Business  |  Tax Incentives


REGENCY HOSPITAL COMPANY LLC Agreement #06-001 
CRA # 035-80990-02


Agreement Information
Community: WARRENSVILLE HEIGHTS NORT      ODOD Status: Active
County: Cuyahoga      Agrmt Date: 6/7/2006
Local School District:      Amend. Date:
     Expiration Date: 12/31/2017
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 6220

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $8,200,000.00 $8,200,000.00
Exemptions $0.00 $8,200,000.00 $8,200,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $2,500,000.00 $0.00 $2,500,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 124 $5,600,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 15 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 100      Cumulative Taxes
Jobs Created: 161 Real Property Taxes Paid: $882,736.00
Jobs Retained: 0 Real Property Taxes Forgone: $619,025.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $7,423,521.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $8,200,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 7/28/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $130,423.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $88,186.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

Back to Search Page