Business  |  Tax Incentives

Geise Properties LLC dba GEISE Transmission, Inc. Agreement #17-000 
CRA # 137-59052-01

Agreement Information
Community: OTTOVILLE      ODOD Status: Active
County: Putnam      Agrmt Date: 6/26/2017
Local School District: Ottoville SD      Amend. Date:
     Expiration Date: 12/31/2032
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

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

Real Property Tax Incentives

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


Job and Payroll Commitments
Number Payroll
Retained 2 $100,000.00
Fulltime Permanent 2 $96,000,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months


Agreement Status is: Active
Total full time equivalents at Site: 4      Cumulative Taxes
Jobs Created: 1 Real Property Taxes Paid: $0.00
Jobs Retained: 2 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $95,680.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $600,000.00 Other Tax Incentives: $0.00
Personal Property: $100,000.00 TIRC Date: 3/14/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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