Business  |  Tax Incentives


Ramco Associates, LLC Agreement #15-001 
CRA # 153-36666-02


Agreement Information
Community:      ODOD Status: Active
County: Summit      Agrmt Date: 3/25/2015
Local School District: Hudson City SD      Amend. Date:
     Expiration Date: 12/31/2032
School Comp Agreement: No      Revenue Sharing: No
  SIC Code:

Real Property

Acquisition Improvements New Construction Total
Investments $12,000,000.00
Exemptions $12,000,000.00
 

Real Property Tax Incentives

Percentage  100 %  
Term 15 years  
 
Personal Property
M & E F & F Inventory Total
Investments $2,500,000.00

Employment

Job and Payroll Commitments
Number Payroll
Retained $5,500,000.00
Fulltime Permanent 20 $600,000.00
Fulltime Temporary
Parttime Permanent
Parttime Temporary
Job Creation Period: 4 months

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 132      Cumulative Taxes
Jobs Created: 11 Real Property Taxes Paid: $69,156.00
Jobs Retained: 119 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: Personal Property Taxes Paid: $0.00
New Payroll: $451,188.00 Personal Prop. Taxes Forgone:
Project Investment
Real Property: $9,489,293.00 Other Tax Incentives: $0.00
Personal Property: $2,238,344.00 TIRC Date: 11/28/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $48,572.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $328,357.00
Personal Property Taxes Paid: Annual Report Year: 2017
Personal Prop. Taxes Forgone:
Local Corp Income Taxes Paid:

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