Business  |  Tax Incentives


SAEC / Kinetic Vision, Inc. and Dynamic Sight Properties, Ltd.
Agreement #044-13-01
Zone 044


Agreement Information

Community: EVENDALE      ODOD Status: Active
County: HAMILTON      Agrmt Date: 3/27/2013
Local School District:      Amend. Date:
Nature of Business: commercial      Expiration Date: 12/31/2022
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,360,000.00 $1,360,000.00
Exemptions $0.00 $1,020,000.00 $1,020,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $210,000.00 $0.00 $0.00 $210,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $8.00% 75 yrs
Personal No $0.00% 0 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: 52      Number Payroll
Employment in Ohio: 52      Retained 52 $2,626,000.00
     Fulltime Permanent 30 $1,440,000.00
     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: 88      Cumulative Taxes
Jobs Created: 36 Real Property Taxes Paid: $9,490.00
Jobs Retained: 52 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $88.00 Personal Property Taxes Paid: $0.00
New Payroll: $2,460,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $1,442,000.00 Other Tax Incentives: $0.00
Personal Property: $340,000.00 TIRC Date: 6/9/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $3,247.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
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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