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Tax Incentives
New Lima Housing for the Future, Inc.
Agreement #
11-001
CRA #
003-02205-07
Agreement Information
Community:
LIMA
ODOD Status:
Active
County:
ALLEN
Agrmt Date:
12/28/2011
Local School District:
LIMA CITY SD
Amend. Date:
Expiration Date:
12/31/2027
School Comp Agreement:
No
Revenue Sharing:
No
SIC Code:
Real Property
Acquisition
Improvements
New Construction
Total
Investments
$0.00
$0.00
$3,600,000.00
$3,600,000.00
Exemptions
$0.00
$2,280,000.00
$2,280,000.00
Real Property Tax Incentives
Percentage
63
%
Term
15
years
Personal Property
M & E
F & F
Inventory
Total
Investments
$0.00
$0.00
$0.00
$0.00
Employment
Job and Payroll Commitments
Number
Payroll
Retained
0
$0.00
Fulltime Permanent
1
$45,000.00
Fulltime Temporary
0
$0.00
Parttime Permanent
1
$10,000.00
Parttime Temporary
0
$0.00
Job Creation Period:
36
months
Performance/Compliance
Agreement Status is:
Active
Total full time equivalents at Site:
1
Cumulative Taxes
Jobs Created:
0
Real Property Taxes Paid:
$48,044.70
Jobs Retained:
1
Real Property Taxes Forgone:
$101,157.22
Total FTE in Ohio:
Personal Property Taxes Paid:
$0.00
New Payroll:
$0.00
Personal Prop. Taxes Forgone:
Project Investment
Real Property:
$1,503,300.00
Other Tax Incentives:
$0.00
Personal Property:
$0.00
TIRC Date:
3/20/2018
Previous Year Taxes
TIRC Recommendation:
CONTINUE
Real Property Taxes Paid:
$11,772.52
Local Gov't. Action/Status:
CONTINUE
Real Property Taxes Forgone:
$22,044.26
Personal Property Taxes Paid:
Annual Report Year:
2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:
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