Business  |  Tax Incentives


ORTHOPAEDIC MEDICAL PROPERTIES Agreement #01-001 
CRA # 049-04355-01


Agreement Information
Community: UPPER ARLINGTON      ODOD Status: Active
County: Franklin      Agrmt Date: 6/18/2001
Local School District:      Amend. Date:
     Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: Yes
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $750,000.00 $0.00 $10,120,000.00 $10,870,000.00
Exemptions $0.00 $10,120,000.00 $10,120,000.00
 

Real Property Tax Incentives

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

Employment

Job and Payroll Commitments
Number Payroll
Retained 47
Fulltime Permanent 63 $7,000,000.00
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: 175      Cumulative Taxes
Jobs Created: 128 Real Property Taxes Paid: $1,827,687.00
Jobs Retained: 47 Real Property Taxes Forgone: $2,568,648.00
Total FTE in Ohio: Personal Property Taxes Paid: $53,815.00
New Payroll: $22,753,712.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $13,512,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/12/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $249,644.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $192,754.00
Personal Property Taxes Paid: $53,815.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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