Business  |  Tax Incentives


WESTAR/POLARIS LLC Agreement #01-001 
CRA # 049-04580-03


Agreement Information
Community: NORTHWEST      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 2/21/2001
Local School District: OLENTANGY LSD      Amend. Date:
     Expiration Date: 12/31/2014
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $12,900,000.00 $12,900,000.00
Exemptions $0.00 $12,900,000.00 $12,900,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 12 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 0 $0.00
Fulltime Permanent 500 $17,500,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 60 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 728      Cumulative Taxes
Jobs Created: 418 Real Property Taxes Paid: $546,194.00
Jobs Retained: 310 Real Property Taxes Forgone: $5,873,286.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $46,538,804.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $13,688,314.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/8/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $47,566.80 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $396,129.35
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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