Georgia Incentives Appendix HQ2

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by  Atlanta HQ2 website

State
Total Value Net Present Value
Mega Project Tax Credits $1,296,093,750 $1,060,590,504
Sales Tax Exemption on
$320,400,000 $302,264,151
Construction Materials
Amazon Academy of Georgia $161,365,495 $152,231,599
State Grant $100,000,000 $94,339,623
Total State Incentives $1,877,859,245 $1,609,425,876
Local
Total Value Net Present Value
Lease Purchase for Property Tax
$57,156,000 $36,217,130
Abatement
Local Grant $25,000,000 $18,400,218
Impact Fees $5,250,000 $4,952,830
Total Local Incentives $87,406,000 $59,570,178
Total Value Net Present Value
Total Incentives (possible to
$1,965,265,245 $1,668,996,054
estimate at this time)
Amazon HQ2 Proposed Project Details
Incremental
2019/2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Sum of Years Reported Numbers
Building (sqft) 500,000 500,000 ### 500,000 500,000 600,000 600,000 600,000 600,000 600,000 600,000 380,000 380,000 380,000 380,000 380,000 8,000,000 8,000,000
Investment $ 300,000,000 $ 300,000,000 $ 300,000,000 $ 300,000,000 $ 300,000,000 $ 360,000,000 $ 360,000,000 $ 360,000,000 $ 360,000,000 $ 360,000,000 $ 360,000,000 $ 228,000,000 $ 228,000,000 $ 228,000,000 $ 228,000,000 $ 228,000,000 $ 4,800,000,000
Employment 2,500 3,125 3,125 3,125 3,125 3,750 3,750 3,750 3,750 3,750 3,750 2,375 2,375 2,375 2,375 2,375 49,375 50,000
Payroll $ 250,000,000 $ 312,500,000 $ 312,500,000 $ 312,500,000 $ 312,500,000 $ 375,000,000 $ 375,000,000 $ 375,000,000 $ 375,000,000 $ 375,000,000 $ 375,000,000 $ 237,500,000 $ 237,500,000 $ 237,500,000 $ 237,500,000 $ 237,500,000 $ 4,937,500,000
Cumulative
2019/2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16
Building (sqft) 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,100,000 3,700,000 4,300,000 4,900,000 5,500,000 6,100,000 6,480,000 6,860,000 7,240,000 7,620,000 8,000,000
Investment $ 300,000,000 $ 600,000,000 $ 900,000,000 $ 1,200,000,000 $ 1,500,000,000 $ 1,860,000,000 $ 2,220,000,000 $ 2,580,000,000 $ 2,940,000,000 $ 3,300,000,000 $ 3,660,000,000 $ 3,888,000,000 $ 4,116,000,000 $ 4,344,000,000 $ 4,572,000,000 $ 4,800,000,000
Employment 2,500 5,625 8,750 11,875 15,000 18,750 22,500 26,250 30,000 33,750 37,500 39,875 42,250 44,625 47,000 49,375
Payroll $ 250,000,000 $ 562,500,000 $ 875,000,000 $ 1,187,500,000 $ 1,500,000,000 $ 1,875,000,000 $ 2,250,000,000 $ 2,625,000,000 $ 3,000,000,000 $ 3,375,000,000 $ 3,750,000,000 $ 3,987,500,000 $ 4,225,000,000 $ 4,462,500,000 $ 4,700,000,000 $ 4,937,500,000
Mega Tax Credit
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 Total
Credits from 2019 jobs $ 6,562,500.00 $ 6,562,500.00 $ 6,562,500.00 $ 6,562,500.00 $ 6,562,500.00
Credits from 2020 jobs $ 6,562,500.00 $ 6,562,500.00 $ 6,562,500.00 $ 6,562,500.00 $ 6,562,500.00
Credits from 2021 jobs $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00
Credits from 2022 jobs $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00
Credits from 2023 jobs $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00
Credits from 2024 jobs $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00 $ 16,406,250.00
Credits from 2025 jobs $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00
Credits from 2026 jobs $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00
Credits from 2027 jobs $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00
Credits from 2028 jobs $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00
Credits from 2029 jobs $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00
