Business  |  Tax Incentives


V & P HYDRAULIC PRODUCTS, LLC; 1700 PITTSBURGH DRIVE Agreement #06-001 
CRA # 041-01135-01


Agreement Information
Community: DELAWARE      ODOD Status: Active
County: Delaware      Agrmt Date: 10/31/2006
Local School District:      Amend. Date:
     Expiration Date: 12/31/2026
School Comp Agreement: No      Revenue Sharing: Yes
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,383,120.00 $2,383,120.00
Exemptions $0.00 $2,383,120.00 $2,383,120.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $900,000.00 $0.00 $0.00 $900,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 56 $1,980,000.00
Fulltime Permanent 9 $320,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 76      Cumulative Taxes
Jobs Created: 76 Real Property Taxes Paid: $158,811.48
Jobs Retained: 0 Real Property Taxes Forgone: $131,502.52
Total FTE in Ohio: Personal Property Taxes Paid: $62,609.27
New Payroll: $3,299,541.42 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $2,579,940.40 Other Tax Incentives: $0.00
Personal Property: $2,588,940.78 TIRC Date: 2/23/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $30,697.48 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $20,288.52
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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