Business  |  Tax Incentives


PFP Twinsburg, LLC & Performance Food Group, Inc. Agreement #11-001 
CRA # 153-04310-01


Agreement Information
Community: TWINSBURG      ODOD Status: Active
County: Summit      Agrmt Date: 9/21/2011
Local School District:      Amend. Date:
     Expiration Date: 12/31/2023
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $1,040,000.00 $0.00 $6,780,000.00 $7,820,000.00
Exemptions $0.00 $3,390,000.00 $3,390,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $1,510,000.00 $0.00 $1,510,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 50 $1,743,000.00
Fulltime Permanent 10 $370,000.00
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: 50      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $71,843.00
Jobs Retained: 50 Real Property Taxes Forgone: $148,444.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $9,442,500.00 Other Tax Incentives: $0.00
Personal Property: $1,626,000.00 TIRC Date: 3/24/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $39,356.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $73,055.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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