Business  |  Tax Incentives

J+E Development, Inc. + Centimark Corporation Agreement #15-100 
CRA # 153-04153-01

Agreement Information
Community: STOW      ODOD Status: Active
County: Summit      Agrmt Date: 5/5/2015
Local School District: Stow-Munroe Falls City SD      Amend. Date:
     Expiration Date: 12/31/2031
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $1,200,000.00
Exemptions $1,200,000.00

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
Personal Property
M & E F & F Inventory Total
Investments $10,000.00 $15,000.00 $30,000.00 $55,000.00


Job and Payroll Commitments
Number Payroll
Retained 2965 $10,468,782.00
Fulltime Permanent 21 $905,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 3 months


Agreement Status is: Active
Total full time equivalents at Site: 62      Cumulative Taxes
Jobs Created: 8 Real Property Taxes Paid: $2,536.00
Jobs Retained: 54 Real Property Taxes Forgone: $29,575.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $356,448.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,200,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/24/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $2,536.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $29,575.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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