Business  |  Tax Incentives


Nilodor, Inc. & Nilodor Real Property Development Company, Inc.
Agreement #300-10-02
Zone 300


Agreement Information

Community: LAWRENCE (TOWNSHIP OF)      ODOD Status: Active
County: TUSCARAWAS      Agrmt Date: 9/2/2010
Local School District:      Amend. Date:
Nature of Business: manufacturing      Expiration Date: 12/31/2021
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 2842

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $275,000.00 $0.00 $275,000.00
Exemptions $116,875.00 $0.00 $116,875.00
 

Personal Property

M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real Yes $43.00% 10 yrs
Personal Yes $0.00% 0 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: 35      Number Payroll
Employment in Ohio: 35      Retained 5 $150,000.00
     Fulltime Permanent 5 $125,000.00
     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: 48      Cumulative Taxes
Jobs Created: 7 Real Property Taxes Paid: $4,121.58
Jobs Retained: 7 Real Property Taxes Forgone: $9,848.19
Total FTE in Ohio: $48.00 Personal Property Taxes Paid: $0.00
New Payroll: $80,985.10 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $350,000.00 Other Tax Incentives: $0.00
Personal Property: $41,282.29 TIRC Date: 2/11/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $1,541.86 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $4,625.79
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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