Business  |  Tax Incentives


Mike Albert Leasing, Inc. & Betagole, LLC
Agreement #044-11-01
Zone 044


Agreement Information

Community: EVENDALE      ODOD Status: Active
County: HAMILTON      Agrmt Date: 8/10/2011
Local School District:      Amend. Date:
Nature of Business: fleet maintenance      Expiration Date: 12/31/2023
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 532112

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $1,300,000.00 $0.00 $1,300,000.00
Exemptions $975,000.00 $0.00 $975,000.00
 

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% 8 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: 154      Number Payroll
Employment in Ohio: 154      Retained 154 $8,975,804.00
     Fulltime Permanent 500 $2,191,000.00
     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: 157      Cumulative Taxes
Jobs Created: 9 Real Property Taxes Paid: $107,027.00
Jobs Retained: 148 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $197.00 Personal Property Taxes Paid: $0.00
New Payroll: $154,523.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $1,157,046.00 Other Tax Incentives: $0.00
Personal Property: $216,345.00 TIRC Date: 6/9/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $31,117.44 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
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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