Business  |  Tax Incentives


Home Depot U.S.A., Inc.
Agreement #163-09-01
Zone 163


Agreement Information

Community: ALLEN (TOWNSHIP OF)      ODOD Status: Active
County: HANCOCK      Agrmt Date: 8/17/2009
Local School District:      Amend. Date:
Nature of Business: Warehousing      Expiration Date: 12/31/2020
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 493190

Real Property

Acquisition Improvements New Construction Total
Investments $3,000,000.00 $2,500,000.00 $27,500,000.00 $33,000,000.00
Exemptions $1,500,000.00 $16,500,000.00 $18,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $6,000,000.00 $0.00 $0.00 $6,000,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 10 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 300 $6,789,120.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 48 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 528      Cumulative Taxes
Jobs Created: 528 Real Property Taxes Paid: $956,088.15
Jobs Retained: 0 Real Property Taxes Forgone: $1,398,411.75
Total FTE in Ohio: $5,252.00 Personal Property Taxes Paid: $0.00
New Payroll: $14,852,142.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $26,000,000.00 Other Tax Incentives: $1,398,411.75
Personal Property: $15,842,804.00 TIRC Date: 3/5/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $133,333.50 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $196,389.19
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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