Business  |  Tax Incentives


X-MIL., INC.
Agreement #183-05-01
Zone 183


Agreement Information

Community: MOUNT ORAB      ODOD Status: Active
County: BROWN      Agrmt Date: 11/2/2005
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 32700

Real Property

Acquisition Improvements New Construction Total
Investments $66,000.00 $0.00 $350,000.00 $416,000.00
Exemptions $0.00 $350,000.00 $350,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $194,000.00 $0.00 $2,000.00 $196,000.00
Exemptions $194,000.00 $0.00 $2,000.00 $194,000.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $75.00% 10 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: 11      Number Payroll
Employment in Ohio: 11      Retained 11 $241,045.00
     Fulltime Permanent 12 $249,000.00
     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: 15      Cumulative Taxes
Jobs Created: 4 Real Property Taxes Paid: $19,706.32
Jobs Retained: 11 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $15.00 Personal Property Taxes Paid: $0.00
New Payroll: $66,896.33 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $416,000.00 Other Tax Incentives: $0.00
Personal Property: $194,000.00 TIRC Date: 3/22/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $2,436.94 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: $0.00

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