Business  |  Tax Incentives


SHEL & ADEL PROPERTIES, LTD. Agreement #05-001 
CRA # 133-03086-02


Agreement Information
Community: AURORA      ODOD Status: Active
County: Portage      Agrmt Date: 5/6/2005
Local School District:      Amend. Date:
     Expiration Date: 12/31/2021
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 531110

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $145,000.00 $425,000.00 $570,000.00
Exemptions $145,000.00 $425,000.00 $570,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments

Employment

Job and Payroll Commitments
Number Payroll
Retained
Fulltime Permanent 3 $45,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 4      Cumulative Taxes
Jobs Created: 4 Real Property Taxes Paid: $98,715.00
Jobs Retained: 0 Real Property Taxes Forgone: $62,320.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $60,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $570,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/24/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $15,271.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $8,803.00
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