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<br />" <br /> <br />INCENTIVE ANAL YSIS OVERVIEW (estimated) <br />(Under Guidelines effective January t, 2004) <br /> <br />Company's Legal Name......Bonitz Contracting Company, Inc. <br /> <br />Representative........... .Irene Gillespie <br /> <br />State of Incorporation.........South Carolina <br /> <br />Nature of Business .........Wall and Floor Contractor <br /> <br />Current Employment ..............................149 <br /> <br />Proposed new or additional Cabarrus facility <br /> <br />Proposed Location.........4539 Enterprise Dr., Concord, NC <br /> <br />Additional Square Feet...............48,000 <br /> <br />Investment <br />Real Estate........................$ 3,000,000 <br />Equipment.........................$ 270.000 <br />Total Investment..............$ 3,270,000 <br /> <br /># of new full time jobs...............149 <br /> <br />Concord Taxes Paid (Years 1-4).......................................... $ 53,689.73 <br />Cabarrus Taxes Paid (Years 1-4)...........................................$ 78.661.69 <br />Total Taxes Paid (Years 1-4)....................................................$132,351.42 <br /> <br />Concord Small Corporate Headquarters @ 50%..............................$ 26,421.68 <br />Cabarrus Small Corporate Headquarters @ 50%............................$ 38.710.83 <br />Total Incentive......... ........................................................... ..............$ 65,132.51 <br /> <br />Net to City.... ........ ............ ............ ...... ......... ............ .....$ 27,268.05 <br />Net to County...............................................................$ 39.950.86 <br />Total Net Tax Revenues...............................................$ 67,218.91 <br /> <br />(;-2 <br />