Business  |  Tax Incentives


YAC ROBOT SYSTEMS, INC.
Agreement #016-04-02
Zone 016


Agreement Information

Community: HAMILTON      ODOD Status: Active
County: BUTLER      Agrmt Date: 12/7/2004
Local School District:      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2021
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 100.0000 SIC Code: 811210

Real Property

Acquisition Improvements New Construction Total
Investments $675,000.00 $110,000.00 $0.00 $785,000.00
Exemptions $110,000.00 $0.00 $110,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $80,000.00 $0.00 $0.00 $80,000.00
Exemptions $80,000.00 $0.00 $0.00 $80,000.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 15 yrs
Personal No $100.00% 15 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: 0      Number Payroll
Employment in Ohio: 0      Retained 11 $0.00
     Fulltime Permanent 2 $80,000.00
     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: 28      Cumulative Taxes
Jobs Created: 3 Real Property Taxes Paid: $0.00
Jobs Retained: 11 Real Property Taxes Forgone: $8,168.00
Total FTE in Ohio: $28.00 Personal Property Taxes Paid: $0.00
New Payroll: $2,187,468.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $110,000.00 Other Tax Incentives: $0.00
Personal Property: $189,267.00 TIRC Date: 8/25/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $2,042.00
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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