Business  |  Tax Incentives


GLENN REAL ESTATE INVEST. LLC & RANDALL, RICHARD AND MOORE
Agreement #038-05-06
Zone 038


Agreement Information

Community: CANTON      ODOD Status: Active
County: STARK      Agrmt Date: 4/19/2005
Local School District:      Amend. Date:
Nature of Business: GOLF EQUIP. MAINTENANCE & SALES      Expiration Date: 12/31/2016
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 35230503

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $0.00 $402,000.00 $402,000.00
Exemptions $0.00 $402,000.00 $402,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $35,000.00 $5,000.00 $200,000.00 $240,000.00
Exemptions $0.00 $0.00 $200,000.00 $0.00
 

Incentives

Variable Rate Rate Term
Real No $75.00% 10 yrs
Personal No $0.00% 0 yrs
 

Relocations

From Out of State: No State: Jobs:
In State: No Community: Jobs:
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 8      Number Payroll
Employment in Ohio: 8      Retained 8 $0.00
     Fulltime Permanent 6 $0.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 48 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 21      Cumulative Taxes
Jobs Created: 13 Real Property Taxes Paid: $143,181.92
Jobs Retained: 8 Real Property Taxes Forgone: $41,265.75
Total FTE in Ohio: $21.00 Personal Property Taxes Paid: $11,623.00
New Payroll: $433,846.79 Personal Prop. Taxes Forgone: $3,121.57
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $402,000.00 Other Tax Incentives: $0.00
Personal Property: $0.00 TIRC Date: 3/16/2015
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $14,596.08 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $5,487.52
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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