west chester township and lakota school...

REZ COMPANY NAME FACILITY CITY SCHOOL DIST RPT YR168-05-06 Amylin Ohio LLC. W. Chester Township Lakota LSC 2011168-08-01 Amylin Ohio LLC. W. Chester Township Lakota LSC 2011168-07-01 BAE Holdings Survivability Syst, Inc. W. Chester Township Lakota LSC 2011168-09-01 GE Aviation W. Chester Township Lakota LSC 2011168-02-01 Pierre Foods, Inc. W. Chester Township Lakota LSC 2011168-05-02 Rite Track Equip. Services W. Chester Township Lakota LSC 2011

2011TIF 92-440 Union Centre Blvd. W. Chester Township Lakota LSC 2011TIF 92-441 State Rt. 747 W. Chester Township Lakota LSC 2011TIF Cincinnati-Dayton Road W. Chester Township Lakota LSC 2011TIF Union Township-I75/Tylersville Rd W. Chester Township Lakota LSC 2011TIF Central Business District W. Chester Township Lakota LSC 2011

TIF 91-442 VOA/Four Bridges W. Chester Township Lakota LSC 2011TIF 91-443 University Pointe W. Chester Township Lakota LSC 2011

WEST CHESTER TOWNSHIP AND LAKOTA SCHOOL DISTRICT

WChester Twnsh and LSD.xls

168-05-06 WEST CHESTER LAKOTA LSD

APPROVED: 12/23/2005COMPLETION: 12/31/2015 PHASE I

AMENDED: none

ABATEMENT Real PropertyTERM 8

AMOUNT 75%

COMMENTS:

AMYLIN OHIO LLC

Amylin has until 2008 to achieve minimum Real Property investment.

2008 TIRC - Continued2009 TIRC - Continued2010 TIRC - Continued2011 TIRC- Continued

MINIMUM, $16,000, 25%

ESTIMATED, $0, 0%

MAXIMUM, $20,000, 31%

ACTUAL, $28,000, 44%

INVESTMENT ($000's)

MINIMUM ESTIMATED MAXIMUM ACTUAL

$633

$1,6

87

$2,7

42

$2,7

42

$2,7

42

$2,7

42

$2,7

42

$2,7

42

$2,7

42

$2,7

42

$746

$1,7

00

$2,7

00

$2,8

00 $3

,400

$3,2

00

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

PAYROLL CREATED ($000'S)ESTIMATED ACTUAL

12

32

52 52 52 52 52 52 52 52

15

32

50 50 48

42

0

10

20

30

40

50

60

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

JOBS CREATED ESTIMATED ACTUAL

$458 OVER ESTIMATE

$8,000 OVER MAXIMUM

SHORT 10


APPROVED: 3/11/2008COMPLETION: 12/31/2018

AMENDED: none


AMOUNT 75%

COMMENTS:

AMYLIN OHIO LLC

2008 First year reporting. 2009 TIRC recommended continuation 2010 TIRC recommended continuation 2011 TIRC recommended continuation

MINIMUM, $81,000, 27%

ESTIMATED, $90,000, 29%

MAXIMUM, $99,000, 32%

ACTUAL, $36,000, 12%

INVESTMENT ($000's)


160

285

400 425 450 450 450 450 450 450 450

167

224 248

240

0

100

200

300

400

500

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018


Under Est 185

$8,6

40 $1

5,39

0

$19,

440

$21,

870

$24,

300

$24,

300

$24,

300

$24,

300

$24,

300

$24,

300

$24,

300

$9,1

00 $1

6,00

0

$17,

600

$19,

000

$2,000$7,000

$12,000$17,000$22,000$27,000$32,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

PAYROLL CREATED ESTIMATE ACTUAL

Under Est.$2,870

Short Minimum$45,000

52 52 52 52 52 52 52 52 52 52 5250 50 4842

010203040506070

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

JOBS RETAINED ESTIMATED ACTUAL

Short Est.10

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,7

00

$2,8

00

$3,4

00

$3,2

00

$0

$1,000

$2,000

$3,000

$4,000

$5,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

PAYROLL RETAINED ($000) ESTIMATED ACTUAL

Over 500 Est



AMENDED: none


AMOUNT 75%

COMMENTS:

BAE SYSTEMS

THE COMPANY HAS UNTIL DECEMBER 31, 2010 TO COMPLETE THE PROJECT.2008 TIRC recommended Continuation2009 TIRC recommended Continuation 2010 TIRC recommended Continuation 2011 TIRC recommended Continuation

MINIMUM, $32,040, 21%

ESTIMATED, $35,600, 23%

MAXIMUM, $39,160, 26%

ACTUAL, $45,994, 30%

INVESTMENT ($000's)


