Business  |  Tax Incentives


COMMERCIAL SAVINGS BANK
Agreement #166-05-02
Zone 166


Agreement Information

Community: UPPER SANDUSKY      ODOD Status: Active
County: WYANDOT      Agrmt Date: 11/10/2005
Local School District:      Amend. Date:
Nature of Business: BANKING OPERATIONS CENTER      Expiration Date: 12/31/2016
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 1895.0000 SIC Code: 602101

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,350,000.00 $1,350,000.00
Exemptions $0.00 $1,350,000.00 $1,350,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $695,768.00 $100,000.00 $0.00 $795,768.00
Exemptions $695,768.00 $100,000.00 $0.00 $795,768.00
 

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: 0      Number Payroll
Employment in Ohio: 139      Retained 24 $548,000.00
     Fulltime Permanent 20 $600,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 54 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 23      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $24,894.00
Jobs Retained: 23 Real Property Taxes Forgone: $66,057.00
Total FTE in Ohio: $76.00 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: $1,700,000.00 Other Tax Incentives: $0.00
Personal Property: $593,000.00 TIRC Date: 3/14/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $3,439.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $7,784.00
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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