Credits from 2030 jobs $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00 $ 19,687,500.00
Credits from 2031 jobs $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00
Credits from 2032 jobs $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00
Credits from 2033 jobs $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00
Credits from 2034 jobs $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00
Credits from 2035 jobs $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00 $ 12,468,750.00
Total Credits for Tax Year $6,562,500 $13,125,000 $29,531,250 $45,937,500 $62,343,750 $72,187,500 $85,312,500 $88,593,750 $91,875,000 $95,156,250 $98,437,500 $98,437,500 $91,218,750 $84,000,000 $76,781,250 $69,562,500 $62,343,750 $49,875,000 $37,406,250 $24,937,500 $12,468,750 $1,296,093,750
Total Value Net Present Value Discount Rate
Mega Tax Credit $ 1,296,093,750 $ 1,060,590,504 6%
Amazon HQ2 Proposed Project Details
Incremental
2019/2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Sum of Years Reported Numbers
Building (sqft) 500,000 500,000 ### 500,000 500,000 600,000 600,000 600,000 600,000 600,000 600,000 380,000 380,000 380,000 380,000 380,000 8,000,000 8,000,000
Investment $ 300,000,000 $ 300,000,000 $ 300,000,000 $ 300,000,000 $ 300,000,000 $ 360,000,000 $ 360,000,000 $ 360,000,000 $ 360,000,000 $ 360,000,000 $ 360,000,000 $ 228,000,000 $ 228,000,000 $ 228,000,000 $ 228,000,000 $ 228,000,000 $ 4,800,000,000
Employment 2,500 3,125 3,125 3,125 3,125 3,750 3,750 3,750 3,750 3,750 3,750 2,375 2,375 2,375 2,375 2,375 49,375 50,000
Payroll $ 250,000,000 $ 312,500,000 $ 312,500,000 $ 312,500,000 $ 312,500,000 $ 375,000,000 $ 375,000,000 $ 375,000,000 $ 375,000,000 $ 375,000,000 $ 375,000,000 $ 237,500,000 $ 237,500,000 $ 237,500,000 $ 237,500,000 $ 237,500,000 $ 4,937,500,000
Cumulative
2019/2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16
Building (sqft) 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,100,000 3,700,000 4,300,000 4,900,000 5,500,000 6,100,000 6,480,000 6,860,000 7,240,000 7,620,000 8,000,000
Investment $ 300,000,000 $ 600,000,000 $ 900,000,000 $ 1,200,000,000 $ 1,500,000,000 $ 1,860,000,000 $ 2,220,000,000 $ 2,580,000,000 $ 2,940,000,000 $ 3,300,000,000 $ 3,660,000,000 $ 3,888,000,000 $ 4,116,000,000 $ 4,344,000,000 $ 4,572,000,000 $ 4,800,000,000
Employment 2,500 5,625 8,750 11,875 15,000 18,750 22,500 26,250 30,000 33,750 37,500 39,875 42,250 44,625 47,000 49,375
Payroll $ 250,000,000 $ 562,500,000 $ 875,000,000 $ 1,187,500,000 $ 1,500,000,000 $ 1,875,000,000 $ 2,250,000,000 $ 2,625,000,000 $ 3,000,000,000 $ 3,375,000,000 $ 3,750,000,000 $ 3,987,500,000 $ 4,225,000,000 $ 4,462,500,000 $ 4,700,000,000 $ 4,937,500,000
Sales & Use Tax Exemption on Construction Materials
Estimated Percentage of 75.0%
Investment that is Materials
8.9%
Sales Tax Rate for City of Atlanta
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Value of Exemption $ 10,012,500 $ 10,012,500 $ 20,025,000 $ 20,025,000 $ 20,025,000 $ 20,025,000 $ 24,030,000 $ 24,030,000 $ 24,030,000 $ 24,030,000 $ 24,030,000 $ 24,030,000 $ 15,219,000 $ 15,219,000 $ 15,219,000 $ 15,219,000 $ 15,219,000
Total Value Net Present Value Discount Rate
Sales & Use Tax Exemption
$ 320,400,000 $ 302,264,151 6%
on Construction Materials
One-Time/
10 Year Total 10 Year NPV
Amazon Workforce, Education, and Relocating Incentives Annual Benefits
Amazon Academy (On-Site, Georgia Tech, Augusta, and Virtual Campuses)
I. University System of Georgia Degree and Continuing Education $ 32,120,000 $ 96,200,000 $ 90,754,717
Programs (Amazon Campus, Georgia Tech Campus, Virtual Campus)
