Business  |  Tax Incentives


Black Sapphire C Columbus University 2014 Inc.
Agreement #023-10-01
Zone 023


Agreement Information

Community: COLUMBUS      ODOD Status: Active
County: FRANKLIN      Agrmt Date: 12/22/2010
Local School District:      Amend. Date:
Nature of Business: Commercial      Expiration Date: 12/31/2022
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 721000

Real Property

Acquisition Improvements New Construction Total
Investments $500,000.00 $0.00 $13,600,000.00 $14,100,000.00
Exemptions $0.00 $10,200,000.00 $10,200,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $0.00 $2,412,000.00 $0.00 $2,412,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 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: 0      Number Payroll
Employment in Ohio: 0      Retained 0 $0.00
     Fulltime Permanent 15 $527,080.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 6 $79,040.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 7      Cumulative Taxes
Jobs Created: 7 Real Property Taxes Paid: $337,317.31
Jobs Retained: 0 Real Property Taxes Forgone: $326,995.58
Total FTE in Ohio: $22.00 Personal Property Taxes Paid: $0.00
New Payroll: $357,289.20 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $12,593,194.00 Other Tax Incentives: $0.00
Personal Property: $3,654,834.00 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $112,778.58 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $109,804.92
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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