Business  |  Tax Incentives


Southgate Woods 2011, LLC, formerly Southgate Woods Apartments Limited Partnership Agreement #09-001 
CRA # 095-04265-02


Agreement Information
Community: TOLEDO      ODOD Status: Active
County: Lucas      Agrmt Date: 9/21/2009
Local School District:      Amend. Date:
     Expiration Date: 12/31/2021
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $1,127,447.00 $0.00 $1,127,447.00
Exemptions $1,127,447.00 $0.00 $1,127,447.00
 

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 3 $84,666.00
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: 3      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $192,053.37
Jobs Retained: 3 Real Property Taxes Forgone: $91,409.83
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $120,728.70 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,201,302.52 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 9/29/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $30,856.74 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $18,478.06
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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