Business  |  Tax Incentives

CRA # 093-25256-01

Agreement Information
Community: ELYRIA CRA #3      ODOD Status: Active
County: LORAIN      Agrmt Date: 10/20/2004
Local School District: ELYRIA SCHOOL DISTRICT      Amend. Date:
     Expiration Date: 12/31/2015
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $520,000.00 $520,000.00
Exemptions $416,000.00

Real Property Tax Incentives

Percentage  80 %  
Term 10 years  
Personal Property
M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00


Job and Payroll Commitments
Number Payroll
Retained 22 $1,200,000.00
Fulltime Permanent
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 21      Cumulative Taxes
Jobs Created: 5 Real Property Taxes Paid: $124,148.72
Jobs Retained: 16 Real Property Taxes Forgone: $180,264.38
Total FTE in Ohio: Personal Property Taxes Paid: $45,025.26
New Payroll: $50,000.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $558,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 2/16/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $11,704.58 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $3,313.68
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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