TABLE J - ECONOMIC DEVELOPMENT AND INCENTIVE TABLE
Job Creation/Retention Grants:
Ord. No.
Date
Description
Job Creation/Retention Grants:
Ord. No.
Date
Description
2008-76
7-16-08
Peck Food Service, Inc., 17000C Rockside Road: committed to move their operation to Maple Heights, stay in location for at least ten years, employ at least 45 employees, keep payroll at least $1,825,000.00. Grant paid with non-taxable revenues, based on a scale of 25% of payroll taxes paid to the City. Grant payments to company capped at $11,563.00 per year, beginning January, 2009. Grant: 2008-2017.
2009-84
8-19-09
R.L. Lipton 5900 Pennsylvania Avenue: committed to retain 79 full- time jobs and create 11 additional full-time positions while investing $3,000,000 in building expansion and renovation. Grant paid with non-taxable revenues, based on a scale of 25% of payroll taxes paid to the City, beginning January 2010. Grant: 2010-2014
2009-94
8-19-09
Fannie May Confections, Inc. d.b.a. Harry London Candies, 17000 Rockside Road, Unit 2: committed to move operations into Maple Heights, stay at least five years, employ at least ten full-time and at least ten part-time positions, maintain payroll of at least $350,000.00. Grant paid with non-taxable revenues based on a scale of 25% of payroll taxes paid to the City, beginning July, 2010. Grant: 2010-2014.
2009-100
9-21-09
Cornerstone Group, 16501 Rockside Road: committed to move their operations to Maple Heights, stay in location for at least five years, employ at least five additional full-time and at least three additional part-time positions over next five years. City of Maple Heights will pay 50% of moving costs ($41,250.00) over two years beginning in January, 2010. Grant: 2010-2014.
Res.
2010-18
3-3-10
Lamplight Communities: committed to add a Job Creation and Retention Program Grant in the amount of $5,625 annually beginning January 1, 2010. Grant: 2010-2014.