Business  |  Tax Incentives


MTB CORP Agreement #07-002 
CRA # 097-83580-01


Agreement Information
Community: WEST JEFFERSON (CORPORATE NAME JEFFERSON)      ODOD Status: Active
County: Madison      Agrmt Date: 9/4/2007
Local School District:      Amend. Date:
     Expiration Date: 12/31/2043
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $50,000,000.00 $50,000,000.00
Exemptions $0.00 $50,000,000.00 $50,000,000.00
 

Real Property Tax Incentives

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

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 200 $5,000,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 240 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 413      Cumulative Taxes
Jobs Created: 413 Real Property Taxes Paid: $834,316.00
Jobs Retained: 0 Real Property Taxes Forgone: $3,275,211.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $23,724,982.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $89,425,611.75 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 2/25/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $141,511.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $747,807.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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