Business  |  Tax Incentives


Taylor Chair Realty Company, LLC Agreement #09-001 
CRA # 035-00295-01


Agreement Information
Community: BEDFORD      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 3/25/2009
Local School District:      Amend. Date:
     Expiration Date: 12/31/2019
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 2521

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $4,000,000.00 $4,000,000.00
Exemptions $0.00 $2,000,000.00 $2,000,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $185,000.00 $60,000.00 $250,000.00 $495,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $1,453,333.00
Fulltime Permanent 6 $132,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 108 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 45      Cumulative Taxes
Jobs Created: 10 Real Property Taxes Paid: $302,788.65
Jobs Retained: 35 Real Property Taxes Forgone: $91,721.32
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,130,267.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $4,115,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/5/2015
Previous Year Taxes TIRC Recommendation: MODIFY
Real Property Taxes Paid: $67,830.34 Local Gov't. Action/Status: MODIFY
Real Property Taxes Forgone: $47,340.25
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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