Business  |  Tax Incentives


Etna Retail DC, LLC & Ascena Retail Group Agreement #12-001 
CRA # 089-25690-01


Agreement Information
Community: ETNA (TOWNSHIP OF)      ODOD Status: Active
County: Licking      Agrmt Date: 9/18/2012
Local School District:      Amend. Date:
     Expiration Date: 12/31/2032
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 448120

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $30,000,000.00 $30,000,000.00
Exemptions $0.00 $0.00 $0.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $42,000,000.00 $0.00 $0.00 $42,000,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 300 $8,025,000.00
Fulltime Permanent 225 $6,300,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 60 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 725      Cumulative Taxes
Jobs Created: 425 Real Property Taxes Paid: $824,774.00
Jobs Retained: 300 Real Property Taxes Forgone: $195,100.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $17,855,047.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $47,766,372.00 Other Tax Incentives: $0.00
Personal Property: $52,858,136.00 TIRC Date: 3/24/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $416,200.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $195,100.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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