a. Design and construction of facility and equipment purchase to meet $ 24,000,000 $ 24,000,000 $ 22,641,509
customized training needs
b. Program Development (One-time One year Costs) $ 1,000,000 $ 1,000,000 $ 943,396
c. Professors and operating costs for newly established Specialized Degree $ 5,000,000 $ 50,000,000 $ 47,169,811
dTr.a 2c0k,s000 sq. ft. of dedicated space located on Georgia Tech campus $ 720,000 $ 7,200,000 $ 6,792,453
e. Design and Development of Simulations for Cloud Based Learning $ 1,200,000 $ 12,000,000 $ 11,320,755
f. Dedicated Amazon Liaison to provide continuous program feedback and $ 100,000 $ 1,000,000 $ 943,396
improvements
g. Continuous On-Campus Recruiting $ 100,000 $ 1,000,000 $ 943,396
II. Technical College System of Georgia Customized Training Programs $ 6,200,000 $ 53,000,000 $ 50,000,000
(Amazon Campus and Other Technical College Facilities)
a. Ongoing instructors and operations costs $ 4,000,000 $ 40,000,000 $ 37,735,849
b. Equipment refreshment to meet changing technology needs $ 1,200,000 $ 12,000,000 $ 11,320,755
c. Curriculum development deployed to technical college's statewide to $ 1,000,000 $ 1,000,000 $ 943,396
broaden Amazon recruitment network
III. Hull McKnight Georgia Cyber Innovation and Training Center Space $ 1,040,000 $ 12,165,495 $ 11,476,882
(Augusta Campus)
a. 15,000 sq. ft. of dedicated space in the Hull McKnight Georgia Cyber $ 540,000 $ 7,165,495 $ 6,759,901
Innovation and Training Center
b. Access to cyber range and various resources located at the center. $ 500,000 $ 5,000,000 $ 4,716,981
Total Potential Incentives $ 39,360,000 $ 161,365,495 $ 152,231,599
Amazon HQ2 Proposed Project Details
Incremental
2019/2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Sum of Years Reported Numbers
Building (sqft) 500,000 500,000 ### 500,000 500,000 600,000 600,000 600,000 600,000 600,000 600,000 380,000 380,000 380,000 380,000 380,000 8,000,000 8,000,000
Investment $300,000,000 $300,000,000 $300,000,000 $300,000,000 $300,000,000 $360,000,000 $360,000,000 $360,000,000 $360,000,000 $360,000,000 $360,000,000 $228,000,000 $228,000,000 $228,000,000 $228,000,000 $228,000,000 $4,800,000,000
Employment 2,500 3,125 3,125 3,125 3,125 3,750 3,750 3,750 3,750 3,750 3,750 2,375 2,375 2,375 2,375 2,375 49,375 50,000
Payroll $250,000,000 $312,500,000 $312,500,000 $312,500,000 $312,500,000 $375,000,000 $375,000,000 $375,000,000 $375,000,000 $375,000,000 $375,000,000 $237,500,000 $237,500,000 $237,500,000 $237,500,000 $237,500,000 $4,937,500,000
Cumulative
2019/2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16
Building (sqft) 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,100,000 3,700,000 4,300,000 4,900,000 5,500,000 6,100,000 6,480,000 6,860,000 7,240,000 7,620,000 8,000,000
Investment $300,000,000 600,000,000 900,000,000 1,200,000,000 1,500,000,000 1,860,000,000 2,220,000,000 2,580,000,000 2,940,000,000 3,300,000,000 3,660,000,000 3,888,000,000 4,116,000,000 4,344,000,000 4,572,000,000 4,800,000,000
Employment 2,500 5,625 8,750 11,875 15,000 18,750 22,500 26,250 30,000 33,750 37,500 39,875 42,250 44,625 47,000 49,375
Payroll $250,000,000 562,500,000 875,000,000 1,187,500,000 1,500,000,000 1,875,000,000 2,250,000,000 2,625,000,000 3,000,000,000 3,375,000,000 3,750,000,000 3,987,500,000 4,225,000,000 4,462,500,000 4,700,000,000 4,937,500,000
State Grant (REBA)
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
State Grant* $ 100,000,000
*The value will be disbersed to Amazon HQ2, via the local development authority (likely Invest Atlanta), as the company provides evidence of eligible expenses.
