Business  |  Tax Incentives


Middletown Coke Company, Inc.
Agreement #008-08-03
Zone 008


Agreement Information

Community: middletown      ODOD Status: Active
County: BUTLER      Agrmt Date: 9/18/2008
Local School District:      Amend. Date:
Nature of Business: Industrial      Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 324199

Real Property

Acquisition Improvements New Construction Total
Investments $6,000,000.00 $0.00 $3,350,000.00 $9,350,000.00
Exemptions $0.00 $1,675,000.00 $1,675,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $333,200,000.00 $50,000.00 $11,500,000.00 $344,750,000.00
Exemptions
 

Incentives

Variable Rate Rate Term
Real No $50.00% 10 yrs
Personal No $50.00% 10 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: 0      Number Payroll
Employment in Ohio: 0      Retained 0 $0.00
     Fulltime Permanent 86 $4,000,000.00
     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: 91      Cumulative Taxes
Jobs Created: 91 Real Property Taxes Paid: $833,713.77
Jobs Retained: 0 Real Property Taxes Forgone: $45,378.27
Total FTE in Ohio: $91.00 Personal Property Taxes Paid: $0.00
New Payroll: $7,583,897.78 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $14,664,159.17 Other Tax Incentives: $0.00
Personal Property: $404,627,465.78 TIRC Date: 4/16/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $251,173.04 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $24,883.02
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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