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Denton ATD / ASTC Properties Agreement #08-001 
CRA # 043-37016-01


Agreement Information
Community: HURON      ODOD Status: Active
County: Erie      Agrmt Date: 10/15/2008
Local School District:      Amend. Date:
     Expiration Date: 12/31/2026
School Comp Agreement: Yes      Revenue Sharing: Yes
  SIC Code: 339999

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $3,500,000.00 $3,500,000.00
Exemptions $0.00 $3,500,000.00 $3,500,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $425,000.00 $0.00 $150,000.00 $575,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 75 $3,600,000.00
Fulltime Permanent 5 $60,000.00
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: 128      Cumulative Taxes
Jobs Created: 53 Real Property Taxes Paid: $0.00
Jobs Retained: 75 Real Property Taxes Forgone: $514,407.53
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $2,605,427.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $4,000,000.00 Other Tax Incentives: $12,500.00
Personal Property: $2,600,000.00 TIRC Date: 3/2/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $85,632.62
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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