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: HOPEWELL-LOUDON SD      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: 36      Cumulative Taxes
Jobs Created: 28 Real Property Taxes Paid: $66,042.00
Jobs Retained: 8 Real Property Taxes Forgone: $830,897.00
Total FTE in Ohio: Personal Property Taxes Paid: $34,167.00
New Payroll: $2,073,759.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $7,818,143.00 Other Tax Incentives: $0.00
Personal Property: $2,583,832.00 TIRC Date: 3/5/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $6,834.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $83,237.00
Personal Property Taxes Paid: $19,219.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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