Business  |  Tax Incentives


FENNER DUNLOP INC.
Agreement #146-07-01
Zone 146


Agreement Information

Community: ERIE (TOWNSHIP OF)      ODOD Status: Active
County: OTTAWA      Agrmt Date: 2/20/2007
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2025
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3152

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $500,000.00 $8,000,000.00 $8,500,000.00
Exemptions $500,000.00 $8,050,000.00 $8,550,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $30,000,000.00 $250,000.00 $10,000,000.00 $40,250,000.00
Exemptions $30,000,000.00 $250,000.00 $10,000,000.00 $30,250,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 15 yrs
Personal No $100.00% 15 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: 130      Number Payroll
Employment in Ohio: 171      Retained 0 $0.00
     Fulltime Permanent 55 $3,750,000.00
     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: 65      Cumulative Taxes
Jobs Created: 65 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $241,427.47
Total FTE in Ohio: $101.00 Personal Property Taxes Paid: $0.00
New Payroll: $3,378,648.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $8,871,230.00 Other Tax Incentives: $0.00
Personal Property: $33,799,551.00 TIRC Date: 7/15/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $33,405.47
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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