Business  |  Tax Incentives


CENTRAL OHIO MEDICINE BUILDING ASSOCIATES LLC Agreement #07-001 
CRA # 049-04355-01


Agreement Information
Community: UPPER ARLINGTON      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 3/8/2007
Local School District: DUBLIN CITY SD      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $700,000.00 $0.00 $1,886,000.00 $2,586,000.00
Exemptions $0.00 $1,886,000.00 $1,886,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $50,000.00 $25,000.00 $75,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 32 $2,000,361.00
Fulltime Permanent 8 $248,000.00
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: 41      Cumulative Taxes
Jobs Created: 9 Real Property Taxes Paid: $503,271.00
Jobs Retained: 32 Real Property Taxes Forgone: $291,956.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $2,634,333.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $2,586,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/2/2017
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $60,211.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $34,851.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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