Business  |  Tax Incentives


Record Publishing Company, LLC Agreement #11-001 
CRA # 133-39872-01


Agreement Information
Community: KENT      ODOD Status: Active
County: Portage      Agrmt Date: 6/2/2011
Local School District:      Amend. Date:
     Expiration Date: 12/31/2026
School Comp Agreement: No      Revenue Sharing: Yes
  SIC Code: 2711

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $2,600,000.00 $0.00 $2,600,000.00
Exemptions $1,950,000.00 $0.00 $1,950,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $350,000.00 $0.00 $350,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 111 $2,600,000.00
Fulltime Permanent 0 $0.00
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: 103      Cumulative Taxes
Jobs Created: 103 Real Property Taxes Paid: $83,881.91
Jobs Retained: 0 Real Property Taxes Forgone: $62,595.05
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $3,996,196.37 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $4,303,924.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 2/23/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $26,586.79 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $19,940.08
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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