Business  |  Tax Incentives


PIN OAK HOLDINGS, INC. Agreement #06-002 
CRA # 132-01994-1P


Agreement Information
Community: AVON LAKE      ODOD Status: Active
County: Lorain      Agrmt Date: 5/12/2006
Local School District:      Amend. Date:
     Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 3261

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $4,000,000.00 $4,000,000.00
Exemptions $0.00 $4,000,000.00 $4,000,000.00
 

Real Property Tax Incentives

Percentage  37 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $450,000.00 $0.00 $0.00 $450,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 56 $310,000.00
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: 130      Cumulative Taxes
Jobs Created: 74 Real Property Taxes Paid: $694,614.00
Jobs Retained: 56 Real Property Taxes Forgone: $437,984.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $3,130,013.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $4,235,169.00 Other Tax Incentives: $0.00
Personal Property: $11,901,959.00 TIRC Date: 3/30/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $114,955.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $28,739.00
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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