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OLDCASTLE APG MIDWEST INC
Agreement #094-04-01
Zone 094


Agreement Information

Community: SHEFFIELD      ODOD Status: Active
County: LORAIN      Agrmt Date: 5/6/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2014
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3271

Real Property

Acquisition Improvements New Construction Total
Investments $1,800,000.00 $4,000,000.00
Exemptions $2,400,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $7,000,000.00 $200,000.00 $2,000,000.00 $9,200,000.00
Exemptions $4,200,000.00 $150,000.00 $1,200,000.00 $4,350,000.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 10 yrs
Personal No $60.00% 10 yrs
 

Relocations

From Out of State: No State: Jobs: 0
In State: No Community: Jobs: 0
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 40 $1,300,000.00
     Fulltime Temporary 0
     Parttime Permanent 4 $100,000.00
Parttime Temporary 0
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 23      Cumulative Taxes
Jobs Created: 23 Real Property Taxes Paid: $990,397.00
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $23.00 Personal Property Taxes Paid: $112,806.00
New Payroll: $1,101,125.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $4,856,011.00 Other Tax Incentives: $0.00
Personal Property: $9,272,835.00 TIRC Date: 3/16/2015
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $60,027.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: $38,974.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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