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Tax Incentives
Old Dominion Freight Line, Inc.
Agreement #
038-10-02
Zone
038
Agreement Information
Community:
CANTON
ODOD Status:
Active
County:
STARK
Agrmt Date:
8/13/2010
Local School District:
Amend. Date:
Nature of Business:
industrial
Expiration Date:
12/31/2018
School Comp Agreement:
No
Revenue Sharing:
No
Estimated Annual School Compensation
SIC Code:
484120
Real Property
Acquisition
Improvements
New Construction
Total
Investments
$0.00
$0.00
$5,750,000.00
$5,750,000.00
Exemptions
$0.00
$4,312,500.00
$4,312,500.00
Personal Property
M & E
F & F
Inventory
Total
Investments
$2,800,000.00
$160,000.00
$850,000.00
$3,810,000.00
Exemptions
$0.00
$0.00
$0.00
$0.00
Incentives
Variable Rate
Rate
Term
Real
No
$75.00
%
7
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:
0
Number
Payroll
Employment in Ohio:
0
Retained
0
$0.00
Fulltime Permanent
34
$0.00
Fulltime Temporary
0
$0.00
Parttime Permanent
0
$0.00
Parttime Temporary
0
$0.00
Job Creation Period:
60
months
Performance/Compliance
Agreement Status is:
Active
Total full time equivalents at Site:
65
Cumulative Taxes
Jobs Created:
65
Real Property Taxes Paid:
$112,476.54
Jobs Retained:
0
Real Property Taxes Forgone:
$215,266.02
Total FTE in Ohio:
$883.00
Personal Property Taxes Paid:
$0.00
New Payroll:
$3,648,688.00
Personal Prop. Taxes Forgone:
$0.00
Project Investment
Local Corp Income Taxes Paid:
Real Property:
$5,944,578.00
Other Tax Incentives:
$0.00
Personal Property:
$1,836,812.00
TIRC Date:
3/20/2017
Previous Year Taxes
TIRC Recommendation:
CONTINUE
Real Property Taxes Paid:
$17,079.54
Local Gov't. Action/Status:
CONTINUE
Real Property Taxes Forgone:
$37,419.02
Personal Property Taxes Paid:
$0.00
Annual Report Year:
2017
Personal Prop. Taxes Forgone:
$0.00
Local Corp Income Taxes Paid:
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