Business  |  Tax Incentives


WESTMORELAND COMPANY, INC. ET. AL. Agreement #06-001 
CRA # 141-14184-1P


Agreement Information
Community: CHILLICOTHE      ODOD Status: Active
County: Ross      Agrmt Date: 4/24/2006
Local School District:      Amend. Date:
     Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 4215

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,300,000.00 $2,300,000.00
Exemptions $0.00 $2,300,000.00 $2,300,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $600,000.00 $0.00 $0.00 $600,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 23 $350,000.00
Fulltime Permanent 1 $148,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 11 $230,000.00
Parttime Temporary 0 $0.00
Job Creation Period: 44 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 8      Cumulative Taxes
Jobs Created: 5 Real Property Taxes Paid: $162,641.06
Jobs Retained: 3 Real Property Taxes Forgone: $60,687.46
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $382,938.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $2,300,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/23/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $66,260.84 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $7,385.12
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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