, 2024 BOCC Meeting
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32 <br /> Outline of State & Local Incentives <br /> ----7"Sales <br /> ow I IN" <br /> Tax Exemption on Machinery & Equipment Purchases $5,936,558 <br /> One North Carolina Fund (discretionary performance grant) $100,000 <br /> N.C. Community College System's "Customized Training" $306,000 <br /> On-the-Job Training $50,000 <br /> Work Opportunity Tax Credit $146,400 <br /> Federal Bonding Program $255,000 <br /> Orange • <br /> Performance Based Incentive (as proposed) $2,910,898 <br /> Performance Based Incentive $5761999 <br /> Waiver of Development Fees $5007000 <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> 5 <br />
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