Business  |  Tax Incentives


SFS intec, Inc. Agreement #16-000 
CRA # 103-00075-01


Agreement Information
Community: SHARON (TOWNSHIP OF)      ODOD Status: Active
County: Medina      Agrmt Date: 7/30/2016
Local School District: Highland Local SD      Amend. Date:
     Expiration Date: 12/31/2028
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $9,500,000.00
Exemptions $9,500,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 14 years  
 
Personal Property
M & E F & F Inventory Total
Investments $22,000,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 73
Fulltime Permanent 85 $37,000,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 186      Cumulative Taxes
Jobs Created: 113 Real Property Taxes Paid: $40,126.84
Jobs Retained: 73 Real Property Taxes Forgone: $80,051.80
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $5,174,579.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $5,834,849.00 Other Tax Incentives: $0.00
Personal Property: $43,573,668.00 TIRC Date: 2/14/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $80,051.80 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $40,126.84
Personal Property Taxes Paid: Annual Report Year: 2016
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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