Business  |  Tax Incentives


Capstone Land Holdings, LLC Agreement #16-001 
CRA # 103-00075-01


Agreement Information
Community: SHARON (TOWNSHIP OF)      ODOD Status: Active
County: Medina      Agrmt Date: 6/30/2016
Local School District: Highland Local SD      Amend. Date:
     Expiration Date: 12/31/2032
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $550,000.00 $1,000,000.00
Exemptions $550,000.00 $1,000,000.00 $1,550,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 14 years  
 
Personal Property
M & E F & F Inventory Total
Investments $150,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained
Fulltime Permanent 27 $1,512,000.00
Fulltime Temporary
Parttime Permanent 1
Parttime Temporary
Job Creation Period: months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 28      Cumulative Taxes
Jobs Created: 28 Real Property Taxes Paid: $9,038.60
Jobs Retained: 0 Real Property Taxes Forgone: $9,039.15
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,800,000.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,856,404.00 Other Tax Incentives: $0.00
Personal Property: $380,766.00 TIRC Date: 2/27/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $9,038.60 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $9,039.15
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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