Orange County NC Website
Browse       Search
35 <br /> Orange County's Performance-Based Incentive <br /> • Performance-based incentive on 204 new jobs and <br /> $127,077,000 in capital investment. <br /> • Up to $2,910,898 in total potential County incentive to be <br /> paid upon verification of actual jobs and investment that is <br /> added per year. (Net revenue positive in all years). <br /> • Incentive value calculated at 75% of actual new property <br /> tax valuation in the first 5 years. (Same incentive formula <br /> as previously approved by the BOCC for ABB, Medline <br /> Industries, and the first Morinaga incentive in 2013). <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br /> 8 <br />