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AG 2006 03 20
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AG 2006 03 20
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Last modified
5/23/2014 12:34:48 PM
Creation date
11/27/2017 11:32:44 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
3/20/2006
Board
Board of Commissioners
Meeting Type
Regular
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<br />INCENTIVE ANALYSIS OVERVIEW (estimated) <br />(Under Guidelines effective January 1, 2004) <br /> <br />Company's Legal Name.........JHE Production Group, Inc. <br /> <br />Representative............John H. Howard <br /> <br />State of Incorporation.........North Carolina <br /> <br />Nature of Business ......Production Company <br /> <br />Current operations in Cabarrus County....6324 Performance Dr. <br />Concord, NC 28027 <br /> <br />Current Employment .........35 <br /> <br />Proposed new or additional Cabarrus facility <br /> <br />proposed Location...Shamrock, Harrisburg, NC <br /> <br />Additional Square Feet......33,OOO (New Construction) <br /> <br />Investment <br />Real Estate........................$ 2,500,000 <br />Equipment.........................$ 500.000 <br />Total Investment..............$ 3,000,000 <br /> <br /># of new full time jobs..................O <br /> <br />Harrisburg Taxes Paid (Years 1-5).......................................... $ 18,816.27 <br />Cabarrus Taxes Paid (Years 1-4)...........................................$ 71.509.48 <br />Total Taxes Paid (Years 1-5).....................................................$ 90,325.75 <br /> <br />Harrisburg Incentive Levell Grant @ 50%...........................$ 14,112.21 <br />Cabarrus Incentive Levell Grant @ 50%....................... .....$ 34.606.56 <br />Total Incentive......................................................................... $ 48,718.77 <br /> <br />Net to Town....................................................................$ 4,704.07 <br />Net to County...............................................................$ 36.902.91 <br />Total Net Tax Revenues...............................................$ 41,606.98 <br /> <br /> <br />G-6 <br />
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