Business  |  Tax Incentives

Morel Ventures, LLC Agreement #14-102 
CRA # 017-01340-01

Agreement Information
Community: FAIRFIELD      ODOD Status: Active
County: Butler      Agrmt Date: 12/8/2014
Local School District: Fairfield SD      Amend. Date:
     Expiration Date: 12/31/2021
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $1,300,000.00 $150,000.00
Exemptions $1,300,000.00 $150,000.00 $1,450,000.00

Real Property Tax Incentives

Percentage  75 %  
Term 6 years  
Personal Property
M & E F & F Inventory Total
Investments $75,000.00 $50,000.00 $50,000.00 $175,000.00


Job and Payroll Commitments
Number Payroll
Retained 41 $5,950,000.00
Fulltime Permanent 10 $550,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 122      Cumulative Taxes
Jobs Created: 82 Real Property Taxes Paid: $125,391.00
Jobs Retained: 40 Real Property Taxes Forgone: $5,532.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $4,658,000.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,450,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 11/7/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $42,470.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $2,766.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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