Business  |  Tax Incentives


Poet Biorefining - Marion, LLC
Agreement #028-17-01
Zone 028


Agreement Information

Community: Marion      ODOD Status: Active
County: Marion      Agrmt Date: 5/16/2017
Local School District: Ridgedale Local Schools      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2030
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $35,000,000.00
Exemptions $35,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $70,000,000.00
Exemptions $70,000,000.00
 

Incentives

Variable Rate Rate Term
Real No % yrs
Personal No % yrs
 

Relocations

From Out of State: No State: Jobs: 0
In State: No Community: Jobs: 0
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site:      Number Payroll
Employment in Ohio:      Retained
     Fulltime Permanent 18 $850,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 45      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $45.00 Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $0.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/24/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

Back to Search Page