Orange County NC Website
EXHIBIT C - INVESTMENT GOAL <br /> Year Ended 2026 2027 2028 2029 2030 <br /> Dec . 31 <br /> Real Property $95250 , 000 $ 0 $ 0 $ 0 $ 0 <br /> Personal $2, 0005000 $ 150003000 $ 1 , 000 , 000 $ 1 , 000, 000 $ 1005000 <br /> Property <br /> Total Annual $ 115250 , 000 $ 1 , 000, 000 $ 1 , 000 , 000 $ 1500000 $ 1 , 000 , 000 <br /> Investment <br /> The Orange County incentive is based only on the $ 6, 000 , 000 . 00 personal property investment, and on <br /> the estimated $ 500 , 000 . 00 to $ 1 , 000, 000 . 00 in net new real property investment for upfit improvements <br /> to be made to the existing building . <br /> Real Property : <br /> Up to $ 9 . 25 million for an existing building, which includes CITEL making up to $ 1 , 000 , 000 in new <br /> buildng upfit improvements . The value of the existing building is not included in the County ' s incentive <br /> calculation . <br /> Personal Property : <br /> $ 6 ,000, 000 . 00 in new taxable machinery and equipment investment . <br /> TOTAL INVESTMENT : $ 14, 500 , 000 . 00 - $ 1552505000900 <br />