Business  |  Tax Incentives


Testa Enterprises, Inc. & Falls River, LLC Agreement #13-001 
CRA # 153-19778-01


Agreement Information
Community: CUYAHOGA FALLS      ODOD Status: Active
County: Summit      Agrmt Date: 12/26/2013
Local School District:      Amend. Date:
     Expiration Date: 12/31/2031
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 531110

Real Property

Acquisition Improvements New Construction Total
Investments $960,000.00 $0.00 $7,850,000.00 $8,810,000.00
Exemptions $0.00 $3,925,000.00 $3,925,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $400,000.00 $0.00 $400,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 20 $332,800.00
Fulltime Temporary 0 $0.00
Parttime Permanent 10 $96,875.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site:      Cumulative Taxes
Jobs Created: Real Property Taxes Paid:
Jobs Retained: Real Property Taxes Forgone:
Total FTE in Ohio: Personal Property Taxes Paid:
New Payroll: Personal Prop. Taxes Forgone:
Project Investment
Real Property: Other Tax Incentives:
Personal Property: TIRC Date:
Previous Year Taxes TIRC Recommendation:
Real Property Taxes Paid: Local Gov't. Action/Status:
Real Property Taxes Forgone:
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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