Business  |  Tax Incentives


ESMET, INC. AND J.S. RIPPLE Agreement #03-001 
CRA # 151-12000-01


Agreement Information
Community: CANTON      ODOD Status: Active
County: STARK      Agrmt Date: 12/24/2003
Local School District: CANTON CITY      Amend. Date:
     Expiration Date: 12/31/2014
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 3429

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $95,000.00 $95,000.00
Exemptions $0.00 $95,000.00 $95,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $25,000.00 $0.00 $0.00 $25,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 4 $60,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 12 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 34      Cumulative Taxes
Jobs Created: 3 Real Property Taxes Paid: $40,245.55
Jobs Retained: 31 Real Property Taxes Forgone: $2,901.68
Total FTE in Ohio: Personal Property Taxes Paid: $85,590.42
New Payroll: $96,262.79 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $66,008.00 Other Tax Incentives: $0.00
Personal Property: $6,977.00 TIRC Date: 3/25/2014
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $9,269.15 Local Gov't. Action/Status: NA
Real Property Taxes Forgone: $172.42
Personal Property Taxes Paid: $27,598.74 Annual Report Year: 2013
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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