Business  |  Tax Incentives


Custom Culinary, Inc.
Agreement #094-11-01
Zone 094


Agreement Information

Community: AVON      ODOD Status: Active
County: LORAIN      Agrmt Date: 12/15/2011
Local School District:      Amend. Date:
Nature of Business: manufacturing      Expiration Date: 12/31/2023
School Comp Agreement: No      Revenue Sharing: No
Estimated Annual School Compensation SIC Code: 2099

Real Property

Acquisition Improvements New Construction Total
Investments $0.00 $250,000.00 $4,200,000.00 $4,450,000.00
Exemptions $125,000.00 $2,100,000.00 $2,225,000.00
 

Personal Property

M & E F & F Inventory Total
Investments $1,500,000.00 $0.00 $0.00 $1,500,000.00
Exemptions $750,000.00 $0.00 $0.00 $750,000.00
 

Incentives

Variable Rate Rate Term
Real No $50.00% 10 yrs
Personal No $50.00% 10 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: 0      Number Payroll
Employment in Ohio: 0      Retained 0 $0.00
     Fulltime Permanent 17 $684,930.00
     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: 29      Cumulative Taxes
Jobs Created: 1 Real Property Taxes Paid: $543,223.43
Jobs Retained: 29 Real Property Taxes Forgone: $169,239.09
Total FTE in Ohio: $35.00 Personal Property Taxes Paid: $14,027.00
New Payroll: $1,333,568.47 Personal Prop. Taxes Forgone: $10,525.00
Project Investment Local Corp Income Taxes Paid:
Real Property: $10,794,385.00 Other Tax Incentives: $0.00
Personal Property: $5,269,793.00 TIRC Date: 3/28/2016
Previous Year Taxes TIRC Recommendation: CONTINUE
Real Property Taxes Paid: $95,403.58 Local Gov't. Action/Status: CONTINUE
Real Property Taxes Forgone: $23,543.70
Personal Property Taxes Paid: $0.00 Annual Report Year: 2015
Personal Prop. Taxes Forgone: $0.00
Local Corp Income Taxes Paid:

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