Business  |  Tax Incentives


KTH PARTS INDUSTRIES, INC.
Agreement #355-04-01
Zone 355


Agreement Information

Community: JOHNSON (TOWNSHIP OF)      ODOD Status: Active
County: CHAMPAIGN      Agrmt Date: 10/4/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2016
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 25.0000 SIC Code: 3714

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $3,070,000.00 $3,070,000.00
Exemptions $0.00 $3,070,000.00 $3,070,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $11,083,000.00 $0.00 $0.00 $11,083,000.00
Exemptions $11,083,000.00 $0.00 $0.00 $11,083,000.00
 

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: 715      Number Payroll
Employment in Ohio: 765      Retained 92 $3,177,200.00
     Fulltime Permanent
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 0 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 1137      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $0.00
Jobs Retained: 92 Real Property Taxes Forgone: $1,265,606.00
Total FTE in Ohio: $1,150.00 Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $6,497.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $4,240,708.00 Other Tax Incentives: $0.00
Personal Property: $23,009,319.00 TIRC Date: 3/10/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $34,178.00
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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