Business  |  Tax Incentives


KAISER FOUNDATION HEALTH PLAN OF OHIO, INC. Agreement #05-001 
CRA # 035-16014-02


Agreement Information
Community: CLEVELAND HEIGHTS      ODOD Status: Terminate
County: CUYAHOGA      Agrmt Date: 5/26/2005
Local School District: SD      Amend. Date:
     Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 541430

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $10,510,000.00 $10,510,000.00
Exemptions $0.00 $10,510,000.00 $10,510,000.00
 

Real Property Tax Incentives

Percentage  30 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $2,900,000.00 $860,000.00 $0.00 $3,760,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 17 $1,800,000.00
Fulltime Permanent 40 $2,600,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 15 months

Performance/Compliance

 
Agreement Status is: Terminate
Total full time equivalents at Site: 322      Cumulative Taxes
Jobs Created: 45 Real Property Taxes Paid: $9,270,486.00
Jobs Retained: 12 Real Property Taxes Forgone: $892,267.42
Total FTE in Ohio: Personal Property Taxes Paid: $376,713.00
New Payroll: $5,042,351.80 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $10,551,000.00 Other Tax Incentives: $0.00
Personal Property: $3,000,000.00 TIRC Date: 7/30/2012
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $1,497,384.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $142,909.42
Personal Property Taxes Paid: $201,713.40 Annual Report Year: 2013
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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