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Project Name: Meadows <br />��� <br />CabanvsCountyEconomicDevelopment GrentAnalysis Cabarrus` <br />3 year taxes $ 213,840.00 <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 $ 181,764.00 <br />the Cabarrus County Tax office and the North Carolina Dept of Rev ue. <br />Actualgrants may vary 3year net revenue $ 32,076.00 <br />Note, Grants Subject to Cabarms Economic Development Hoard <br />approval & governmental body approval. <br />G-3 <br />Year 1 <br />Year 2 <br />Year 3 <br />Total Assessed Value <br />$9,900,000.00 <br />$9,900,000.00 <br />$9,900,000.00 <br />County taxes at .72 <br />71280.00 <br />71280.00 <br />71280.00 <br />Grant @ 85 % <br />$ 60,588.00 <br />$ <br />60,588.00 <br />$ <br />60,588.00 <br />Net Taxes to County <br />$ 10 692.00 <br />10 692.00 <br />10 692.00 <br />3 year taxes $ 213,840.00 <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 $ 181,764.00 <br />the Cabarrus County Tax office and the North Carolina Dept of Rev ue. <br />Actualgrants may vary 3year net revenue $ 32,076.00 <br />Note, Grants Subject to Cabarms Economic Development Hoard <br />approval & governmental body approval. <br />G-3 <br />