Business  |  Tax Incentives


SAEC/Kinetic Vision, Inc. and Dynamic Sight Properties, Ltd.
Agreement #044-10-01
Zone 044


Agreement Information

Community: EVENDALE      ODOD Status: Active
County: HAMILTON      Agrmt Date: 5/26/2010
Local School District:      Amend. Date:
Nature of Business: Office Bldg      Expiration Date: 5/26/2020
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 541330

Real Property

Acquisition Improvements New Construction Total
Investments $108,000.00 $0.00 $1,170,000.00 $1,278,000.00
Exemptions $0.00 $877,500.00 $877,500.00
 

Personal Property

M & E F & F Inventory Total
Investments $45,000.00 $45,000.00 $0.00 $90,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 6 yrs
Personal No $0.00% 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: 32      Retained 20 $1,370,000.00
     Fulltime Permanent 9 $542,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 8 $160,000.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 88      Cumulative Taxes
Jobs Created: 32 Real Property Taxes Paid: $32,689.00
Jobs Retained: 20 Real Property Taxes Forgone: $66,817.00
Total FTE in Ohio: $88.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,219,490.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $1,445,164.00 Other Tax Incentives: $0.00
Personal Property: $1,175,000.00 TIRC Date: 6/9/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $8,593.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $17,564.00
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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