Business  |  Tax Incentives


Velvet Ice Cream Company
Agreement #202-15-01
Zone 202


Agreement Information

Community: Utica      ODOD Status: Active
County: Licking      Agrmt Date: 10/21/2015
Local School District: North Fork Local SD and Career and      Amend. Date:
Nature of Business:      Expiration Date: 12/25/2025
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $500,000.00 $1,800,000.00
Exemptions $500,000.00 $1,800,000.00 $2,300,000.00
 

Personal Property

M & E F & F Inventory Total
Investments
Exemptions
 

Incentives

Variable Rate Rate Term
Real No $0.00% yrs
Personal No $0.00% 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:      Number Payroll
Employment in Ohio:      Retained 81 $391,000.00
     Fulltime Permanent 2 $64,000.00
     Fulltime Temporary
     Parttime Permanent 4 $72,000.00
Parttime Temporary
Job Creation Period: months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site:      Cumulative Taxes
Jobs Created: Real Property Taxes Paid:
Jobs Retained: Real Property Taxes Forgone:
Total FTE in Ohio: Personal Property Taxes Paid:
New Payroll: Personal Prop. Taxes Forgone:
Project Investment Local Corp Income Taxes Paid:
Real Property: Other Tax Incentives:
Personal Property: TIRC Date:
Previous Year Taxes TIRC Recommendation:
Real Property Taxes Paid: Local Gov't. Action/Status:
Real Property Taxes Forgone:
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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