Business  |  Tax Incentives


First Class Transport, Inc. & Brandywine Valley Development, LLC
Agreement #300-13-01
Zone 300


Agreement Information

Community: FRANKLIN (TOWNSHIP OF)      ODOD Status: Active
County: TUSCARAWAS      Agrmt Date: 3/14/2013
Local School District:      Amend. Date:
Nature of Business: commercial      Expiration Date: 12/31/2025
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 484200

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $125,000.00 $125,000.00
Exemptions $0.00 $75,000.00 $75,000.00
 

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 No $10.00% 60 yrs
Personal No $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: 19      Number Payroll
Employment in Ohio: 19      Retained 19 $0.00
     Fulltime Permanent 2 $75,000.00
     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: 25      Cumulative Taxes
Jobs Created: 2 Real Property Taxes Paid: $1,319.31
Jobs Retained: 0 Real Property Taxes Forgone: $1,978.97
Total FTE in Ohio: $25.00 Personal Property Taxes Paid: $0.00
New Payroll: $82,009.33 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $158,577.00 Other Tax Incentives: $0.00
Personal Property: $6,058.16 TIRC Date: 2/10/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $812.89 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $1,219.34
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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