Total Value Net Present Value Discount Rate
State Grant $ 100,000,000 $ 94,339,623 6%
Amazon HQ2 Proposed Project Details
Incremental
2019/2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Sum of Years Reported Numbers
Building (sqft) 500,000 500,000 ### 500,000 500,000 600,000 600,000 600,000 600,000 600,000 600,000 380,000 380,000 380,000 380,000 380,000 8,000,000 8,000,000
Investment $300,000,000 $300,000,000 $300,000,000 $300,000,000 $300,000,000 $360,000,000 $360,000,000 $360,000,000 $360,000,000 $360,000,000 $360,000,000 $228,000,000 $228,000,000 $228,000,000 $228,000,000 $228,000,000$4,800,000,000
Employment 2,500 3,125 3,125 3,125 3,125 3,750 3,750 3,750 3,750 3,750 3,750 2,375 2,375 2,375 2,375 2,375 49,375 50,000
Payroll $250,000,000 $312,500,000 $312,500,000 $312,500,000 $312,500,000 $375,000,000 $375,000,000 $375,000,000 $375,000,000 $375,000,000 $375,000,000 $237,500,000 $237,500,000 $237,500,000 $237,500,000 $237,500,000$4,937,500,000
Cumulative
2019/2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16
Building (sqft) 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,100,000 3,700,000 4,300,000 4,900,000 5,500,000 6,100,000 6,480,000 6,860,000 7,240,000 7,620,000 8,000,000
Investment $ 300,000,000 $ 600,000,000 $ 900,000,000 $ 1,200,000,000 $ 1,500,000,000 $ 1,860,000,000 $ 2,220,000,000 $ 2,580,000,000 $ 2,940,000,000 $ 3,300,000,000 $ 3,660,000,000 $ 3,888,000,000 $ 4,116,000,000 $ 4,344,000,000 $ 4,572,000,000 $ 4,800,000,000
Employment 2,500 5,625 8,750 11,875 15,000 18,750 22,500 26,250 30,000 33,750 37,500 39,875 42,250 44,625 47,000 49,375
Payroll $ 250,000,000 $ 562,500,000 $ 875,000,000 $ 1,187,500,000 $ 1,500,000,000 $ 1,875,000,000 $ 2,250,000,000 $ 2,625,000,000 $ 3,000,000,000 $ 3,375,000,000 $ 3,750,000,000 $ 3,987,500,000 $ 4,225,000,000 $ 4,462,500,000 $ 4,700,000,000 $ 4,937,500,000
Ltaexa sinec Peunrtcivhea)se Bond (for property 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032Total
Value* $ - $ - ### $ - $ 10,392,000 $ 9,352,800 $ 8,313,600 $ 7,274,400 $ 6,235,200 $ 5,196,000 $ 4,156,800 $ 3,117,600 $ 2,078,400 $ 1,039,200 $ 57,156,000
*This assumes the company will move out of temporary space and into its new building(s) beginning in 2023. This timeframe will be adjusted as the company’s construction schedule is solidified.
