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25
<br /> EXHIBIT F - PROPOSED ORANGE COUNTY INCENTIVE
<br /> Pra)ect Rooster
<br /> :COMPANY $15,250,000 TAX RATE $0.6383
<br /> JOBS 79 INCENTIVE 75% of new property tax for 5 years
<br /> AVERAGE WAGE $83,611 DEPRECIATION RATE 10%
<br /> (20 30) r t t t t (2035) Initial New,
<br /> Rea( $750,000 $750,000 $750.000 $750, $750,ODo $750,400 $750,000 $750,000 $754,000 $750,000 $750,000 $750,000
<br /> Pers Prop Yr 1 $2,000,ODD $1,800,900 $1,620,ODO $1,458,4cc $1,312,204 $1,180,984 $1,062,882 $956,594 $864,934 $774,841 $697,357 $2,466,000
<br /> Pers Prop Yr 2 $0 $110001040 $9441000 5810,0cc $729,000 $656,140 $594,490 $531,441 $478,297 5434,467 $387,424 $1,006,040
<br /> Pers Prop Yr 3 Sfl $0 $1,000,006 $900.rc- $800,0DO $700,000 $600,404 $540,0D0 $400.400 $300,406 $204,000 $1,04D,400
<br /> Pers Prop Yr4 $0 $0 $() $90010DO $8W'000 $700,ODO $600,000 $500,44o $400,000 53041000 $.11"1000.
<br /> Pers Prop Yr5 $0 $4 $c S� $1,060,000 $900,400 $800460 $700.444 5600,000 -115001000 $400,000 $1,000,060
<br /> Pers Prop Yr 6 $0 $0 $() cc $O. $0. $0 $0 $0 $0. $4 $0.
<br /> Pers Prop Yr 7 $0 $0 $£ _ $0 $0 $0 Si 5D 4LC1 SAO. - $'0.
<br /> Tax Yalue $2,750,0DO $3,554,400 $4,274,004 S4,9_S."' $5,491,200 $4,987,480 $4,503,372 $4,038,435 $3,589,231 $3155,308 $2,734,777 $6,754,400
<br /> 'Financial Yr 1 i
<br /> r 16. r r r _120291 Yr G 170* t t r t ■ (2035) Total
<br /> Pmperty Tax $0 $17,553 $22,6641 $27,255 $21,392 $35,050 $31,833 $28,745 $25,775 $22,910 $20,140 $253,313
<br /> Incentives $0 -$13,165 -$16,995 -$20,442 -$23,544 -$26.288 $0 $0 $0 $0 $0 -$100,433
<br /> Annual Net $0 $4,388 $5,665 $6,814 $7,848 $8,763 $31,833 $28,745 $25,775 $22,910 520,144 $152,880
<br /> Cash Flow $0 $4,388 $10,053 $16,867 $24,71.5 $33,478 $65,310 $94,455 $119,830 $142,740 $162,884
<br /> $1a0,OD3
<br /> 5150,ODD
<br /> $140,4DD
<br /> 5124,0$0 -
<br /> 5103,000
<br /> W,OD3
<br /> S60,OD0
<br /> $40,000
<br /> $24,0$0 . . ■ ■ ■
<br /> Yr 1(1025] Yr 2(2026) Yr3(2027) Yr4(2023) Yr5(2029) Yr6(2030) Yr72031) Yr8(2032 Yr 92033) Yr 10(2434) Yr 112035)
<br /> iiiiiiiii Ann.l Net -Cash Flew
<br /> r t r r r (20 30) r r t r t (2035)
<br /> 3 43 111 11 11 O 0 4 O 6 0 Total 79
<br /> '$8,506,040 of the proposed Investment is for Real Property that is already taxed by the county and not Included in this calculation.
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