Business  |  Tax Incentives


ADVANTAGE POWDER COATING
Agreement #060-07-02
Zone 060


Agreement Information

Community: DEFIANCE      ODOD Status: Active
County: DEFIANCE      Agrmt Date: 8/27/2007
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3999

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,850,000.00 $1,850,000.00
Exemptions $0.00 $1,850,000.00 $1,850,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00
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: 70      Retained 0 $0.00
     Fulltime Permanent 6 $150,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 16 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 3      Cumulative Taxes
Jobs Created: 3 Real Property Taxes Paid: $0.00
Jobs Retained: 3 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $3.00 Personal Property Taxes Paid: $0.00
New Payroll: $58,706.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $606,716.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 4/29/2015
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $1,923.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $4,487.00
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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