Business  |  Tax Incentives


GVI, LLC Agreement #05-004 
CRA # 153-04153-01


Agreement Information
Community: STOW      ODOD Status: Active
County: Summit      Agrmt Date: 8/4/2005
Local School District:      Amend. Date:
     Expiration Date: 12/31/2017
School Comp Agreement: Yes      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $1,400,000.00 $1,400,000.00
Exemptions $0.00 $1,400,000.00 $1,400,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 10 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 50 $1,450,000.00
Fulltime Permanent 25 $228,800.00
Fulltime Temporary 0 $0.00
Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 36 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 107      Cumulative Taxes
Jobs Created: 56 Real Property Taxes Paid: $38,108.28
Jobs Retained: 51 Real Property Taxes Forgone: $219,400.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,039,005.00 Personal Prop. Taxes Forgone: $0.00
Project Investment
Real Property: $1,450,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 8/27/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $4,837.28 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $28,841.00
Personal Property Taxes Paid: $4,113.45 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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