Business  |  Tax Incentives


Discover Financial Services Agreement #12-001 
CRA # 049-02915-01


Agreement Information
Community: New Albany      ODOD Status: Active
County: LICKING      Agrmt Date: 6/18/2012
Local School District: New Albany-Plain Local SD      Amend. Date:
     Expiration Date: 12/31/2029
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $33,700,000.00 $33,700,000.00
Exemptions $0.00 $21,905,000.00 $21,905,000.00
 

Real Property Tax Incentives

Percentage  65 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $42,500,000.00 $0.00 $0.00 $42,500,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 0 $0.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 0 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 2393      Cumulative Taxes
Jobs Created: 812 Real Property Taxes Paid: $1,456,648.08
Jobs Retained: 1581 Real Property Taxes Forgone: $1,917,621.82
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $28,280,584.05 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $31,286,622.00 Other Tax Incentives: $0.00
Personal Property: $34,702,453.00 TIRC Date: 8/29/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $341,850.48 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $419,294.36
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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