Business  |  Tax Incentives


554, LLC Agreement #07-001 
CRA # 169-86548-01
Agreement Information
Community: WOOSTER      ODOD Status: Active
County: WAYNE      Agrmt Date: 1/4/2007
Local School District: WOOSTER CITY SD      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property
Acquisition Improvements New Construction Total
Investments $190,000.00 $1,100,000.00 $0.00 $1,290,000.00
Exemptions $1,100,000.00 $0.00 $1,100,000.00
 

Real Property Tax Incentives
Percentage  100 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00

Employment
Job and Payroll Commitments
Number Payroll
Retained 5 $609,900.00
Fulltime Permanent 0 $0.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 0 months

Performance/Compliance
 
Agreement Status is: Active
Total full time equivalents at Site: 23      Cumulative Taxes
Jobs Created: 15 Real Property Taxes Paid: $28,072.91
Jobs Retained: 5 Real Property Taxes Forgone: $98,927.18
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $921,169.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $850,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 5/11/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $4,092.26 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $13,463.82
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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