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PENN STATION REALTY LTD
Agreement #086-07-05
Zone 086


Agreement Information

Community: MIAMI (TOWNSHIP OF)      ODOD Status: Active
County: CLERMONT      Agrmt Date: 12/3/2007
Local School District:      Amend. Date:
Nature of Business: BUSINESS HEADQUARTERS      Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $450,000.00 $0.00 $1,200,000.00 $1,650,000.00
Exemptions $0.00 $1,200,000.00 $1,200,000.00
 

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 $60.00% 6 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: 14      Retained 14 $1,600,000.00
     Fulltime Permanent 6 $360,000.00
     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: 19      Cumulative Taxes
Jobs Created: 5 Real Property Taxes Paid: $90,297.00
Jobs Retained: 14 Real Property Taxes Forgone: $55,886.00
Total FTE in Ohio: $25.00 Personal Property Taxes Paid: $0.00
New Payroll: $314,739.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $1,187,800.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 12/16/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $13,974.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $11,076.00
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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