Business  |  Tax Incentives

Lightning Propco I, LLC & Micro Electronics, Inc.
Agreement #023-17-04
Zone 023

Agreement Information

Community: Columbus      ODOD Status: Active
County: Franklin      Agrmt Date: 10/11/2016
Local School District: Columbus City Schools      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2024
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $2,670,000.00
Exemptions $2,670,000.00

Personal Property

M & E F & F Inventory Total


Variable Rate Rate Term
Real No % yrs
Personal No % yrs


From Out of State: No State: Jobs: 0
In State: No Community: Jobs: 0
Waiver Issued by ODOD: None


Existing Employment Job and Payroll Commitments
Employment at site:      Number Payroll
Employment in Ohio:      Retained
     Fulltime Permanent 5 $3,005,612.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 110      Cumulative Taxes
Jobs Created: 5 Real Property Taxes Paid: $743,956.62
Jobs Retained: 105 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $598.00 Personal Property Taxes Paid: $0.00
New Payroll: $146,691.15 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $2,641,084.00 Other Tax Incentives: $0.00
Personal Property: $1,265,814.19 TIRC Date: 8/23/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $336,633.10 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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