Business  |  Tax Incentives


Petrasek Properties, LLC Agreement #14-001 
CRA # 035-05690-01


Agreement Information
Community: BEREA      ODOD Status: Active
County: CUYAHOGA      Agrmt Date: 6/1/2014
Local School District: BEREA CITY SD      Amend. Date:
     Expiration Date: 12/31/2025
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $1,452,500.00
Exemptions
 

Real Property Tax Incentives

Percentage   %  
Term years  
 
Personal Property
M & E F & F Inventory Total
Investments

Employment

Job and Payroll Commitments
Number Payroll
Retained
Fulltime Permanent 3 $130,000.00
Fulltime Temporary 7
Parttime Permanent
Parttime Temporary
Job Creation Period: months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 23      Cumulative Taxes
Jobs Created: 16 Real Property Taxes Paid: $27,329.00
Jobs Retained: 7 Real Property Taxes Forgone: $7,918.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $357,498.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $626,700.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 7/19/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $11,834.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $7,918.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

Back to Search Page