Business  |  Tax Incentives

Niyati Enterprise LLC Agreement #14-100 
CRA # 085-85512-01

Agreement Information
Community: WILLOUGHBY HILLS      ODOD Status: Active
County: Lake      Agrmt Date: 12/18/2014
Local School District: Willoughby-Eastlake SD      Amend. Date:
     Expiration Date: 12/31/2025
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $220,000.00 $620,000.00
Exemptions $620,000.00

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
Personal Property
M & E F & F Inventory Total
Investments $345,000.00 $95,000.00 $20,000.00 $460,000.00


Job and Payroll Commitments
Number Payroll
Fulltime Permanent 5 $250,000.00
Fulltime Temporary 30
Parttime Permanent 12
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 31      Cumulative Taxes
Jobs Created: 31 Real Property Taxes Paid: $3,190.40
Jobs Retained: 0 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $71,030.82 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $929,186.68 Other Tax Incentives: $0.00
Personal Property: $335,817.00 TIRC Date: 1/1/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $0.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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