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Contractors Steel
Agreement #065-08-01
Zone 065

Agreement Information

Community: TWINSBURG      ODOD Status: Active
County: SUMMIT      Agrmt Date: 7/24/2008
Local School District:      Amend. Date:
Nature of Business: Manufacturing      Expiration Date: 1/1/2018
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 5051

Real Property

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

Personal Property

M & E F & F Inventory Total
Investments $0.00 $0.00 $1,500,000.00 $1,500,000.00


Variable Rate Rate Term
Real No $60.00% 10 yrs
Personal No $0.00% yrs


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


Existing Employment Job and Payroll Commitments
Employment at site: 77      Number Payroll
Employment in Ohio: 77      Retained 77 $3,800,000.00
     Fulltime Permanent 6 $320,000.00
     Fulltime Temporary 0 $0.00
     Parttime Permanent 0 $0.00
Parttime Temporary 0 $0.00
Job Creation Period: 12 months


Agreement Status is: Active
Total full time equivalents at Site: 73      Cumulative Taxes
Jobs Created: 16 Real Property Taxes Paid: $1,175,964.00
Jobs Retained: 57 Real Property Taxes Forgone: $0.00
Total FTE in Ohio: $73.00 Personal Property Taxes Paid: $0.00
New Payroll: $894,416.00 Personal Prop. Taxes Forgone: $0.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $3,069,000.00 Other Tax Incentives: $0.00
Personal Property: $3,940,000.00 TIRC Date: 6/1/2017
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $135,437.00 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $0.00
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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