Business  |  Tax Incentives


Interchez Properties, LLC, formerly FAMILY MAN PROPERTIES LLC Agreement #05-002 
CRA # 153-04153-01


Agreement Information
Community: STOW      ODOD Status: Active
County: Summit      Agrmt Date: 6/28/2005
Local School District:      Amend. Date:
     Expiration Date: 12/31/2018
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code: 488510

Real Property

Acquisition Improvements New Construction Total
Investments $425,000.00 $0.00 $1,300,000.00 $1,725,000.00
Exemptions $0.00 $1,300,000.00 $1,300,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 10 years  
 
Personal Property
M & E F & F Inventory Total
Investments $0.00 $100,000.00 $0.00 $100,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 19 $700,000.00
Fulltime Permanent 6 $125,000.00
Fulltime Temporary
Parttime Permanent 4 $0.00
Parttime Temporary
Job Creation Period: 24 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 43      Cumulative Taxes
Jobs Created: 10 Real Property Taxes Paid: $32,775.04
Jobs Retained: 33 Real Property Taxes Forgone: $158,907.77
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $697,145.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $1,175,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/27/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $4,834.04 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $25,620.77
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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