Business  |  Tax Incentives

Engineered Materials Systems Agreement #15-001 
CRA # 041-01135-01

Agreement Information
Community:      ODOD Status: Active
County: Delaware      Agrmt Date: 3/2/2015
Local School District: Delaware City Schools      Amend. Date:
     Expiration Date: 12/31/2030
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $3,500,000.00
Exemptions $3,500,000.00

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
Personal Property
M & E F & F Inventory Total
Investments $500,000.00 $500,000.00


Job and Payroll Commitments
Number Payroll
Retained $2,700,000.00
Fulltime Permanent 8 $700,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 3 months


Agreement Status is: Active
Total full time equivalents at Site: 50      Cumulative Taxes
Jobs Created: 12 Real Property Taxes Paid: $25,629.58
Jobs Retained: 38 Real Property Taxes Forgone: $198,311.77
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,050,144.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $5,500,000.00 Other Tax Incentives: $53,614.26
Personal Property: $0.00 TIRC Date: 2/20/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $13,823.98 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $99,155.77
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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