Business  |  Tax Incentives


DEVRIES & ASSOCIATES INC. & EMENTEE PROPERTIES, INC. Agreement #07-001 
CRA # 049-04580-02
Agreement Information
Community: WESTERVILLE      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 6/12/2007
Local School District: WESTERVILLE CITY SD      Amend. Date:
     Expiration Date: 12/31/2020
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property
Acquisition Improvements New Construction Total
Investments $200,000.00 $0.00 $1,100,000.00 $1,300,000.00
Exemptions $0.00 $1,100,000.00 $1,100,000.00
 

Real Property Tax Incentives
Percentage  100 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $70,000.00 $75,000.00 $0.00 $145,000.00

Employment
Job and Payroll Commitments
Number Payroll
Retained 7 $250,000.00
Fulltime Permanent 2 $80,000.00
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: 12      Cumulative Taxes
Jobs Created: 5 Real Property Taxes Paid: $60,457.64
Jobs Retained: 7 Real Property Taxes Forgone: $151,764.34
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $206,312.50 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $890,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/3/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $6,041.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $23,463.63
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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