Business  |  Tax Incentives


4A Ventures, Incom Integrated Computer Systems, Silverton Properties, Steven Kaufmman LLC, Eran Mgmt Agreement #04-002 
CRA # 035-01575-01


Agreement Information
Community: GLENWILLOW      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 8/9/2004
Local School District:      Amend. Date:
     Expiration Date: 12/31/2014
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $1,000,000.00 $0.00 $1,000,000.00
Exemptions $750,000.00 $0.00 $750,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $60,000.00 $1,000,000.00 $40,000.00 $1,100,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained
Fulltime Permanent 20 $900,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 32      Cumulative Taxes
Jobs Created: 32 Real Property Taxes Paid: $87,281.00
Jobs Retained: 0 Real Property Taxes Forgone: $183,607.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,990,955.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $744,400.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $14,934.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $24,481.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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