Business  |  Tax Incentives


BEN VENUE LABORATORIES Agreement #07-001 
CRA # 035-00295-01


Agreement Information
Community: BEDFORD      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 7/9/2007
Local School District:      Amend. Date:
     Expiration Date: 12/31/2017
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $45,233,000.00 $45,233,000.00
Exemptions $0.00 $45,233,000.00 $45,233,000.00
 

Real Property Tax Incentives

Percentage  80 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $24,267,000.00 $500,000.00 $1,500,000.00 $26,267,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained
Fulltime Permanent 200 $8,180,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 84 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 0      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $49,685.21
Jobs Retained: 0 Real Property Taxes Forgone: $1,173,946.78
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $45,233,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/5/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $8,584.94 Local Gov't. Action/Status: MODIFY
Real Property Taxes Forgone: $605,913.53
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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