Business Services |
Tax Incentives
Discover Financial Services
Agreement #
12-001
CRA #
049-02915-01
Agreement Information
Community:
New Albany
ODOD Status:
Active
County:
LICKING
Agrmt Date:
6/18/2012
Local School District:
New Albany-Plain Local SD
Amend. Date:
Expiration Date:
12/31/2029
School Comp Agreement:
Yes
Revenue Sharing:
No
SIC Code:
Real Property
Acquisition
Improvements
New Construction
Total
Investments
$0.00
$0.00
$33,700,000.00
$33,700,000.00
Exemptions
$0.00
$21,905,000.00
$21,905,000.00
Real Property Tax Incentives
Percentage
65
%
Term
15
years
Personal Property
M & E
F & F
Inventory
Total
Investments
$42,500,000.00
$0.00
$0.00
$42,500,000.00
Employment
Job and Payroll Commitments
Number
Payroll
Retained
0
$0.00
Fulltime Permanent
0
$0.00
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:
2393
Cumulative Taxes
Jobs Created:
812
Real Property Taxes Paid:
$1,456,648.08
Jobs Retained:
1581
Real Property Taxes Forgone:
$1,917,621.82
Total FTE in Ohio:
Personal Property Taxes Paid:
$0.00
New Payroll:
$28,280,584.05
Personal Prop. Taxes Forgone:
Project Investment
Real Property:
$31,286,622.00
Other Tax Incentives:
$0.00
Personal Property:
$34,702,453.00
TIRC Date:
8/29/2017
Previous Year Taxes
TIRC Recommendation:
CONTINUE
Real Property Taxes Paid:
$341,850.48
Local Gov't. Action/Status:
CONTINUE
Real Property Taxes Forgone:
$419,294.36
Personal Property Taxes Paid:
Annual Report Year:
2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:
Back to Search Page