Business  |  Tax Incentives


Superior Glenwillow, LLC & Superior Beverage Group, Ltd. Agreement #10-001 
CRA # 035-01575-01


Agreement Information
Community: Glenwillow      ODOD Status: Active
County: CUYAHOGA      Agrmt Date: 3/25/2010
Local School District: SOLON CITY SD      Amend. Date:
     Expiration Date: 12/31/2025
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 5181

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $20,500,000.00 $20,500,000.00
Exemptions $0.00 $15,375,000.00 $15,375,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $19,000,000.00 $2,000,000.00 $0.00 $21,000,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 245 $12,250,000.00
Fulltime Permanent 355 $4,750,000.00
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: 640      Cumulative Taxes
Jobs Created: 395 Real Property Taxes Paid: $1,535,322.34
Jobs Retained: 245 Real Property Taxes Forgone: $2,839,205.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $20,057,819.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $23,943,300.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/10/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $256,647.76 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $473,200.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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