Business  |  Tax Incentives


MK2 Properties, LLC Agreement #10-001 
CRA # 007-02638-01


Agreement Information
Community: ASHTABULA      ODOD Status: Active
County: ASHTABULA      Agrmt Date: 6/21/2010
Local School District: ASHTABULA AREA CITY SD      Amend. Date:
     Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $13,000.00 $0.00 $105,000.00 $118,000.00
Exemptions $0.00 $52,500.00 $52,500.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 7 years  
 
Personal Property
M & E F & F Inventory Total
Investments $30,000.00 $30,000.00 $30,000.00 $90,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 8 $249,530.00
Fulltime Permanent 0 $0.00
Fulltime Temporary 0 $0.00
Parttime Permanent 2 $31,616.00
Parttime Temporary 0 $0.00
Job Creation Period: 10 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 2      Cumulative Taxes
Jobs Created: 2 Real Property Taxes Paid: $12,327.66
Jobs Retained: 4 Real Property Taxes Forgone: $2,567.84
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $128,000.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $128,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/13/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $1,934.56 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $239.84
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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