Business  |  Tax Incentives


Elmwood of New Bremen, Ltd. & New Bremen Residential, Ltd. Agreement #08-001 
CRA # 011-54194-01


Agreement Information
Community: NEW BREMEN      ODOD Status: Active
County: Auglaize      Agrmt Date: 11/13/2008
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: Yes
  SIC Code: 623311

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $4,000,000.00 $4,000,000.00
Exemptions $0.00 $4,000,000.00 $4,000,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $100,000.00 $200,000.00 $30,000.00 $330,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 22 $480,400.00
Fulltime Temporary 0 $0.00
Parttime Permanent 23 $243,400.00
Parttime Temporary 4 $0.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 30      Cumulative Taxes
Jobs Created: 24 Real Property Taxes Paid: $4,537.00
Jobs Retained: 0 Real Property Taxes Forgone: $551,418.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $723,800.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $5,910,995.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 4/29/2010
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $74,228.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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