Business  |  Tax Incentives


MEVA FORMWORK SYSTEMS, INC.
Agreement #194-07-01
Zone 194


Agreement Information

Community: GREEN (TOWNSHIP OF)      ODOD Status: Active
County: CLARK      Agrmt Date: 10/30/2007
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

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

Personal Property

M & E F & F Inventory Total
Investments $5,000,000.00 $50,000.00 $2,500,000.00 $7,550,000.00
Exemptions $5,000,000.00 $50,000.00 $0.00 $5,050,000.00
 

Incentives

Variable Rate Rate Term
Real No $60.00% 10 yrs
Personal No $60.00% 10 yrs
 

Relocations

From Out of State: No State: Jobs:
In State: Yes Community: Springfield Jobs: 13
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 13      Number Payroll
Employment in Ohio: 13      Retained 13 $665,000.00
     Fulltime Permanent 12 $455,000.00
     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: 52      Cumulative Taxes
Jobs Created: 39 Real Property Taxes Paid: $147,488.75
Jobs Retained: 13 Real Property Taxes Forgone: $156,289.71
Total FTE in Ohio: $56.00 Personal Property Taxes Paid: $0.00
New Payroll: $2,690,555.84 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $4,526,268.80 Other Tax Incentives: $0.00
Personal Property: $32,542,552.72 TIRC Date: 5/27/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $21,393.78 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $25,164.81
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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