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TARGET CORPORATION
Agreement #088-02-01
Zone 088


Agreement Information

Community: WEST JEFFERSON      ODOD Status: Active
County: MADISON      Agrmt Date: 8/26/2002
Local School District:      Amend. Date:
Nature of Business: DISTRIBUTION      Expiration Date: 8/26/2014
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 202833.0000 SIC Code: 5331

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $54,500,000.00 $54,500,000.00
Exemptions $0.00 $54,500,000.00 $54,500,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $36,588,000.00 $825,000.00 $0.00 $37,413,000.00
Exemptions $36,588,000.00 $825,000.00 $0.00 $37,413,000.00
 

Incentives

Variable Rate Rate Term
Real No $0.00% 0 yrs
Personal No $100.00% 10 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: 0      Number Payroll
Employment in Ohio: 0      Retained 0 $0.00
     Fulltime Permanent 900 $25,000,000.00
     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: 621      Cumulative Taxes
Jobs Created: 662 Real Property Taxes Paid: $4,627,075.00
Jobs Retained: 0 Real Property Taxes Forgone: $5,562,420.00
Total FTE in Ohio: $2,710.00 Personal Property Taxes Paid: $0.00
New Payroll: $29,952,193.15 Personal Prop. Taxes Forgone: $1,145,037.96
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $50,608,922.83 Other Tax Incentives: $0.00
Personal Property: $44,299,622.87 TIRC Date: 2/25/2016
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $508,983.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $752,052.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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