Business  |  Tax Incentives


FR 30333 Emerald Valley Parkway, LLC and First Industrial, LP, formerly Duke Realty Ohio Agreement #05-001 
CRA # 035-01575-01


Agreement Information
Community: GLENWILLOW (RR NAME FALLS JUNCTION)      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 5/3/2005
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 $9,000,000.00 $9,000,000.00
Exemptions $0.00 $6,750,000.00 $6,750,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 11 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 90 $2,750,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 90      Cumulative Taxes
Jobs Created: 90 Real Property Taxes Paid: $975,018.00
Jobs Retained: 0 Real Property Taxes Forgone: $1,981,675.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $3,291,284.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $10,962,700.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $113,293.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $220,186.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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