Common Contracts
1 similar Enterprise Zone Agreement contracts
ENTERPRISE ZONE AGREEMENT SINGLETON REELS, INC. PROJECT SUMMARYEnterprise Zone Agreement • May 8th, 2022
This tax incentive is for real property only. Proposed investments include: Amount of Investments Eligible Amounts Land $ 500,000 - 0 – New Construction $6,600,000 $6,600,000 Machinery & Equipment $ 400,000 - 0 – Furniture/Fixtures $ 50,000 - 0 – Total $7,550,000 $6,600,000 Full-Time Part-Time Jobs related to project include: Permanent Permanent New jobs (3 years) 7 0 Retained jobs 19 1 Total positions 26 1 Payroll related to the project: Full-time New Payroll Permanent$ 620,000 Retained Payroll $1,515,000 Total Payroll $2,135,000 Proposed tax exemption: Percent Term Real Property 80% 15 years
