Business  |  Tax Incentives


Frederick Steel Company, LLC
Agreement #222-16-01
Zone 222


Agreement Information

Community: Woodlawn      ODOD Status: Active
County: Hamilton      Agrmt Date: 7/15/2015
Local School District: Princeton City SD      Amend. Date:
Nature of Business:      Expiration Date: 7/29/2024
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $8,150,000.00 $6,000,000.00
Exemptions $6,000,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $2,000,000.00 $150,000.00
Exemptions $2,000,000.00 $150,000.00 $2,150,000.00
 

Incentives

Variable Rate Rate Term
Real No % yrs
Personal No % 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:      Number Payroll
Employment in Ohio:      Retained 41 $1,858,645.00
     Fulltime Permanent 6 $240,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 50      Cumulative Taxes
Jobs Created: 9 Real Property Taxes Paid: $5,594.00
Jobs Retained: 41 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $50.00 Personal Property Taxes Paid: $0.00
New Payroll: $217,819.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $6,357,604.00 Other Tax Incentives: $29,761.84
Personal Property: $1,661,326.00 TIRC Date: 6/29/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $2,088.75 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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