Business  |  Tax Incentives


LSL Properties, LLC Agreement #16-002 
CRA # 103-03895-01


Agreement Information
Community: SEVILLE      ODOD Status: Active
County: Medina      Agrmt Date: 7/8/2013
Local School District: Cloverleaf Local SD      Amend. Date:
     Expiration Date: 12/31/2025
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $750,000.00
Exemptions $750,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $30,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 5
Fulltime Permanent 3 $140,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 4      Cumulative Taxes
Jobs Created: 1 Real Property Taxes Paid: $3,351.50
Jobs Retained: 3 Real Property Taxes Forgone: $3,351.50
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $70,720.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $750,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 2/21/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $3,351.50 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $3,351.50
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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