Business  |  Tax Incentives


MENNEL MINING CO. Agreement #04-001 
CRA # 033-10030-01


Agreement Information
Community: BUCYRUS      ODOD Status: Active
County: CRAWFORD      Agrmt Date: 7/7/2004
Local School District: BUCYRUS SD      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 31121

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $4,000,000.00 $4,000,000.00
Exemptions $0.00 $4,000,000.00 $4,000,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $3,500,000.00 $0.00 $0.00 $3,500,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 4 $98,000.00
Fulltime Permanent 2 $100,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 12 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 12      Cumulative Taxes
Jobs Created: 9 Real Property Taxes Paid: $202,397.00
Jobs Retained: 3 Real Property Taxes Forgone: $602,191.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $392,946.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $3,301,520.00 Other Tax Incentives: $0.00
Personal Property: $7,394,057.00 TIRC Date: 5/10/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $20,920.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $62,759.00
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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