Business  |  Tax Incentives


HIGHLANDS BUSINESS PARK LLC/HEINENS Agreement #01-001 
CRA # 035-80990-02


Agreement Information
Community: WARRENSVILLE HEIGHTS EAST      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 10/31/2001
Local School District:      Amend. Date:
     Expiration Date: 12/31/2014
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 5411

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $5,500,000.00 $5,500,000.00
Exemptions $0.00 $5,500,000.00 $5,500,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $150,000.00 $0.00 $150,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 92
Fulltime Permanent 7 $2,325,090.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 12 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 148      Cumulative Taxes
Jobs Created: 56 Real Property Taxes Paid: $1,407,710.00
Jobs Retained: 92 Real Property Taxes Forgone: $503,601.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $4,423,784.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $5,500,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/2/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $211,897.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $31,528.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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