Business  |  Tax Incentives


Reino Linen Service, Inc. & Flood Properties (432 Windsor Lane)
Agreement #204-13-02
Zone 204


Agreement Information

Community: GIBSONBURG      ODOD Status: Active
County: SANDUSKY      Agrmt Date: 4/18/2013
Local School District:      Amend. Date:
Nature of Business: linen services      Expiration Date: 12/31/2024
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 812331

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,460,000.00 $1,460,000.00
Exemptions $0.00 $1,095,000.00 $1,095,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $40,000.00 $0.00 $0.00 $40,000.00
Exemptions $0.00 $0.00 $0.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 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: 147      Number Payroll
Employment in Ohio: 147      Retained 147 $4,919,837.00
     Fulltime Permanent 5 $119,808.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 0 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 6      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $18,810.72
Jobs Retained: 150 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $150.00 Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $36,000.00 Other Tax Incentives: $0.00
Personal Property: $20,792.00 TIRC Date: 3/14/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $18,808.72 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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