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Vaughn Equity Services, LLC & Hanon Systems USA, LLC
Agreement #380-15-01
Zone 380

Agreement Information

Community: Carey      ODOD Status: Active
County: Wyandot      Agrmt Date: 10/23/2015
Local School District: Carey Exempted Village Schools      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2033
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $3,529,000.00
Exemptions $3,529,000.00

Personal Property

M & E F & F Inventory Total
Investments $12,470,000.00 $3,115,000.00
Exemptions $12,470,000.00 $3,115,000.00


Variable Rate Rate Term
Real No $0.00% yrs
Personal No $0.00% yrs


From Out of State: No State: Jobs: 0
In State: No Community: Jobs: 0
Waiver Issued by ODOD: None


Existing Employment Job and Payroll Commitments
Employment at site:      Number Payroll
Employment in Ohio:      Retained
     Fulltime Permanent 139 $5,200,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 100      Cumulative Taxes
Jobs Created: 100 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $53,908.00
Total FTE in Ohio: $100.00 Personal Property Taxes Paid: $0.00
New Payroll: $2,491,110.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $7,138,434.00 Other Tax Incentives: $0.00
Personal Property: $15,585,000.00 TIRC Date: 3/6/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $53,908.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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