Total Value Net Present Value Discount Rate
Lease Purchase $ 57,156,000 $ 36,217,130 6%
Jobs 50,000
Millage Rates 0.00148 0.00888 0.0005 0.000025 0.021715 0.005 0.005 0.00025 0.01045
Atlanta
2016 Assessed Gross Up Assessed Assesed Value Atlanta School Fulton Fulton TOTAL
2016 FMV Value Value Abated FMV Foregone Bonds Atlanta GeneralAtlanta Parks Bond Atlanta SchoolMidtown CIDAtlanta DID Bonds Operating ABATEMENT
LP-Yr 1 $ 1,200,000,000 $ 240,000,000 $ 600,000,000 $ 600,000,000 $ 240,000,000 $ 355,200 $ 2,131,200 $ 120,000 $ 6,000 $ 5,211,600 $ - $ - $ 60,000 $ 2,508,000 $ 10,392,000
LP-Yr 2 $ 1,200,000,000 $ 264,000,000 $ 660,000,000 $ 540,000,000 $ 216,000,000 $ 319,680 $ 1,918,080 $ 108,000 $ 5,400 $ 4,690,440 $ - $ - $ 54,000 $ 2,257,200 $ 9,352,800
LP-Yr 3 $ 1,200,000,000 $ 288,000,000 $ 720,000,000 $ 480,000,000 $ 192,000,000 $ 284,160 $ 1,704,960 $ 96,000 $ 4,800 $ 4,169,280 $ - $ - $ 48,000 $ 2,006,400 $ 8,313,600
LP-Yr 4 $ 1,200,000,000 $ 312,000,000 $ 780,000,000 $ 420,000,000 $ 168,000,000 $ 248,640 $ 1,491,840 $ 84,000 $ 4,200 $ 3,648,120 $ - $ - $ 42,000 $ 1,755,600 $ 7,274,400
LP-Yr 5 $ 1,200,000,000 $ 336,000,000 $ 840,000,000 $ 360,000,000 $ 144,000,000 $ 213,120 $ 1,278,720 $ 72,000 $ 3,600 $ 3,126,960 $ - $ - $ 36,000 $ 1,504,800 $ 6,235,200
LP-Yr 6 $ 1,200,000,000 $ 360,000,000 $ 900,000,000 $ 300,000,000 $ 120,000,000 $ 177,600 $ 1,065,600 $ 60,000 $ 3,000 $ 2,605,800 $ - $ - $ 30,000 $ 1,254,000 $ 5,196,000
LP-Yr 7 $ 1,200,000,000 $ 384,000,000 $ 960,000,000 $ 240,000,000 $ 96,000,000 $ 142,080 $ 852,480 $ 48,000 $ 2,400 $ 2,084,640 $ - $ - $ 24,000 $ 1,003,200 $ 4,156,800
LP-Yr 8 $ 1,200,000,000 $ 408,000,000 $ 1,020,000,000 $ 180,000,000 $ 72,000,000 $ 106,560 $ 639,360 $ 36,000 $ 1,800 $ 1,563,480 $ - $ - $ 18,000 $ 752,400 $ 3,117,600
LP-Yr 9 $ 1,200,000,000 $ 432,000,000 $ 1,080,000,000 $ 120,000,000 $ 48,000,000 $ 71,040 $ 426,240 $ 24,000 $ 1,200 $ 1,042,320 $ - $ - $ 12,000 $ 501,600 $ 2,078,400
LP-Yr 10 $ 1,200,000,000 $ 456,000,000 $ 1,140,000,000 $ 60,000,000 $ 24,000,000 $ 35,520 $ 213,120 $ 12,000 $ 600 $ 521,160 $ - $ - $ 6,000 $ 250,800 $ 1,039,200
LP-Yr 11 $ 1,200,000,000 $ 480,000,000 $ 1,200,000,000 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ -
$ 57,156,000
Amazon HQ2 Proposed Project Details
