Business  |  Tax Incentives


Community Improvement Corporation of Ashland
Agreement #037-06-01
Zone 037


Agreement Information

Community: ASHLAND      ODOD Status: Active
County: ASHLAND      Agrmt Date: 10/31/2006
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3069

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,000,000.00 $2,000,000.00
Exemptions $0.00 $2,000,000.00 $2,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $1,175,000.00 $100,000.00 $500,000.00 $1,775,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $0.00% 0 yrs
Personal No $50.00% 10 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: 0      Number Payroll
Employment in Ohio: 0      Retained 0 $0.00
     Fulltime Permanent 50 $1,275,000.00
     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: 58      Cumulative Taxes
Jobs Created: 36 Real Property Taxes Paid: $139,634.00
Jobs Retained: 0 Real Property Taxes Forgone: $124,730.58
Total FTE in Ohio: $58.00 Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $2,311,831.00 Other Tax Incentives: $0.00
Personal Property: $2,274,779.00 TIRC Date: 9/8/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $19,137.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $17,409.58
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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