Business  |  Tax Incentives


CI ADAMS PROPERTY LLC AND COLUMBUS INDUSTRIES INC.
Agreement #150-04-02
Zone 150


Agreement Information

Community: WEST UNION      ODOD Status: Active
County: ADAMS      Agrmt Date: 11/8/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 339900

Real Property

Acquisition Improvements New Construction Total
Investments $550,000.00 $1,050,000.00 $0.00 $1,600,000.00
Exemptions $1,050,000.00 $0.00 $1,050,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $750,000.00 $0.00 $350,000.00 $1,100,000.00
Exemptions $750,000.00 $0.00 $350,000.00 $750,000.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $75.00% 10 yrs
 

Relocations

From Out of State: No State: South Jobs: 30
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: 112      Retained 0 $625,000.00
     Fulltime Permanent 40 $625,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 134      Cumulative Taxes
Jobs Created: 82 Real Property Taxes Paid: $133,946.00
Jobs Retained: 0 Real Property Taxes Forgone: $51,961.00
Total FTE in Ohio: $200.00 Personal Property Taxes Paid: $21,153.00
New Payroll: $2,149,547.00 Personal Prop. Taxes Forgone: $5,955.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $2,265,365.00 Other Tax Incentives: $0.00
Personal Property: $1,284,349.00 TIRC Date: 2/10/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $12,178.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $5,731.00
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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