Business  |  Tax Incentives


CALPINE CORPORATION
Agreement #145-01-01
Zone 145


Agreement Information

Community: FREMONT      ODOD Status: Active
County: SANDUSKY      Agrmt Date: 6/12/2001
Local School District:      Amend. Date:
Nature of Business: ELEC. GENERATION      Expiration Date: 12/31/2021
School Comp Agreement: Yes      Revenue Sharing: No
Estimated Annual School Compensation 100.0000 SIC Code: 4911

Real Property

Acquisition Improvements New Construction Total
Investments $800,000.00 $0.00 $10,000,000.00 $10,800,000.00
Exemptions $0.00 $0.00 $0.00
 

Personal Property

M & E F & F Inventory Total
Investments $336,700.00 $600,000.00 $8,500,000.00 $9,436,700.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $100.00% 10 yrs
Personal No $100.00% 10 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 0 $0.00
     Fulltime Permanent 20 $1,200,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 26      Cumulative Taxes
Jobs Created: 26 Real Property Taxes Paid: $489,986.00
Jobs Retained: 0 Real Property Taxes Forgone: $764,989.00
Total FTE in Ohio: $26.00 Personal Property Taxes Paid: $0.00
New Payroll: $3,350,878.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $14,629,100.00 Other Tax Incentives: $0.00
Personal Property: $588,911,050.00 TIRC Date: 3/24/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $216,611.00 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: $0.00

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