Business  |  Tax Incentives


Redtail Holdings, LLC dba Controls, Inc. Agreement #12-001 
CRA # 103-00075-01


Agreement Information
Community: SHARON (TOWNSHIP OF)      ODOD Status: Active
County: Medina      Agrmt Date: 4/15/2012
Local School District:      Amend. Date:
     Expiration Date: 12/31/2027
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 3341

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $976,500.00 $976,500.00
Exemptions $0.00 $488,250.00 $488,250.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 14 years  
 
Personal Property
M & E F & F Inventory Total
Investments $15,000.00 $20,000.00 $100,000.00 $135,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 23 $0.00
Fulltime Permanent 4 $180,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 24      Cumulative Taxes
Jobs Created: 8 Real Property Taxes Paid: $24,318.38
Jobs Retained: 16 Real Property Taxes Forgone: $24,770.06
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $2,496,000.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,089,512.00 Other Tax Incentives: $0.00
Personal Property: $311,269.00 TIRC Date: 3/8/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $8,151.04 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $8,151.60
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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