Business  |  Tax Incentives


MENARD, INC.
Agreement #227-05-02
Zone 227


Agreement Information

Community: HOLIDAY CITY      ODOD Status: Active
County: WILLIAMS      Agrmt Date: 6/8/2005
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2018
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 40.0000 SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $4,954,800.00 $0.00 $18,373,800.00 $23,328,600.00
Exemptions $0.00 $18,373,800.00 $18,373,800.00
 

Personal Property

M & E F & F Inventory Total
Investments $16,072,100.00 $1,565,600.00 $21,600,000.00 $39,237,700.00
Exemptions $16,072,100.00 $1,565,000.00 $21,600,000.00 $17,637,100.00
 

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: 400      Retained 0 $0.00
     Fulltime Permanent 250 $7,518,000.00
     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: 824      Cumulative Taxes
Jobs Created: 266 Real Property Taxes Paid: $497,177.77
Jobs Retained: 0 Real Property Taxes Forgone: $3,204,901.46
Total FTE in Ohio: $2,091.00 Personal Property Taxes Paid: $0.00
New Payroll: $10,351,014.92 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $83,619,534.00 Other Tax Incentives: $0.00
Personal Property: $43,436,871.00 TIRC Date: 3/22/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $43,115.97 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $295,422.60
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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