542

542

542

542

542

542

542

542

542

542

542

542

1221

542

542

315

0300600900

120015001800

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


$0 $2,0

80

$4,1

60

$6,2

40

$6,2

40

$6,2

40

$6,2

40

$6,2

40

$6,2

40

$6,2

40

$6,2

40

$4,7

05 $1

8,75

5 $29,

611

$8,8

26

$0

$0

$10,000

$20,000

$30,000

$40,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

PAYROLL CREATED ($000'S) ESTIMATED ACTUAL

0 50 100

150

150

150

150

150

150

150

150

100

679 78

1

138

0

0

200

400

600

800

1000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


Below Estimate $6,240

Below Est150

Below Estimate 227

$23,

252

$23,

252

$23,

252

$23,

252

$23,

252

$23,

252

$23,

252

$23,

252

$23,

252

$23,

252

$23,

252

$23,

949

$30,

765

$29,

668

$24,

797

$12,

864

$5,000

$15,000

$25,000

$35,000

$45,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

RETAINED PAYROLL ESTIMATED ACTUALUnder Est$10,398

Over Est.$10,394

168-09-01 WEST CHESTER Lakota Local Schools


AMENDED: none


AMOUNT 100%

COMMENTS:

GE Aviation

2010 First annual reporting - TIRC to review2011 TIRC recommended continuation

MINIMUM, $36,000, 22%

ESTIMATED, $40,000, 25%MAXIMUM,

$44,000, 28%

ACTUAL, $39,400, 25%

INVESTMENT ($000)


0200400600800

10001200140016001800

2010 2011 2012 2013 2014 2015 2016 2017 2018

JOBS RETAINED AND RELOCATED TO PROJECT SITEESTIMATED ACTUAL

020000400006000080000

100000120000140000160000

2010 2011 2012 2013 2014 2015 2016 2017 2018

PAYROLL RETAINED ($000'S) ESTIMATED ACTUAL

$3,400Over Min

On Target

On Target



AMENDED: 8/29/2002


AMOUNT 50%

COMMENTS:

PIERRE FOODS

Construction begin 5/02 & end 5/05.On August 29, 2002 the EZ Agreement was amended changing the term of the exemption to read "No exemption shall commence after tax year 2005 nor extend beyond tax year 2012".

2008 TIRC recommended continuation2009 TIRC recommended continuation2010 TIRC recommended continuation2011 TIRC recommended continuation

MINIMUM, $4,545

ESTIMATED, $5,050

MAXIMUM, $5,555

ACTUAL, $5,052

INVESTMENT ($000)


$0 $0 $0

$1,0

00

$1,5

00

$2,0

00

$2,0

00

$2,0

00

$2,0

00

$2,0

00

$1,3

00 $2,5

50 $3,5

00

$3,0

10 $4,4

16

$4,8

51

$4,3

54

$1,8

04 $3,0

68

$2,9

44

$0$1,000$2,000$3,000$4,000$5,000$6,000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011


0 0 0

6090

120 120 120 120 120

63

123

167145

213234

210

87

148 142

0

50

100

150

200

250

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011


Over Est.

22 Over

On Target.

750

750

750

750

750

750

750

750

750

750

750

750

750

750

750

750

750

750

750

750

0

200

400

600

800

1000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011


On Target

$30,

500

$30,

500

$30,

500

$30,

500

$30,

500

$30,

500

$30,

500

$30,

500

$30,

500

$30,

500

$33,

417

$34,

374

$40,

611

$41,

439

$40,

741

$41,

868

$42,

057

$0

$10,000

$20,000

$30,000

$40,000

$50,000

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011


$11,557 Over

168-05-02 West Chester Lakota LSD


AMENDED: none


AMOUNT 45%

COMMENTS:

RITE TRACK

68 of the retained jobs and related payroll are the result of the 1998 EZA$3.1M of the $3.6 Minimum Personal Property Investment is Inventory. Rite Track has changed the procedure for handling Inventory thus reducing their amount of ownership.As of 9/08 total employment at the site is holding at 71. Company had a loss in 2007 but on target to show a profit for 2008. Actual total payroll is $92,000 under total estimate.2008 TIRC recommended continuation. The DTE form was not completed properly and there has been a delay in RT receiving any tax saving benefits. July 09 the form was approved and ODOT confirmed the agreement was now complete.2009 TIRC recommended continuation 2010 Agree modifed to reduce real property from 65% to 45%, JC reduced from 30 to 10, JR reduced from 65 to 36, PC of $1,130 be reduced to $339, PR of $3,286 reduced to $1,600. 2011 - TIRC recommended continuation

