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2006-049-RES- Tax Abatement Campbell Soup
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2006-049-RES- Tax Abatement Campbell Soup
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Last modified
1/29/2013 2:20:05 PM
Creation date
4/3/2006 10:25:14 AM
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CITY CLERK
Doc Name
2006
Doc Type
Resolution
CITY CLERK - Date
3/27/2006
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<br />Exhibit 0 <br />Tax Abatement for Personal Property; Creation of Jobs <br />CAMPBELL SOUP SUPPLY COMPANY LLC. <br /> <br /> <br /> Annual <br />Year Abatement Abatement % Appraised Value Abatement Amount <br /> Schedule** <br />1 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />2 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />3 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />4 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />5 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />6 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />7 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />8 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />9 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />10 100% 100.0% $ 17,700,000.00 $ 17,700,000.00 <br />11* 0% 0.0% $ 17,700,000.00 $ - <br /> <br />· Starting the 11th year the company will pay 100% of their taxes. <br /> <br />.. This schedule shows how the original abatement % is affected for a <br />specific year. (Example: During the first 3 years the company will receive <br />100% of the original abatement percentage.) <br />
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