Business  |  Tax Incentives


T/M REALTY LLC and ToolMatics, Inc. Agreement #03-002 
CRA # 041-01135-01


Agreement Information
Community: DELAWARE      ODOD Status: Active
County: Delaware      Agrmt Date: 9/22/2003
Local School District:      Amend. Date:
     Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $600,000.00 $600,000.00
Exemptions $0.00 $600,000.00 $600,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $5,000.00 $240,000.00 $245,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 7 $250,000.00
Fulltime Permanent 2 $115,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 1 $10,000.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 13      Cumulative Taxes
Jobs Created: 6 Real Property Taxes Paid: $17,989.56
Jobs Retained: 7 Real Property Taxes Forgone: $127,842.17
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $420,280.82 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $600,000.00 Other Tax Incentives: $0.00
Personal Property: $286,865.00 TIRC Date: 2/23/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $1,831.56 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $11,981.17
Personal Property Taxes Paid: $2,323.13 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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