Business  |  Tax Incentives


WESTAR/POLARIS OFFICE II LLC Agreement #03-002 
CRA # 049-04580-03


Agreement Information
Community: WESTERVILLE      ODOD Status: Active
County: Franklin      Agrmt Date: 4/9/2003
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: No      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 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 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: 474      Cumulative Taxes
Jobs Created: 281 Real Property Taxes Paid: $460,896.11
Jobs Retained: 193 Real Property Taxes Forgone: $4,244,675.62
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $47,062,855.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $19,145,600.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/18/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $44,435.26 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $469,571.86
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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