Business  |  Tax Incentives


TP Mechanical Contractors, Inc. & Teepe, Ltd.
Agreement #222-08-01
Zone 222


Agreement Information

Community: FOREST PARK      ODOD Status: Active
County: HAMILTON      Agrmt Date: 11/5/2008
Local School District:      Amend. Date:
Nature of Business: commercial      Expiration Date: 12/31/2020
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 238220

Real Property

Acquisition Improvements New Construction Total
Investments $3,150,000.00 $0.00 $800,000.00 $3,950,000.00
Exemptions $0.00 $600,000.00 $600,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $410,000.00 $300,000.00 $0.00 $710,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 9 yrs
Personal No $0.00% 0 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: 158      Number Payroll
Employment in Ohio: 158      Retained 158 $7,500,000.00
     Fulltime Permanent 20 $900,000.00
     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: 251      Cumulative Taxes
Jobs Created: 94 Real Property Taxes Paid: $787,221.00
Jobs Retained: 158 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $449.00 Personal Property Taxes Paid: $0.00
New Payroll: $226,090.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $2,938,639.00 Other Tax Incentives: $0.00
Personal Property: $1,065,902.00 TIRC Date: 6/9/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $111,468.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
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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