Business  |  Tax Incentives


M2 Marketplace, Inc. & PCM, Inc. Agreement #13-001 
CRA # 049-02915-01


Agreement Information
Community: NEW ALBANY      ODOD Status: Active
County: Franklin      Agrmt Date: 5/24/2013
Local School District:      Amend. Date:
     Expiration Date: 12/31/2025
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $1,500,000.00 $0.00 $7,500,000.00 $9,000,000.00
Exemptions $0.00 $4,875,000.00 $4,875,000.00
 

Real Property Tax Incentives

Percentage  65 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $500,000.00 $250,000.00 $0.00 $750,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 15 $0.00
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: 10      Cumulative Taxes
Jobs Created: 10 Real Property Taxes Paid: $90,463.67
Jobs Retained: 10 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $386,563.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $24,233,928.00 Other Tax Incentives: $0.00
Personal Property: $2,429,035.00 TIRC Date: 7/30/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $29,296.55 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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