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Project Name: Griffin <br />���� <br />CabanvsCountyEconomicDevelopment GrentAnalysis Cabarrus`_ <br />3 year taxes $ 276,480.00 <br />This document is for calculation purposes only. The numbers computed <br />here are estimated based on general assumptions provided by the diens 13year grant $ 235,008.00 <br />the Cabarrus County Tax office and the North Carolina Dept of Rev ue. <br />Actualgrants may vary 3year net revenue $ 41,472.00 <br />Note, Grants Subject to Cabarms Economic Development Hoard <br />approval & governmental body approval. <br />G-1 <br />Year 1 <br />Year 2 <br />Year 3 <br />Total Assessed Value <br />$12,800,000.00 <br />$12,800,000.00 <br />$12,800,000.00 <br />County taxes at .72 <br />$ 92160.00 <br />92160.00 <br />92160.00 <br />Grant @ 85 % <br />$ 78,336.00 <br />$ <br />78,336.00 $ <br />78,336.00 <br />Net Taxes to County <br />13 824.00 <br />13 824.00 <br />13 824.00 <br />3 year taxes $ 276,480.00 <br />This document is for calculation purposes only. The numbers computed <br />here are estimated based on general assumptions provided by the diens 13year grant $ 235,008.00 <br />the Cabarrus County Tax office and the North Carolina Dept of Rev ue. <br />Actualgrants may vary 3year net revenue $ 41,472.00 <br />Note, Grants Subject to Cabarms Economic Development Hoard <br />approval & governmental body approval. <br />G-1 <br />