Business  |  Tax Incentives


Central Ohio Paper and Packaging, Inc. Agreement #14-100 
CRA # 043-37016-01


Agreement Information
Community: HURON      ODOD Status: Active
County: Erie      Agrmt Date: 10/16/2014
Local School District: Huron City Schools      Amend. Date:
     Expiration Date: 12/31/2030
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $150,000.00 $5,000,000.00
Exemptions
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $700,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 23 $2,100,000.00
Fulltime Permanent 4 $140,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 25      Cumulative Taxes
Jobs Created: 2 Real Property Taxes Paid: $41,920.38
Jobs Retained: 23 Real Property Taxes Forgone: $125,761.15
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $49,396.77 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $2,620,180.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/6/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $14,679.91 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $44,039.72
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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