Business  |  Tax Incentives


VH-1 PROPERTIES LLC Agreement #04-001 
CRA # 147-36400-01


Agreement Information
Community: HOPEWELL TOWNSHIP      ODOD Status: Active
County: Seneca      Agrmt Date: 8/17/2004
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $1,175,300.00 $5,782,902.00
Exemptions $1,175,300.00 $5,782,902.00 $6,958,202.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $1,907,850.00 $225,000.00 $0.00 $2,132,850.00

Employment

Job and Payroll Commitments
Number Payroll
Retained
Fulltime Permanent 36 $179,000.00
Fulltime Temporary 6 $50,000.00
Parttime Permanent
Parttime Temporary
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 30      Cumulative Taxes
Jobs Created: 22 Real Property Taxes Paid: $52,531.00
Jobs Retained: 8 Real Property Taxes Forgone: $665,131.00
Total FTE in Ohio: Personal Property Taxes Paid: $34,167.00
New Payroll: $1,577,781.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $7,814,743.00 Other Tax Incentives: $0.00
Personal Property: $2,572,654.00 TIRC Date: 3/7/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $6,414.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $73,036.00
Personal Property Taxes Paid: $19,219.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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