BIEPInnamuvcyieplrrdseoloitlnmmly gmee (nnesttnq atft l) $$ 2 0 1 Y e 9 a / 322r 05 01 00 2 ,, 5000 000 2000,,,,500000000000 $$ Y 2 e 0 a 233r 101 2 02 ,, 505 000 3000,,,,100020005000 $$ Y 2 e 330 a 01 2r 02 23 ,, 05 00 300#,,,100#200500# $$ Y 2 e 330 a 01 2 r 02 3 4 ,, 505 000 3000,,,,100020005000 $$ Y 2 e 330 a 01 2 r 02 4 5 ,, 505 000 3000,,,,100020005000 $$ Y 2 e 330 a 67 2 r 05 5 6 ,, 600 000 3000,,,,700050000000 $$ Y 2 e 330 a 67 2 r 05 6 7 ,, 600 000 3000,,,,700050000000 $$ Y 2 e 330 a 67 2 r 05 7 8 ,, 600 000 3000,,,,700050000000 $$ Y 2 e 33 0 a 67 2 r 05 89 ,, 600 000 3000,,,,700050000000 $$ Y 2 e 33a 0 67r 2 05 1 9 ,,0 600 000 3000,,,,700050000000 $$ Y 2 e 33a 0 67r 3 05 1 0 ,,1 600 000 3000,,,,700050000000 $$ Y 2 e 22a 0 23r 3 87 1 1 ,,2 305 800 2000,,,,300070005000 $$ Y 2 e 22a 0 23r 3 87 1 2 ,,3 305 800 2000,,,,300070005000 $$ Y 2 e 22a 0 23r 3 87 1 3 ,,4 305 800 2000,,,,300070005000 $$ Y 2 e 22a 0 23r 3 87 1 4 ,,5 305 800 2000,,,,300070005000 $$ Y 2 e 22a 0 23r 3 87 1 5 ,,6 305 800 2000,,,,300070005000 $$ S u m 44 ,, 89o 03f 078Y ,,e, 050a 0040r0090s,, ,,003000700050 R e p o r t e d N 8u ,m 0 50b00e,,r00s00 00
B IEPCnuamuviylmedprsoilunotlmlygl am e(tsneiqvtnf ett) $$ 2 0 1 Y e 9 a / 322r 05 01 00 2 ,, 5000 000 2000,,,,500000000000 $$ Y 2 e 0 a 2 65r 106 2 102 ,,, 005 000 5000,,,,600020005000 $$ Y 2 e 980 a 07 2 r 105 23 ,,, 500 000 8000,,,,700050000000 $$ 11 Y2 ,,e 210 a 082 r 207 34 ,,, 005 10001000,,,,800070005000 $$ 11 Y2 ,,e 550 a 002 r 200 45 ,,, 500 10005000,,,,000000000000 $$ 11 Y2 ,,e 880 a 672 r 305 56 ,,, 100 10008000,,,,700050000000 $$ 22 Y2 ,,e 220 a 252 r 300 67 ,,, 700 20002000,,,,500000000000 $$ 22 Y2 ,,e 560 a 822 r 405 78 ,,, 300 20006000,,,,200050000000 $$ 23 Y2 ,,e 900 a 40 2 r 400 89 ,,, 900 30000000,,,,000000000000 $$ Y33 2e ,, 33a0 07r 2 5051 9 ,,,0 500 30003000,,,,700050000000 $$ Y33 2e ,, 67a0 65r 3 6001 0 ,,,1 100 30007000,,,,500000000000 $$ Y33 2e ,, 89a0 88r 3 6871 1 ,,,2 405 38009000,,,,800070005000 $$ Y44 2e ,, 12a0 12r 3 6651 2 ,,,3 800 46002000,,,,200050000000 $$ Y44 2e ,, 34a0 46r 3 7421 3 ,,,4 205 44004000,,,,600020005000 $$ Y44 2e ,, 57a0 70r 3 7201 4 ,,,5 600 42007000,,,,000000000000 $$ Y44 2e ,, 89a0 03r 3 8071 5 ,,,6 005 40009000,,,,300070005000
*VLTaohlciusae ld* iG strraibnutt (ioEnc osnchoemdiucl eO ips pfoorr teuxnami t$yp l Fe u p n u d r p) o2 s0 e 1 s 9 o2n,5ly0. 0T,h0e0 0a c t$u a l d i s t r ib 2 u 0 t i2 o 0n 2 s,5ch0e0d,0u0le0 w i$ll b e n e 2g 0o t2 i2a1,t5e0d0 i,n0 0a0 G r a$n t A g r e2 e 0 m 2 2e2,n5t0 w0,i0th0 0In v e$s t A t l a 2n t0 a 2 .2 3A,5ll0 E0c,0o0n0o m i$c O p p o r2 t 0u n2 2i4t,y5 0F0u,n0d0 0G ra $n t s a r e 2s u0 b2 2j5e,c5t0 0to,0 t0h0e a p$p r o v a l 2 o 0 f 2 t2h6,e5 0A0tl,a0n0t0a C $it y C o u n2 c0 i l2 2a7,n5d0 0th,0e0 I0n ve $s t A t l a n 2 t a0 2 B28o,5a0rd0 ,o0f0 D0 irectors.2029 2030 2031 2032 2033 2034 $ 25,000,000
Economic Opportunity Fund $ T o t a l2 V5a,0lu0e0,000 $N e t P r e s1e8n,t4 0V0a,l2u1e8 Discou6n%t Rate
