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AG 1999 08 30
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AG 1999 08 30
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Last modified
3/25/2002 6:00:58 PM
Creation date
11/27/2017 11:49:49 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/30/1999
Board
Board of Commissioners
Meeting Type
Regular
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AUG- 9-99 MON 3'24 PM CABARRU$. EDCFAX NO, 704 784 4603 P. 3 <br /> <br /> CABARRUS ECONOMIC DEVLEOPMENT <br />CABARRUS COUNTY iNDUSTRiAL GRANT PROGRAM <br /> <br />ESTIMATED TEN YEAR COST BENEFIT ANALYSIS <br /> <br />TAX REVENUE ANALYSIS: <br /> CURRENT APPRAISED VALUE REAl-ESTATE <br /> CURRENT APPRAISED VALUE MACHREOUIP <br /> CURRENT TOTAL APPRAISED VALUE <br /> <br />$2.402.340 <br /> <br />$ -0- <br />$2.402._340 <br /> <br />'" COUNTY CITY 'I'OTAL <br />CURRENT ANNUAL YAX REVENUES S14,174 $10,899 $25,073.00 <br />COLLECTED ON SIT.E AND BUILDING <br />CURR~NT ~NU^LTAX REVENUES 'S0 S0 S0.O0 <br />COLLECTED ON MACHINERY/EQUIP <br />TOTAL $14,174.00 <br /> <br />PROPOSED INVESTMENT: <br /> <br />L REALESTATE [ M&E I REPLACEMENT M & E I TOTAL <br /> $1,356~280 + S11~1~00~000 ' - 0 . S12,9~8:280.00 <br /> <br />ESTIMATED TEN YEAR COST BENEFIT ANALYSIS: <br /> <br />TaX Year ESl. Appraised Esl. Appraisal To~.l ~. Tax ~pral~ (TS&) Gram E~.'GraM ~ T~ <br /> Value of M&E Value of ~al E~t. ~M~ ~v~ue Value v~ue <br /> Y~ ~fo~ El~ib~ <br /> ora~ Grant <br />2003 SI1 ;00 ~9 ~3,~,32~ ItS.~3L320 ~3,1~ I 1.36l~ II~IFJfO <br />~ 2o0s Sl1,~o0,000. ~.8~,3~ S16~8320 ~3,162 <br />2006 S11,600.000 13,6~,320 611~0 Sg3~t~ ~,1~ <br />t~07 llt,eoO,O~ 63rs39320 6t6~36.320 ~3,tg2 ...... ~t~ <br /> <br />Estimated Ten Year Average Tax Ratz 60,e116 <br /> <br />YEARS TO RECOVER INDUCEMENT GRANT AMOUNT <br /> <br />34. <br /> <br /> <br />
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