Business  |  Tax Incentives


Lavery Automotive Sales and Service, LLC & State Street Enterprises, LLC Agreement #12-001 
CRA # 151-01420-01


Agreement Information
Community: ALLIANCE      ODOD Status: Active
County: Stark      Agrmt Date: 11/30/2012
Local School District:      Amend. Date:
     Expiration Date: 12/31/2025
School Comp Agreement: Yes      Revenue Sharing: Yes
  SIC Code: 441229

Real Property

Acquisition Improvements New Construction Total
Investments $295,000.00 $200,000.00 $1,800,000.00 $2,295,000.00
Exemptions $100,000.00 $900,000.00 $1,000,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 12 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $150,000.00 $0.00 $150,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 63 $0.00
Fulltime Permanent 3 $105,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 75      Cumulative Taxes
Jobs Created: 12 Real Property Taxes Paid: $0.00
Jobs Retained: 63 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $283,700.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,426,000.00 Other Tax Incentives: $0.00
Personal Property: $1,674,957.00 TIRC Date: 3/8/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $27,496.64 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $9,058.42
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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