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KATZ HOLDING LLC AND BEST LIGHTING PRODUCTS INC
Agreement #091-07-03
Zone 091


Agreement Information

Community: ETNA (TOWNSHIP OF)      ODOD Status: Active
County: LICKING      Agrmt Date: 11/8/2007
Local School District:      Amend. Date:
Nature of Business: INVENTORY & CALL CENTER      Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $600,000.00 $600,000.00
Exemptions $0.00 $600,000.00 $600,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $25,000.00 $25,000.00 $1,000,000.00 $1,050,000.00
Exemptions $25,000.00 $25,000.00 $1,000,000.00 $50,000.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 10 yrs
Personal No $60.00% 10 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: 58      Number Payroll
Employment in Ohio: 58      Retained 58
     Fulltime Permanent 14 $350,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 37 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 107      Cumulative Taxes
Jobs Created: 40 Real Property Taxes Paid: $149,935.00
Jobs Retained: 58 Real Property Taxes Forgone: $177,896.00
Total FTE in Ohio: $107.00 Personal Property Taxes Paid: $0.00
New Payroll: $690,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $600,000.00 Other Tax Incentives: $0.00
Personal Property: $795,565.00 TIRC Date: 3/24/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $20,505.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $5,790.00
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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