Business  |  Tax Incentives


SHIBO GROUP DBA LYMAN HARBOR MARINA
Agreement #124-01-01
Zone 124


Agreement Information

Community: SANDUSKY      ODOD Status: Active
County: ERIE      Agrmt Date: 5/24/2001
Local School District:      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2015
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 23.0000 SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $2,542,053.00 $0.00 $2,542,053.00
Exemptions $2,542,053.00 $0.00 $2,542,053.00
 

Personal Property

M & E F & F Inventory Total
Investments $352,314.00 $0.00 $45,675.00 $397,989.00
Exemptions $352,314.00 $0.00 $45,675.00 $352,314.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 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 5 $197,000.00
     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: 25      Cumulative Taxes
Jobs Created: 25 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $159,503.03
Total FTE in Ohio: $25.00 Personal Property Taxes Paid: $4,023.00
New Payroll: $199,000.00 Personal Prop. Taxes Forgone: $15,480.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $1,200,000.00 Other Tax Incentives: $281,000.00
Personal Property: $800,000.00 TIRC Date: 3/2/2016
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $14,238.61
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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