Business  |  Tax Incentives

SHEL & ADEL PROPERTIES, LTD. Agreement #05-001 
CRA # 133-03086-02

Agreement Information
Community: AURORA      ODOD Status: Active
County: Portage      Agrmt Date: 5/6/2005
Local School District:      Amend. Date:
     Expiration Date: 12/31/2021
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 531110

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $145,000.00 $425,000.00 $570,000.00
Exemptions $145,000.00 $425,000.00 $570,000.00

Real Property Tax Incentives

Percentage  50 %  
Term 15 years  
Personal Property
M & E F & F Inventory Total


Job and Payroll Commitments
Number Payroll
Fulltime Permanent 3 $45,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months


Agreement Status is: Active
Total full time equivalents at Site: 4      Cumulative Taxes
Jobs Created: 4 Real Property Taxes Paid: $113,933.94
Jobs Retained: 0 Real Property Taxes Forgone: $71,149.44
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $60,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $570,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/8/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $15,218.94 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $8,829.44
Personal Property Taxes Paid: $0.00 Annual Report Year: 2016
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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