Business  |  Tax Incentives


Indian Lakes, LLC & Scarlett and Grey, LLC Agreement #08-001 
CRA # 003-02205-08


Agreement Information
Community: LIMA      ODOD Status: Active
County: Allen      Agrmt Date: 8/23/2008
Local School District:      Amend. Date:
     Expiration Date: 12/31/2023
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,500,000.00 $1,500,000.00
Exemptions $0.00 $750,000.00 $750,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 15 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 45 $538,781.00
Fulltime Permanent 18 $60,000.00
Fulltime Temporary 17 $40,406.00
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: 71      Cumulative Taxes
Jobs Created: 26 Real Property Taxes Paid: $116,665.68
Jobs Retained: 45 Real Property Taxes Forgone: $116,665.68
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $922,015.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,675,000.00 Other Tax Incentives: $0.00
Personal Property: $500,000.00 TIRC Date: 3/15/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $20,674.58 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $20,674.58
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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