Business  |  Tax Incentives


QUALITY GOLD, INC. & QGC LANDHOLDINGS LLC
Agreement #168-05-04
Zone 168


Agreement Information

Community: FAIRFIELD      ODOD Status: Active
County: BUTLER      Agrmt Date: 7/19/2005
Local School District:      Amend. Date:
Nature of Business: DISTRIBUTION      Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 5094

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 $400,000.00 $0.00 $5,000,000.00 $5,400,000.00
Exemptions $400,000.00 $0.00 $5,000,000.00 $400,000.00
 

Incentives

Variable Rate Rate Term
Real No $65.00% 10 yrs
Personal No $65.00% 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: 171      Number Payroll
Employment in Ohio: 171      Retained 171 $3,700,000.00
     Fulltime Permanent 30 $625,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 27 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 318      Cumulative Taxes
Jobs Created: 137 Real Property Taxes Paid: $263,387.00
Jobs Retained: 143 Real Property Taxes Forgone: $489,705.00
Total FTE in Ohio: $318.00 Personal Property Taxes Paid: $0.00
New Payroll: $4,028,058.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $1,755,180.00 Other Tax Incentives: $0.00
Personal Property: $4,065,844.00 TIRC Date: 11/4/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $26,759.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $49,362.00
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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