Business  |  Tax Incentives


USEC INC.
Agreement #240-03-02
Zone 240


Agreement Information

Community: SCIOTO TOWNSHIP      ODOD Status: Active
County: PIKE      Agrmt Date: 10/27/2003
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 6719

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $100,000.00 $0.00 $100,000.00
Exemptions $100,000.00 $0.00 $100,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $41,500,000.00 $0.00 $0.00 $41,500,000.00
Exemptions $41,500,000.00 $0.00 $0.00 $41,500,000.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 10 yrs
Personal No $60.00% 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: 11      Number Payroll
Employment in Ohio: 11      Retained 11 $638,000.00
     Fulltime Permanent 50 $2,800,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 211      Cumulative Taxes
Jobs Created: 50 Real Property Taxes Paid: $0.00
Jobs Retained: 11 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $211.00 Personal Property Taxes Paid: $3,313.00
New Payroll: $3,800,000.00 Personal Prop. Taxes Forgone: $7,855.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $2,690,300.00 Other Tax Incentives: $0.00
Personal Property: $40,324,800.00 TIRC Date: 12/28/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 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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