Business  |  Tax Incentives

Royal Cleaners LTD Agreement #15-100 
CRA # 133-39872-01

Agreement Information
Community:      ODOD Status: Active
County: Portage      Agrmt Date: 4/1/2015
Local School District: Kent City SD      Amend. Date:
     Expiration Date: 12/31/2022
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $25,000.00 $275,000.00
Exemptions $25,000.00 $275,000.00 $300,000.00

Real Property Tax Incentives

Percentage  50 %  
Term 7 years  
Personal Property
M & E F & F Inventory Total


Job and Payroll Commitments
Number Payroll
Retained 2
Fulltime Permanent 3
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 4      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $5,835.48
Jobs Retained: 4 Real Property Taxes Forgone: $1,659.16
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $60,000.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $324,853.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/15/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $5,835.48 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $1,659.16
Personal Property Taxes Paid: Annual Report Year: 2016
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

Back to Search Page