Business  |  Tax Incentives


Sandusky Renaissance Properties, LLC Agreement #13-001 
CRA # 043-70380-01


Agreement Information
Community: SANDUSKY      ODOD Status: Active
County: Erie      Agrmt Date: 5/20/2013
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 722511

Real Property

Acquisition Improvements New Construction Total
Investments $120,000.00 $200,000.00 $0.00 $320,000.00
Exemptions $150,000.00 $0.00 $150,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 5 years  
 
Personal Property
M & E F & F Inventory Total
Investments $165,000.00 $0.00 $0.00 $165,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 10 $183,500.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 11      Cumulative Taxes
Jobs Created: 11 Real Property Taxes Paid: $736.76
Jobs Retained: 0 Real Property Taxes Forgone: $2,210.28
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $162,440.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $258,500.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/2/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $397.36 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $1,192.07
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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