Business  |  Tax Incentives


DIANE SAUER CHEVROLET, INC.
Agreement #111-04-05
Zone 111


Agreement Information

Community: WARREN      ODOD Status: Active
County: TRUMBULL      Agrmt Date: 9/29/2004
Local School District:      Amend. Date:
Nature of Business: AUTO DEALERSHIP      Expiration Date: 12/31/2014
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 441110

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $900,000.00 $1,600,000.00 $2,500,000.00
Exemptions $900,000.00 $1,600,000.00 $2,500,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $55,000.00 $0.00 $0.00 $55,000.00
Exemptions $55,000.00 $0.00 $0.00 $55,000.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $75.00% 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: 73      Number Payroll
Employment in Ohio: 73      Retained 73 $3,257,607.00
     Fulltime Permanent 5 $175,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 57      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $201,786.00
Jobs Retained: 57 Real Property Taxes Forgone: $295,841.00
Total FTE in Ohio: $57.00 Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $4,481,308.00 Other Tax Incentives: $0.00
Personal Property: $418,503.00 TIRC Date: 6/8/2015
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $34,592.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $60,368.00
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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