Business  |  Tax Incentives


PROGRESSIVE AURORA REAL ESTATE, LLC Agreement #13-001 
CRA # 133-03086-01


Agreement Information
Community: AURORA      ODOD Status: Active
County: PORTAGE      Agrmt Date: 6/10/2013
Local School District: AURORA CITY SD      Amend. Date:
     Expiration Date: 12/31/2030
School Comp Agreement: Yes      Revenue Sharing: Yes
  SIC Code: 531120

Real Property

Acquisition Improvements New Construction Total
Investments $900,000.00 $0.00 $8,500,000.00 $9,400,000.00
Exemptions $0.00 $6,375,000.00 $6,375,000.00
 

Real Property Tax Incentives

Percentage  75 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $0.00 $0.00 $0.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 0 $0.00
Fulltime Permanent 84 $2,950,000.00
Fulltime Temporary 0 $0.00
Parttime Permanent 16 $320,000.00
Parttime Temporary 0 $0.00
Job Creation Period: 18 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 135      Cumulative Taxes
Jobs Created: 135 Real Property Taxes Paid: $95,346.26
Jobs Retained: 135 Real Property Taxes Forgone: $56,379.33
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $3,290,374.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $10,848,692.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/19/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $47,531.76 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $28,297.80
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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