Business  |  Tax Incentives


Kelly Street Car Wash LLC Agreement #04-001 
CRA # 093-04545-01


Agreement Information
Community: WELLINGTON      ODOD Status: Active
County: Lorain      Agrmt Date: 8/2/2004
Local School District:      Amend. Date:
     Expiration Date: 12/31/2015
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $208,307.00 $0.00 $418,400.00 $626,707.00
Exemptions $0.00 $418,400.00 $418,400.00
 

Real Property Tax Incentives

Percentage  95 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $295,000.00 $0.00 $0.00 $295,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 1 $12,500.00
Fulltime Temporary 0 $0.00
Parttime Permanent 2 $12,500.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 1      Cumulative Taxes
Jobs Created: 1 Real Property Taxes Paid: $12,983.28
Jobs Retained: 0 Real Property Taxes Forgone: $32,920.68
Total FTE in Ohio: Personal Property Taxes Paid: $2,799.52
New Payroll: $0.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $550,000.00 Other Tax Incentives: $0.00
Personal Property: $300,000.00 TIRC Date: 3/15/2016
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $1,097.08 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $2,907.04
Personal Property Taxes Paid: $923.52 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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