Business  |  Tax Incentives


V & P PROPERTIES LTD. Agreement #04-002 
CRA # 003-02205-04


Agreement Information
Community: LIMA      ODOD Status: Active
County: Allen      Agrmt Date: 9/3/2004
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 6211

Real Property

Acquisition Improvements New Construction Total
Investments $200,000.00 $0.00 $1,600,000.00 $1,800,000.00
Exemptions $0.00 $1,600,000.00 $1,600,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $250,000.00 $50,000.00 $0.00 $300,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 8 $200,000.00
Fulltime Permanent 20 $500,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 15      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $64,767.86
Jobs Retained: 15 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $2,600,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/15/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $8,334.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: $2,480.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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