Business  |  Tax Incentives


COASTAL PET PRODUCTS, INC. Agreement #02-003 
CRA # 151-01420-01


Agreement Information
Community: ALLIANCE      ODOD Status: Active
County: Stark      Agrmt Date: 6/20/2002
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: No      Revenue Sharing: Yes
  SIC Code: 3199

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $50,000.00 $5,500,000.00 $5,550,000.00
Exemptions $50,000.00 $5,500,000.00 $5,550,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $630,000.00 $183,000.00 $500,000.00 $1,313,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 399 $9,200,000.00
Fulltime Permanent 25 $250,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 15 $94,000.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 550      Cumulative Taxes
Jobs Created: 151 Real Property Taxes Paid: $1,466,210.00
Jobs Retained: 0 Real Property Taxes Forgone: $653,240.00
Total FTE in Ohio: Personal Property Taxes Paid: $470,934.00
New Payroll: $3,140,800.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $47,721,369.00 Other Tax Incentives: $0.00
Personal Property: $7,504,191.00 TIRC Date: 3/8/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $90,168.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $57,738.00
Personal Property Taxes Paid: $54,025.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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