Business  |  Tax Incentives


LORTON RENTALS, LLC Agreement #07-002 
CRA # 173-03420-01


Agreement Information
Community: PERRYSBURG      ODOD Status: Active
County: Wood      Agrmt Date: 7/30/2007
Local School District:      Amend. Date:
     Expiration Date: 12/31/2018
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $2,000,000.00 $2,000,000.00
Exemptions $0.00 $2,000,000.00 $2,000,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $225,000.00 $0.00 $0.00 $225,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 4 $127,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 1 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 47      Cumulative Taxes
Jobs Created: 32 Real Property Taxes Paid: $99,338.82
Jobs Retained: 0 Real Property Taxes Forgone: $170,973.75
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $3,534,328.16 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,906,366.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/16/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $17,128.82 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $32,973.75
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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