MINIMUM, $1,297, 22%

ESTIMATED, $1,441, 25%MAXIMUM,

$1,585, 27%

ACTUAL, $1,500, 26%

INVESTMENT ($000)


65 65 65 65

36 36 36 36

65 65 65 66

36 36 36

30

50

70

2005 2006 2007 2008 2009 2010 2011 2012


$376

$753

$1,1

30

$1,1

30

$339

$339

$339

$339

$311

$1,3

09

$345

$55

$0 $2

49

$210

$0

$400

$800

$1,200

$1,600

2005 2006 2007 2008 2009 2010 2011 2012


10

20

30 30

10 10 10 108

28

61 0 0

5

0

10

20

30

40

2005 2006 2007 2008 2009 2010 2011 2012


$3,2

86

$3,2

86

$3,2

86

$3,2

86

$1,6

00

$1,6

00

$1,6

00

$1,6

00

$3,3

67

$4,0

13

$3,9

79

$3,5

19

$1,6

76

$1,8

34

$2,2

85

$0

$1,000

$2,000

$3,000

$4,000

$5,000

2005 2006 2007 2008 2009 2010 2011 2012


$685 Over EST.

$129UNDER EST.

5 UNDER EST

On Target

$59,000 Over Est.

2011 EZ AGREEMENTS SUMMARY

Jobs Created New Payroll

Jobs Retained

Retained Payroll

Real Property Investment

COMMITTED 782 $35,620,856 2,030 $167,551,500 $197,091,000ACTUAL 429 $25,354,698 2,543 $200,405,794 $155,952,077

OVER UNDERCOMMITTED -353 -$10,266,158 513 $32,854,294 -$41,138,923

WEST CHESTER TWP. (6)*

2011 EZ AGREEMENTS SUMMARY

REZ. CompanyName Facility City School DistrictReport Year

Cumulative Real Property

Taxes Paid

Cumulative Real Property

Taxes Forgone

Actual Real Property Percent

Forgone

Cumulative Property

Taxes Paid

Cumulative Property

Taxes Forgone

Actual Percent Forgone

Real Property

Incentives

Real Property

Term168-05-06 Amylin Ohio LLC WEST CHESTER TWP LAKOTA LSD 2011 $962,600 $506,500 34.5% $0 $0 0.0% 75 8168-08-01 Amylin Ohio LLC WEST CHESTER TWP LAKOTA LSD 2011 $532,000 $658,600 55.3% $0 $0 0.0% 75 10168-07-01 BAE Holdings Survivability Systems, LLCWEST CHESTER TWP LAKOTA LSD 2011 $20,384 $61,151 0.0% $0 $0 0.0% 75 7168-09-01 GE Aviation WEST CHESTER TWP LAKOTA LSD 2011 $156,827 $2,170,565 93.3% $0 $0 0.0% 100 15168-02-01 Pierre Foods, Inc. WEST CHESTER TWP LAKOTA LSD 2011 $511,877 $511,877 50.0% $0 $0 0.0% 50 7168-05-02 RITE TRACK EQUIPMENT SERVICES WEST CHESTER TWP LAKOTA LSD 2011 $311,393 $117,441 27.4% $0 $0 0.0% 45 7

$2,495,081 $4,026,134 61.7% $2,495,081 $4,026,134 61.7% 70 9

ACTUAL TAXES PAID / FOREGONE

Butler County Department of Economic Development 130 High St. • 6th Floor • Hamilton, Ohio • 45011 • (513) 887-3413 • www.butlercountyohio.org

WEST CHESTER TOWNSHIP

TIF

REPORT

UNION CENTRE BOULEVARD WEST CHESTER CINCINNATI-DAYTON ROAD CORRIDOR

CENTRAL BUSINESS DISTRICT 747 TIF

UNION TOWNSHIP I-75/TYLERSVILLE ROAD

PREPARER: WEST CHESTER TOWNSHIP

BUTLER COUNTY, OHIO DEPARTMENT OF DEVELOPMENT

ECONOMIC DEVELOPMENT DIVISION



RID’S

REPORT

TYLERSVILLE ROAD FOXBOROUGH

HAMILTON-MASON ROAD KEEHNER MEADOWS

LESOURDSVILLE-WEST CHESTER ROAD NORTH BECKETT ROAD

RESERVES OF PROVIDENCE TREILLAGE SOUTH

VILLAGES OF PROVIDENCE WEST CHESTER VILLAGE

PREPARER: WEST CHESTER TOWNSHIP




BUTLER COUNTY


TIF’S

REPORTS

UNIVERSITY POINTE S/A PROJECT #91-443 VOA FOUR BRIDGES S/A PROJECT #91-442

PREPARER: PETE LANDRUM AND TONYIA BURNETT



west chester township and lakota school...

Documents