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Agreement #016-07-04
Zone 016

Agreement Information

Community: HAMILTON      ODOD Status: Active
County: BUTLER      Agrmt Date: 9/23/2007
Local School District:      Amend. Date:
Nature of Business: HOTEL      Expiration Date: 12/31/2023
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 7011

Real Property

Acquisition Improvements New Construction Total
Investments $600,000.00 $5,445,000.00 $0.00 $6,045,000.00
Exemptions $5,445,000.00 $0.00 $5,445,000.00

Personal Property

M & E F & F Inventory Total
Investments $400,000.00 $1,700,000.00 $100,000.00 $2,200,000.00
Exemptions $400,000.00 $1,700,000.00 $100,000.00 $2,100,000.00


Variable Rate Rate Term
Real No $70.00% 15 yrs
Personal No $70.00% 15 yrs


From Out of State: No State: Jobs:
In State: No Community: Jobs:
Waiver Issued by ODOD: None


Existing Employment Job and Payroll Commitments
Employment at site: 36      Number Payroll
Employment in Ohio: 36      Retained 36
     Fulltime Permanent 36
     Fulltime Temporary 0
     Parttime Permanent 12
Parttime Temporary 0
Job Creation Period: 36 months


Agreement Status is: Active
Total full time equivalents at Site: 29      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $161,041.00
Jobs Retained: 0 Real Property Taxes Forgone: $415,534.00
Total FTE in Ohio: $29.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,174,848.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $9,510,827.00 Other Tax Incentives: $0.00
Personal Property: $2,554,670.00 TIRC Date: 8/25/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $29,849.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $69,648.00
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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