Business  |  Tax Incentives


DIAMOND CENTER ONE, LLC ET. AL. Agreement #07-001 
CRA # 035-01575-01


Agreement Information
Community: GLENWILLOW (RR NAME FALLS JUNCTION)      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 7/24/2007
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: Yes
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $14,086,840.00 $14,086,840.00
Exemptions $0.00 $14,086,840.00 $14,086,840.00
 

Real Property Tax Incentives

Percentage  75 %  
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 228 $8,000,000.00
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: 114      Cumulative Taxes
Jobs Created: 114 Real Property Taxes Paid: $1,071,975.00
Jobs Retained: 0 Real Property Taxes Forgone: $2,253,491.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $5,779,152.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $16,218,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/20/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $171,411.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $321,927.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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