Business  |  Tax Incentives


Guardian Lima, LLC and Paladin Ethanol Acquisition Lima LLC, formerly GREATER OHIO ETHANOL LLC
Agreement #233-04-02
Zone 233


Agreement Information

Community: PERRY (TOWNSHIP OF)      ODOD Status: Active
County: ALLEN      Agrmt Date: 12/9/2004
Local School District:      Amend. Date:
Nature of Business: BIOREFINING      Expiration Date: 12/31/2022
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3251

Real Property

Acquisition Improvements New Construction Total
Investments $225,000.00 $100,000.00 $26,000,000.00 $26,325,000.00
Exemptions $100,000.00 $26,000,000.00 $26,100,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $40,000,000.00 $350,000.00 $6,500,000.00 $46,850,000.00
Exemptions $40,000,000.00 $350,000.00 $6,500,000.00 $40,350,000.00
 

Incentives

Variable Rate Rate Term
Real No $0.00% 15 yrs
Personal No $50.00% 15 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: 3      Number Payroll
Employment in Ohio: 3      Retained 0 $0.00
     Fulltime Permanent 30 $1,250,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 24 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 35      Cumulative Taxes
Jobs Created: 35 Real Property Taxes Paid: $636,399.89
Jobs Retained: 0 Real Property Taxes Forgone: $440,572.29
Total FTE in Ohio: $35.00 Personal Property Taxes Paid: $0.00
New Payroll: $2,311,304.68 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $50,259,411.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/15/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $75,443.72 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $59,037.78
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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