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MATANDY STEEL & METAL PRODUCTS LLC and MATANDY REALTY LLC
Agreement #016-07-03
Zone 016


Agreement Information

Community: HAMILTON      ODOD Status: Active
County: BUTLER      Agrmt Date: 12/3/2007
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2023
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 423500

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,500,000.00 $1,500,000.00
Exemptions $0.00 $1,500,000.00 $1,500,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $500,000.00 $0.00 $0.00 $500,000.00
Exemptions $500,000.00 $0.00 $0.00 $500,000.00
 

Incentives

Variable Rate Rate Term
Real No $70.00% 15 yrs
Personal No $0.00% 0 yrs
 

Relocations

From Out of State: No State: Jobs:
In State: No Community: Jobs:
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 62      Number Payroll
Employment in Ohio: 62      Retained 0 $0.00
     Fulltime Permanent 7 $175,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 96      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $56,744.00
Jobs Retained: 58 Real Property Taxes Forgone: $132,398.00
Total FTE in Ohio: $96.00 Personal Property Taxes Paid: $0.00
New Payroll: $6,237,663.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $1,700,000.00 Other Tax Incentives: $0.00
Personal Property: $500,000.00 TIRC Date: 8/25/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $9,629.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $22,467.00
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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