Business  |  Tax Incentives


Technicote Inc. & CFO Realty, Inc. Agreement #12-001 
CRA # 153-19778-02


Agreement Information
Community: CUYAHOGA FALLS      ODOD Status: Active
County: Summit      Agrmt Date: 6/11/2012
Local School District:      Amend. Date:
     Expiration Date: 12/31/2029
School Comp Agreement: No      Revenue Sharing: No
  SIC Code: 322200

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $3,000,000.00 $3,000,000.00
Exemptions $0.00 $1,500,000.00 $1,500,000.00
 

Real Property Tax Incentives

Percentage  50 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $3,750,000.00 $100,000.00 $3,500,000.00 $7,350,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained 40 $1,598,200.00
Fulltime Permanent 12 $498,828.00
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: 38      Cumulative Taxes
Jobs Created: 24 Real Property Taxes Paid: $69,811.00
Jobs Retained: 14 Real Property Taxes Forgone: $69,811.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $1,061,760.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $3,257,105.00 Other Tax Incentives: $0.00
Personal Property: $7,222,095.00 TIRC Date: 6/15/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $29,792.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $29,792.00
Personal Property Taxes Paid: Annual Report Year: 2015
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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