Business  |  Tax Incentives


NEW ALBANY MEDICAL CENTER, LLC. Agreement #04-001 
CRA # 049-02915-02


Agreement Information
Community: NEW ALBANY      ODOD Status: Terminate
County: FRANKLIN      Agrmt Date: 6/15/2004
Local School District: PLAIN LOCAL SD      Amend. Date:
     Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 6519

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $8,500,000.00 $8,500,000.00
Exemptions $0.00 $8,500,000.00 $8,500,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $250,000.00 $250,000.00 $0.00 $500,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 139 $9,000,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 0 months

Performance/Compliance

 
Agreement Status is: Terminate
Total full time equivalents at Site: 153      Cumulative Taxes
Jobs Created: 153 Real Property Taxes Paid: $239,236.85
Jobs Retained: 0 Real Property Taxes Forgone: $2,172,061.61
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $13,804,895.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $9,169,711.00 Other Tax Incentives: $0.00
Personal Property: $1,887,295.38 TIRC Date: 6/10/2013
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $40,850.74 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $408,960.48
Personal Property Taxes Paid: $11,897.00 Annual Report Year: 2013
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

Back to Search Page