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REIFEL INDUSTRIES
Agreement #261-04-01
Zone 261


Agreement Information

Community: PIONEER      ODOD Status: Active
County: WILLIAMS      Agrmt Date: 7/1/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 7/1/2015
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 40.0000 SIC Code: 3749

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $300,000.00 $300,000.00
Exemptions $0.00 $300,000.00 $300,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $1,245,413.00 $72,000.00 $60,000.00 $1,377,413.00
Exemptions $1,245,413.00 $72,000.00 $60,000.00 $1,317,413.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 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: 42      Number Payroll
Employment in Ohio: 42      Retained 0 $0.00
     Fulltime Permanent 25 $625,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 161      Cumulative Taxes
Jobs Created: 72 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $39,489.00
Total FTE in Ohio: $161.00 Personal Property Taxes Paid: $0.00
New Payroll: $864,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $3,000,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/22/2016
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $4,794.42
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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