Business  |  Tax Incentives


Smith & Gladish, LLC, formerly THE LONGWELL LAW FIRM, LTD. Agreement #03-001 
CRA # 093-01605-01


Agreement Information
Community: GRAFTON      ODOD Status: Active
County: Lorain      Agrmt Date: 9/16/2003
Local School District:      Amend. Date:
     Expiration Date: 12/31/2018
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 0531

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $509,000.00 $509,000.00
Exemptions $0.00 $509,000.00 $509,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $50,000.00 $0.00 $50,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 11 $525,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 6 $116,000.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 3      Cumulative Taxes
Jobs Created: 1 Real Property Taxes Paid: $4,070.92
Jobs Retained: 2 Real Property Taxes Forgone: $63,738.10
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $30,092.79 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $571,809.90 Other Tax Incentives: $0.00
Personal Property: $175,896.46 TIRC Date: 3/15/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $386.20 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $9,747.36
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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