Business  |  Tax Incentives


THE LEARNING GARDEN, LLC, formerly KOZMIC KORNER DAYCARE Agreement #07-002 
CRA # 103-03895-01


Agreement Information
Community: SEVILLE      ODOD Status: Active
County: Medina      Agrmt Date: 6/13/2007
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 6244

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $950,000.00 $950,000.00
Exemptions $0.00 $950,000.00 $950,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $3,000.00 $60,000.00 $2,500.00 $65,500.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 11 $202,982.00
Fulltime Temporary 0 $0.00
Parttime Permanent 2 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 42 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 16      Cumulative Taxes
Jobs Created: 16 Real Property Taxes Paid: $55,501.56
Jobs Retained: 0 Real Property Taxes Forgone: $55,503.32
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $320,394.79 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,500,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/3/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $8,012.50 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $8,012.46
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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