Business  |  Tax Incentives


CUSTOM CULINARY, INC.
Agreement #094-04-02
Zone 094


Agreement Information

Community: AVON      ODOD Status: Active
County: LORAIN      Agrmt Date: 1/12/2004
Local School District:      Amend. Date:
Nature of Business: MANUFACTURING      Expiration Date: 12/31/2014
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 2099

Real Property

Acquisition Improvements New Construction Total
Investments $400,000.00 $0.00 $3,500,000.00 $3,900,000.00
Exemptions $0.00 $2,625,000.00 $2,625,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $1,480,000.00 $0.00 $175,000.00 $1,655,000.00
Exemptions $1,110,000.00 $0.00 $131,250.00 $1,110,000.00
 

Incentives

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

Relocations

From Out of State: No State: Jobs: 0
In State: No Community: City Jobs: 0
Waiver Issued by ODOD: None
 

Employment

Existing Employment Job and Payroll Commitments
Employment at site: 0      Number Payroll
Employment in Ohio: 0      Retained 0 $0.00
     Fulltime Permanent 42 $91,200.00
     Fulltime Temporary
     Parttime Permanent
Parttime Temporary
Job Creation Period: 36 months
 

Performance/Compliance

 
Agreement Status is: Active
Total full time equivalents at Site: 31      Cumulative Taxes
Jobs Created: 1 Real Property Taxes Paid: $731,496.42
Jobs Retained: 31 Real Property Taxes Forgone: $215,701.46
Total FTE in Ohio: $38.00 Personal Property Taxes Paid: $14,027.00
New Payroll: $1,757,354.44 Personal Prop. Taxes Forgone: $10,525.00
Project Investment Local Corp Income Taxes Paid: $0.00
Real Property: $10,911,204.00 Other Tax Incentives: $0.00
Personal Property: $5,666,139.00 TIRC Date: 3/20/2018
Previous Year Taxes TIRC Recommendation: EXPIRE
Real Property Taxes Paid: $93,694.79 Local Gov't. Action/Status: EXPIRE
Real Property Taxes Forgone: $23,122.18
Personal Property Taxes Paid: $0.00 Annual Report Year: 2017
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid: $0.00

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