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AG 2011 08 15
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AG 2011 08 15
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Last modified
8/16/2011 9:32:21 AM
Creation date
11/27/2017 11:16:35 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/15/2011
Board
Board of Commissioners
Meeting Type
Regular
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Exhibit C <br />Example Related to Reduction and Recapture of Incentives <br />For purposes of Section III.C., if the Company has invested $60,000,000 in Investment Phase 2 <br />(2012), then the annual Grant by the County to the Company for the first year of the three year <br />period (i.e., 2013) would be calculated as $60,000,000 x .0063 x 85% = $321,300. The Grant <br />amount for subsequent years would be calculated as provided in Section II.B and consistent with <br />the County's standard procedures for depreciation of personal property. <br />Page 15 of 15 <br />Attachment number 1 <br />G -2 Page 229 <br />
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