Business  |  Tax Incentives


Huron Senior Residence, LLC Agreement #12-001 
CRA # 043-37016-02


Agreement Information
Community: HURON      ODOD Status: Active
County: Erie      Agrmt Date: 10/18/2012
Local School District:      Amend. Date:
     Expiration Date: 12/31/2030
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $325,000.00 $0.00 $7,000,000.00 $7,325,000.00
Exemptions $0.00 $7,000,000.00 $7,000,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $150,000.00 $0.00 $150,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 2 $60,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 1 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 2      Cumulative Taxes
Jobs Created: 2 Real Property Taxes Paid: $47,655.41
Jobs Retained: 0 Real Property Taxes Forgone: $119,993.76
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $59,307.76 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $6,575,042.36 Other Tax Incentives: $0.00
Personal Property: $155,823.42 TIRC Date: 3/1/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $18,852.44 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $52,786.84
Personal Property Taxes Paid: Annual Report Year: 2016
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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