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INCENTIVE ANAL YSIS 0 VER VIEI/V (esNmated) <br /> (UndeF Gu/de//nes effect~ye .lanuaty J~, <br /> <br />Company's Legal Name .............................. Bonitz Contracting, Inc. <br /> <br />Representative ................................................... Wayne Green, VP <br /> <br />State of Incorporation ................................................ South Carolina <br />Nature of Business ................................. Wall and Floor Contractors <br />Current operations in Cabarrus County ................................ None <br />Current Employment ......................................................... N/A <br /> <br />Proposed new or additional Cabarrus facility <br /> <br /> Proposed Location .................. International Business Park <br /> Additional Square Feet ...................................... 48,000sf <br /> <br /> Investment <br /> Real Estate ........................ $3,000,000 <br /> Equipment ......................... $ 300,000 (estimate) <br /> Total Investment ................. $3,300,000 <br /> <br /> # of new full time jobs .................. 175 @ average :L6.18/hr. <br /> (hourly and salaried) <br /> <br /> Total full time annual payroll ........................... $5,685,228 <br /> <br /> # of new contract labor jobs ............... N/A@ SN/A Average <br /> Total contract labor annual payroll...$ N/A <br /> <br /> Total new payroll ............................................ $ <br /> <br />Concord Incentive Corp HQ Grant @ 50% ........................... $28,829.25 <br />Cabarrus Incentive Corp HQ Grant @ 50% ............................ $47,964.60 <br />Total Incentive .............................................................. $76,793.85 <br /> <br />Net to City .................................................................... $44,199.14 <br />Net to County ............................................................... $49,665.17 <br />Total Net Tax Revenues ................................................ $93,864.31 <br /> <br /> <br />