Business  |  Tax Incentives


LMD PROPERTY LTD. Agreement #05-001 
CRA # 151-03105-01


Agreement Information
Community: NORTH CANTON      ODOD Status: Active
County: STARK      Agrmt Date: 9/22/2005
Local School District: NORTH CANTON SCHOOL DISTRICT      Amend. Date:
     Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $300,000.00 $0.00 $300,000.00
Exemptions $300,000.00 $0.00 $300,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00

Employment

Job and Payroll Commitments
Number Payroll
Retained
Fulltime Permanent 6 $180,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 5 $50,000.00
Parttime Temporary 40 $100,000.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 22      Cumulative Taxes
Jobs Created: 22 Real Property Taxes Paid: $381,693.32
Jobs Retained: 0 Real Property Taxes Forgone: $50,226.64
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $817,444.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $300,000.00 Other Tax Incentives: $0.00
Personal Property: $300,000.00 TIRC Date: 3/12/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $47,755.50 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $6,602.22
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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