Business  |  Tax Incentives


Precision Tower Products, LLC Agreement #15-002 
CRA # 041-01135-01


Agreement Information
Community: DELAWARE      ODOD Status: Active
County: Delaware      Agrmt Date: 6/30/2015
Local School District: Delaware City SD      Amend. Date:
     Expiration Date: 12/31/2031
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,800,000.00 $2,800,000.00
Exemptions $0.00 $2,800,000.00 $2,800,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $850,000.00 $160,000.00 $200,000.00 $1,210,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 35 $2,500,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 3 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 35      Cumulative Taxes
Jobs Created: 35 Real Property Taxes Paid: $5,597.80
Jobs Retained: 0 Real Property Taxes Forgone: $19,808.61
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,352,927.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $4,430,300.00 Other Tax Incentives: $500,000.00
Personal Property: $2,541,383.00 TIRC Date: 2/20/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $5,597.80 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $19,808.61
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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