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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
Document Type
Agenda
Agenda Item
5-a
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Agenda for September 17, 2024 BOCC Meeting
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Orange County Revenue Projections (first 5 years) <br /> 2026 2027 2028 <br /> 36 <br /> Orange CountV's Performance-Based Incentive <br /> Revenue Projections: <br /> New <br /> Property Tax $247,937 $846,025 $984,659 $920,458 $882,118 : : • <br /> Revenues <br /> Incentive <br /> ', . • 4•4 • • 1 � � ' • 1 ' • ' <br /> 1-$185,953 ', ' • • <br /> Annual Net <br /> Revenue <br /> $61 ,984 , • <br /> 709300 <br /> Orange County Revenue Projections (first 10 years) <br /> New Property Tax Revenues <br /> Incentive Payments -$2,9109898 <br /> Total Net Revenues $47506,628 <br /> ORANGE • <br /> NORTHCAROLINA <br />
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