Business  |  Tax Incentives


Cletronics, Inc. Agreement #08-002 
CRA # 103-00075-01


Agreement Information
Community: SHARON (TOWNSHIP OF)      ODOD Status: Active
County: Medina      Agrmt Date: 10/6/2008
Local School District:      Amend. Date:
     Expiration Date: 12/31/2020
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 334416

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $950,000.00 $950,000.00
Exemptions $0.00 $380,000.00 $380,000.00
 

Real Property Tax Incentives

Percentage  40 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $10,000.00 $0.00 $0.00 $10,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 16 $0.00
Fulltime Permanent 3 $62,400.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 13      Cumulative Taxes
Jobs Created: 0 Real Property Taxes Paid: $52,828.30
Jobs Retained: 13 Real Property Taxes Forgone: $1,000,000,000.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $0.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $1,200,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 2/14/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $35,219.30 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $5,354.26
Personal Property Taxes Paid: Annual Report Year: 2016
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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