Business  |  Tax Incentives


State Automobile Mutual Insurance Company Agreement #08-002 
CRA # 041-05788-01


Agreement Information
Community: LIBERTY (TOWNSHIP OF)      ODOD Status: Active
County: Delaware      Agrmt Date: 6/12/2008
Local School District:      Amend. Date:
     Expiration Date: 12/31/2020
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 6331

Real Property

Acquisition Improvements New Construction Total
Investments $700,000.00 $0.00 $9,900,000.00 $10,600,000.00
Exemptions $0.00 $7,425,000.00 $7,425,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $380,000.00 $0.00 $0.00 $380,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 10 $450,000.00
Fulltime Permanent 0 $0.00
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: 14      Cumulative Taxes
Jobs Created: 4 Real Property Taxes Paid: $116,561.65
Jobs Retained: 10 Real Property Taxes Forgone: $268,066.47
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $229,777.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $17,901,816.00 Other Tax Incentives: $0.00
Personal Property: $8,252,433.00 TIRC Date: 3/11/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $33,206.42 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $68,978.47
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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