Business  |  Tax Incentives

Twinsburg Industrial Properties III, LLC Agreement #15-02  
CRA # 153-04310-01

Agreement Information
Community: TWINSBURG      ODOD Status: Active
County: Summit      Agrmt Date: 12/30/2015
Local School District:      Amend. Date:
     Expiration Date: 12/31/2020
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $9,300,000.00
Exemptions $9,300,000.00

Real Property Tax Incentives

Percentage  25 %  
Term 5 years  
Personal Property
M & E F & F Inventory Total
Investments $500,000.00


Job and Payroll Commitments
Number Payroll
Fulltime Permanent 21 $525,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: months


Agreement Status is: Active
Total full time equivalents at Site: 53      Cumulative Taxes
Jobs Created: 53 Real Property Taxes Paid: $306,776.00
Jobs Retained: 0 Real Property Taxes Forgone: $86,902.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $3,933,321.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $9,300,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/21/2018
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $158,590.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $44,925.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

Back to Search Page