Amazon HQ2 Proposed Project Details
BIEPInnamuvcyieplrrdseoloitlnmmly gmee (nnesttnq atft l) 2 0 1 9 / 2 0 2 Y 0 e$$ a32 r 05 100 5 ,, 00 0 002000,,50,,0000000000 Y e$$ a 33 r 01 202 5,, 05 0 003000,,210,,0002000250001 Y e$$ a 33 r 01 302 5,, 05 0 003000,,210,,0002000250002 Y e$$ a 33 r 01 402 5,, 05 0 003000,,210,,0002000250003 Y e$$ a 33 r 01 502 5,, 05 0 003000,,210,,0002000250004 Y e$$ a 33 r 67 605 6,, 00 0 003000,,270,,0005000200005 Y e$$ a 33 r 67 705 6,, 00 0 003000,,270,,0005000200006 Y e$$ a 33 r 67 805 6,, 00 0 003000,,270,,0005000200007 Y e$$ a 33 r 67 905 6,, 00 0 003000,,270,,0005000200008 Y e $$ a 33 r 67 1 05 0 6,, 00 0 003000,,270,,0005000200009 Y e $$ a 33 r 67 1 05 1 6,, 00 0 003000,,270,,0005000300000 Y e $$ a 22 r 23 1 87 2 3,, 05 8 002000,,230,,0007000350001 Y e $$ a 22 r 23 1 87 3 3,, 05 8 002000,,230,,0007000350002 Y e $$ a 22 r 23 1 87 4 3,, 05 8 002000,,230,,0007000350003 Y e $$ a 22 r 23 1 87 5 3,, 05 8 002000,,230,,0007000350004 Y e $$ a 22 r 23 1 87 6 3,, 05 8 002000,,230,,0007000350005 S u$$ 44m ,, 89 o 03 8f 07 ,Y 0,, e0540a0090r00,,s30,, 0070005000 R e p o r t e d N 8 ,u 0 m5000b,,e00r00s00
B IEPCnuamuviylmedprsoilunotlmlygl am e(tsneiqvtnf ett) $$ 2 0 1 Y e 9 32 a / 05 2r 00 01 ,, 500 2 0000 2000,,,,500000000000 $$ Y 2 e 065 a 062 r 1021 2 ,,, 005 000 5000,,,,600020005000 $$ Y 2 e 0 98 a 207 r 1052 3 ,,, 500 000 8000,,,,700050000000 $$ 11Y 2 e ,, 021 a 082r 2073 4 ,,, 005 10001000,,,,800070005000 $$ 11Y 2 e ,, 0 55 a 200r 2004 5 ,,, 500 10005000,,,,000000000000 $$ 11Y 2 e ,, 088 a 672r 3055 6 ,,, 100 10008000,,,,700050000000 $$ 22Y 2 e ,, 022 a 252r 3006 7 ,,, 700 20002000,,,,500000000000 $$ 22Y 2 e ,, 0 56 a 282r 4057 8 ,,, 300 20006000,,,,200050000000 $$ 23Y 2 e ,, 090 a 402r 4008 9 ,,, 900 30000000,,,,000000000000 $$ Y 33 2e ,, a0 33 r 207 15059 0,,, 500 30003000,,,,700050000000 $$ Y 33 2 e ,, a 067 r 653 60010 ,,,1 100 30007000,,,,500000000000 $$ Y 33 2 e ,, a 089 r 883 68711 ,,,2 405 38009000,,,,800070005000 $$ Y 44 2e ,, a0 12 r 123 65162 ,,3, 008 00460020,,,,002000500000 $$ Y 44 2 e ,, a 034 r 463 74213 ,,,4 205 44004000,,,,600020005000 $$ Y 44 2e ,, a0 57 r 370 17204 5,,, 600 42007000,,,,000000000000 $$ Y 44 2 e ,, a 089 r 033 80715 ,,,6 005 40009000,,,,300070005000
IEmstpimaactte Fde veaslue $ 2 0 1 59,250,000 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 5,250,000
Impact Fees $ T o t a l 5V,a2l5u0e,000 $N e t P r e s e4n,9t 5V2a,l8u3e0 Discou6n%t Rate
City of Atlanta
Incentives $ 87,406,000
City of Atlanta Infrastructure Investment $ 2,227,006,075
Big Ideas Around Incentives $ 8,153,000
Total $ 2,412,565,075