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Tax Incentives
TERRY'S TIRE TOWN INC.
Agreement #
159-03-02
Zone
159
Agreement Information
Community:
ALLIANCE
ODOD Status:
Active
County:
STARK
Agrmt Date:
6/10/2003
Local School District:
Amend. Date:
Nature of Business:
TIRE WHOLESALE
Expiration Date:
12/31/2014
School Comp Agreement:
No
Revenue Sharing:
No
Estimated Annual School Compensation
SIC Code:
5014
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
$300,000.00
$100,000.00
$0.00
$400,000.00
Exemptions
$300,000.00
$100,000.00
$0.00
$400,000.00
Incentives
Variable Rate
Rate
Term
Real
No
$0.00
%
0
yrs
Personal
No
$100.00
%
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:
6
Number
Payroll
Employment in Ohio:
163
Retained
108
$3,600,000.00
Fulltime Permanent
27
$882,000.00
Fulltime Temporary
0
$0.00
Parttime Permanent
0
$0.00
Parttime Temporary
0
$0.00
Job Creation Period:
48
months
Performance/Compliance
Agreement Status is:
Active
Total full time equivalents at Site:
193
Cumulative Taxes
Jobs Created:
85
Real Property Taxes Paid:
$0.00
Jobs Retained:
108
Real Property Taxes Forgone:
$0.00
Total FTE in Ohio:
$229.00
Personal Property Taxes Paid:
$0.00
New Payroll:
$3,161,315.00
Personal Prop. Taxes Forgone:
$0.00
Project Investment
Local Corp Income Taxes Paid:
$0.00
Real Property:
$5,199,706.00
Other Tax Incentives:
$0.00
Personal Property:
$1,344,415.00
TIRC Date:
2/27/2014
Previous Year Taxes
TIRC Recommendation:
CONTINUE
Real Property Taxes Paid:
$0.00
Local Gov't. Action/Status:
CONTINUE
Real Property Taxes Forgone:
$0.00
Personal Property Taxes Paid:
$0.00
Annual Report Year:
2013
Personal Prop. Taxes Forgone:
$0.00
Local Corp Income Taxes Paid:
$0.00
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