Business  |  Tax Incentives


SUBURBAN METAL PRODUCTS, INC.
Agreement #153-91-02
Zone 153


Agreement Information

Community: CIRCLEVILLE CITY      ODOD Status: Active
County: PICKAWAY      Agrmt Date:
Local School District:      Amend. Date:
Nature of Business:      Expiration Date:
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation 0.0000 SIC Code: 3590

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $280,000.00 $280,000.00
Exemptions $0.00 $280,000.00 $280,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real Yes $50.00% 10 yrs
Personal Yes $50.00% 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: 12      Number Payroll
Employment in Ohio: 12      Retained 12 $275,000.00
     Fulltime Permanent 10 $580,000.00
     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: 19      Cumulative Taxes
Jobs Created: 7 Real Property Taxes Paid: $10,440.00
Jobs Retained: 12 Real Property Taxes Forgone: $6,318.00
Total FTE in Ohio: $19.00 Personal Property Taxes Paid: $22,103.00
New Payroll: $260,500.00 Personal Prop. Taxes Forgone: $878.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $287,350.00 Other Tax Incentives: $0.00
Personal Property: $393,875.00 TIRC Date: 3/1/1999
Previous Year Taxes TIRC Recommendation: Continue
Real Property Taxes Paid: $2,631.00 Local Gov't. Action/Status: No Action Taken
Real Property Taxes Forgone: $1,433.00
Personal Property Taxes Paid: $4,752.00 Annual Report Year: 1998
Personal Prop. Taxes Forgone: $153.00
Local Corp Income Taxes Paid: $0.00

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