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<br />INDUSTRIAL GRANT ANAL YSIS OVERVIEW (estimated) <br /> <br />Company's Legal Name..............................Old Charlotte Centre <br /> <br />Representative................................................... Dominic Lista <br /> <br />State of Incorporation................................................North Carolina <br /> <br />Nature of Business ................................. Cabinet Distribution <br /> <br />Current operations in Cabarrus County................................Yes <br /> <br />Current Employment .........................................................8 <br /> <br />Proposed new or additional Cabarrus facility <br /> <br />Proposed Location..................611 Old Charlotte <br /> <br />Additional Square Feet......................................nja <br /> <br />Investment <br />Real Estate........................$ 610,000 <br />Equipment.........................$ 1.000.000 <br />Total Investment.................$1,610,000 <br /> <br /># of new full time jobs............................ 80 <br /> <br />Concord Taxes Paid (Years 1-4).......................................... $ 25,905.84 <br />Cabarrus Taxes Paid (Years 1-3)...........................................$ 30,429.00 <br />Total Taxes Paid (Years 1-4)...................................................$ 56,334.84 <br /> <br />Concord Levell Grant @ 50%..................................$ 11,272.31 <br />Cabarrus Industrial Grant @ 85%............................$ 28.864.65 <br />Total Grant................ ........... ......... .......... .......... ...... ....$ 40,136.96 <br /> <br />Net to City....................................................................$ 14,633.53 <br />Net to County...............................................................$ 4.564.35 <br />Total Net Tax Revenues..............................................$19,197.88 <br />