Business  |  Tax Incentives


DIVERSIFIED HONING INC.
Agreement #300-04-03
Zone 300


Agreement Information

Community: LAWRENCE (TOWNSHIP OF)      ODOD Status: Active
County: TUSCARAWAS      Agrmt Date: 12/13/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 3490

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $0.00 $0.00
Exemptions $0.00 $0.00 $0.00
 

Personal Property

M & E F & F Inventory Total
Investments $123,000.00 $0.00 $2,000.00 $125,000.00
Exemptions $123,000.00 $0.00 $2,000.00 $123,000.00
 

Incentives

Variable Rate Rate Term
Real No $40.00% 10 yrs
Personal No $40.00% 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: 8      Retained 0 $0.00
     Fulltime Permanent 2 $80,000.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 24 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 23      Cumulative Taxes
Jobs Created: 15 Real Property Taxes Paid: $43,698.82
Jobs Retained: 0 Real Property Taxes Forgone: $26,415.23
Total FTE in Ohio: $23.00 Personal Property Taxes Paid: $0.00
New Payroll: $1,068,785.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $399,722.00 Other Tax Incentives: $0.00
Personal Property: $295,674.00 TIRC Date: 2/11/2016
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $4,626.00 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $3,084.15
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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