Business  |  Tax Incentives


Secretariat Berea, LLC, formerly WXZ Retail Group/Berea, LLC Agreement #08-002 
CRA # 035-05690-01


Agreement Information
Community: BEREA      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 10/6/2008
Local School District:      Amend. Date:
     Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 5531

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $814,525.00 $814,525.00
Exemptions $0.00 $407,262.00 $407,262.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $311,700.00 $0.00 $0.00 $311,700.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 1839 $0.00
Fulltime Permanent 5 $75,000.00
Fulltime Temporary 4 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 5 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 5      Cumulative Taxes
Jobs Created: 5 Real Property Taxes Paid: $119,725.00
Jobs Retained: 0 Real Property Taxes Forgone: $55,452.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $161,580.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $936,308.00 Other Tax Incentives: $0.00
Personal Property: $416,882.00 TIRC Date: 8/6/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $36,278.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $24,249.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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