Business  |  Tax Incentives


Old Dominion Freight Line, Inc.
Agreement #038-10-02
Zone 038


Agreement Information

Community: CANTON      ODOD Status: Active
County: STARK      Agrmt Date: 8/13/2010
Local School District:      Amend. Date:
Nature of Business: industrial      Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 484120

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $5,750,000.00 $5,750,000.00
Exemptions $0.00 $4,312,500.00 $4,312,500.00
 

Personal Property

M & E F & F Inventory Total
Investments $2,800,000.00 $160,000.00 $850,000.00 $3,810,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 7 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: 0      Number Payroll
Employment in Ohio: 0      Retained 0 $0.00
     Fulltime Permanent 34 $0.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 60 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 52      Cumulative Taxes
Jobs Created: 52 Real Property Taxes Paid: $74,671.00
Jobs Retained: 0 Real Property Taxes Forgone: $140,004.00
Total FTE in Ohio: $773.00 Personal Property Taxes Paid: $0.00
New Payroll: $3,636,869.42 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $5,646,496.00 Other Tax Incentives: $0.00
Personal Property: $1,206,072.00 TIRC Date: 3/16/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $19,870.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $37,685.00
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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