Business  |  Tax Incentives


Wood Co Building, LLC and Wood Operating Company, LLC
Agreement #023-10-03
Zone 023


Agreement Information

Community: COLUMBUS      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 6/1/2010
Local School District:      Amend. Date:
Nature of Business: Commercial Real Estate      Expiration Date: 12/31/2024
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 236115

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $200,000.00 $400,000.00 $600,000.00
Exemptions $150,000.00 $300,000.00 $450,000.00
 

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% 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: 13      Number Payroll
Employment in Ohio: 13      Retained 12 $551,000.00
     Fulltime Permanent 3 $111,300.00
     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: 16      Cumulative Taxes
Jobs Created: 4 Real Property Taxes Paid: $217,106.00
Jobs Retained: 12 Real Property Taxes Forgone: $14,840.00
Total FTE in Ohio: $16.00 Personal Property Taxes Paid: $0.00
New Payroll: $204,328.50 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $5,238,498.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $41,693.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $14,840.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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