Business  |  Tax Incentives


MEANDER HOSPTIALITY GROUP IV, LLC Agreement #07-001 
CRA # 151-62988-01


Agreement Information
Community: PLAIN (TOWNSHIP OF)      ODOD Status: Active
County: Stark      Agrmt Date: 9/27/2007
Local School District:      Amend. Date:
     Expiration Date: 12/31/2014
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 72220

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $6,695,000.00 $6,695,000.00
Exemptions $0.00 $6,695,000.00 $6,695,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $1,120,000.00 $0.00 $1,120,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 15 $324,355.00
Fulltime Temporary 0 $0.00
Parttime Permanent 24 $130,062.00
Parttime Temporary 0 $0.00
Job Creation Period: 12 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 18      Cumulative Taxes
Jobs Created: 18 Real Property Taxes Paid: $459,932.48
Jobs Retained: 0 Real Property Taxes Forgone: $393,087.79
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $530,080.50 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $6,488,572.60 Other Tax Incentives: $0.00
Personal Property: $1,319,773.50 TIRC Date: 3/8/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $84,159.08 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $76,121.40
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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