Business  |  Tax Incentives


DON JOSEPH INC Agreement #08-001 
CRA # 133-39872-01


Agreement Information
Community: KENT      ODOD Status: Active
County: Portage      Agrmt Date: 5/21/2008
Local School District:      Amend. Date:
     Expiration Date: 12/31/2021
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 5511

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $4,500,000.00 $4,500,000.00
Exemptions $0.00 $4,500,000.00 $4,500,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $200,000.00 $200,000.00 $7,500,000.00 $7,900,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 52 $1,042,000.00
Fulltime Permanent 15 $525,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 4 $18,000.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 63      Cumulative Taxes
Jobs Created: 11 Real Property Taxes Paid: $457,432.68
Jobs Retained: 52 Real Property Taxes Forgone: $222,636.99
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $241,500.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $3,242,860.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 2/23/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $58,169.38 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $22,500.81
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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