Business  |  Tax Incentives


TIME WARNER CABLE MIDWEST LLC
Agreement #023-06-04
Zone 023


Agreement Information

Community: COLUMBUS      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 5/31/2006
Local School District:      Amend. Date:
Nature of Business: CABLE, INTERNET & DIGITAL PHONE      Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 517510

Real Property

Acquisition Improvements New Construction Total
Investments $1,000,000.00 $0.00 $19,000,000.00 $20,000,000.00
Exemptions $0.00 $19,000,000.00 $19,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $0.00% 0 yrs
 

Relocations

From Out of State: No State: Jobs:
In State: No Community: Jobs:
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 450      Number Payroll
Employment in Ohio: 3276      Retained 450 $17,300,000.00
     Fulltime Permanent 153 $6,119,360.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 947      Cumulative Taxes
Jobs Created: 497 Real Property Taxes Paid: $1,079,897.26
Jobs Retained: 450 Real Property Taxes Forgone: $2,762,347.16
Total FTE in Ohio: $6,986.00 Personal Property Taxes Paid: $0.00
New Payroll: $14,854,737.42 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $39,376,240.00 Other Tax Incentives: $0.00
Personal Property: $43,269,661.28 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $119,122.74 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $320,662.82
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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