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Torpe America Corporation
Agreement #046-17-01
Zone 046


Agreement Information

Community: Springfield      ODOD Status: Active
County: Clark      Agrmt Date: 5/16/2017
Local School District: Sprinfield City Schools      Amend. Date:
Nature of Business:      Expiration Date: 12/31/2033
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $25,000,000.00 $2,500,000.00 $22,000,000.00 $49,500,000.00
Exemptions $2,500,000.00 $22,000,000.00 $24,500,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $25,000,000.00 $120,000.00 $3,000,000.00 $28,120,000.00
Exemptions $25,000,000.00 $120,000.00 $3,000,000.00 $25,120,000.00
 

Incentives

Variable Rate Rate Term
Real No % yrs
Personal No % 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:      Number Payroll
Employment in Ohio:      Retained
     Fulltime Permanent 85 $3,447,600.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 21      Cumulative Taxes
Jobs Created: 21 Real Property Taxes Paid: $0.00
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $21.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,089,140.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $15,779,221.00 Other Tax Incentives: $0.00
Personal Property: $19,256,274.00 TIRC Date: 5/31/2017
Previous Year Taxes TIRC Recommendation: OTHER
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: OTHER
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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