Business  |  Tax Incentives

Agreement #14-101 
CRA # 153-04153-01

Agreement Information
Community: STOW      ODOD Status: Active
County: Summit      Agrmt Date: 7/25/2014
Local School District: Stow-Munroe Falls City SD      Amend. Date:
     Expiration Date: 12/31/2025
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Exemptions $1,000,000.00

Real Property Tax Incentives

Percentage  100 %  
Term 10 years  
Personal Property
M & E F & F Inventory Total
Investments $275,000.00 $50,000.00 $50,000.00 $375,000.00


Job and Payroll Commitments
Number Payroll
Fulltime Permanent 5 $235,000.00
Fulltime Temporary
Parttime Permanent 1 $20,000.00
Parttime Temporary
Job Creation Period: 3 months


Agreement Status is: Active
Total full time equivalents at Site: 27      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $37,491.42
Jobs Retained: 27 Real Property Taxes Forgone: $43,373.20
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,500,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/24/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $18,207.06 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $21,071.30
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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