Business  |  Tax Incentives


POLY ONE CORPORATION Agreement #06-001 
CRA # 132-01994-1P


Agreement Information
Community: AVON LAKE      ODOD Status: Active
County: Lorain      Agrmt Date: 2/10/2006
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 32590

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $2,500,000.00 $0.00 $2,500,000.00
Exemptions $2,500,000.00 $0.00 $2,500,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $3,100,000.00 $0.00 $0.00 $3,100,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 25 $1,500,000.00
Fulltime Permanent 0 $0.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 607      Cumulative Taxes
Jobs Created: 34 Real Property Taxes Paid: $0.00
Jobs Retained: 573 Real Property Taxes Forgone: $280,450.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $2,387,511.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $7,120,745.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/30/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $51,804.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

Back to Search Page