Business  |  Tax Incentives


WineDirect & Kauffman Tire Agreement #03-001 
CRA # 035-01575-01


Agreement Information
Community: GLENWILLOW      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 11/20/2003
Local School District:      Amend. Date:
     Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $3,950,000.00 $3,950,000.00
Exemptions $0.00 $3,950,000.00 $3,950,000.00
 

Real Property Tax Incentives

Percentage  68 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 50 $1,500,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 127      Cumulative Taxes
Jobs Created: 127 Real Property Taxes Paid: $690,821.00
Jobs Retained: 0 Real Property Taxes Forgone: $1,070,394.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,443,210.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $6,256,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $62,750.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $118,932.00
Personal Property Taxes Paid: $43,284.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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