Business  |  Tax Incentives


SISTER'S OF THE HOLY SPIRIT Agreement #02-001 
CRA # 035-01495-01


Agreement Information
Community: GARFIELD HEIGHTS      ODOD Status: Active
County: CUYAHOGA      Agrmt Date: 7/11/2002
Local School District: GARFIELD HEIGHTS CITY SD      Amend. Date:
     Expiration Date: 6/30/2018
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $3,420,000.00 $3,420,000.00
Exemptions $0.00 $3,420,000.00 $3,420,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $67,000.00 $20,000.00 $0.00 $87,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 1 $25,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 1 $15,000.00
Parttime Temporary 0 $0.00
Job Creation Period: 8 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 284      Cumulative Taxes
Jobs Created: 1 Real Property Taxes Paid: $147,147.43
Jobs Retained: 0 Real Property Taxes Forgone: $1,214,260.68
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $44,515.43 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $3,635,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/15/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $13,628.56 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $108,271.75
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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