Business  |  Tax Incentives


Vee Pak Ohio, LLC/ Vee Properties Agreement #15-100 
CRA # 049-53970-01


Agreement Information
Community:      ODOD Status: Active
County: Licking      Agrmt Date: 3/17/2015
Local School District: Johnstown Monroe Local SD      Amend. Date:
     Expiration Date: 12/31/2027
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $3,000,000.00
Exemptions $3,000,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $5,000,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained
Fulltime Permanent 90 $3,000,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 3 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 202      Cumulative Taxes
Jobs Created: 68 Real Property Taxes Paid: $17,390.37
Jobs Retained: 0 Real Property Taxes Forgone: $118,705.02
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $2,755,913.34 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $3,211,525.60 Other Tax Incentives: $0.00
Personal Property: $5,574,705.49 TIRC Date: 8/29/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $7,993.98 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $59,375.01
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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