Title
A RESOLUTION ACCEPTING THE RECOMMENDATIONS OF THE TAX INCENTIVE REVIEW COUNCIL TO CONTINUE COMMUNITY REINVESTMENT AREA AGREEMENTS AND JOB CREATION GRANT PROGRAM AGREEMENTS WITH THE CITY OF HUDSON, COUNTY OF SUMMIT.
Brief Description: The City has established a Tax Incentive Review Council (TIRC) to periodically review each existing Community Reinvestment Area (CRA) and Job Creation Grant Agreement for compliance and to make recommendations to continue, modify or terminate each of the agreements. The duly appointed TIRC met on March 14, 2025, reviewed each CRA and Job Creation Grant Agreement and made certain recommendations to City Council.
Body
Legislative History
|
Company |
Resolution |
Resolution Date |
|
Mental Health Partners Hudson LLC (dba Assurance Health) |
17-22 |
2/7/2017 |
|
ForTec Medical, Inc. |
16-197 |
1/17/2017 |
|
RAMCO Associates, LLC |
15-18 |
2/3/2015 |
|
WBC Group, LLC (dba Boxout) |
10-69 |
5/19/2010 |
|
Manneschi & Benedetti Properties, LLC & CEIA USA, LTD. |
18-133 |
9/18/2018 |
|
TJE Real Estate, LLC (dba GEMCORE) |
20-83 |
7/28/2020 |
|
Aurora 6279 Hudson, LLC (fka Hudson 125, LLC) |
16-110 |
6/21/2016 |
|
FleetHQ Partners, LLC (dba Fleet Response) |
20-92 |
8/18/2020 |
|
Base Holdings, LLC and Open Practice Solutions, LTD (dba Etactics) |
19-125 |
9/3/2019 |
|
Cleveland Steel Container Corporation |
21-25 |
4/6/2021 |
|
On Search Partners, LLC |
18-123 |
8/21/2018 |
|
UYS Properties (dba Western Reserve Hospitals) |
22-35 |
4/5/2022 |
|
PartsSource, Inc |
24-29 |
3/19/2024 |
|
Charter Communications, Inc. (dba Spectrum) |
24-158 |
12/17/2024 |
Purpose & Explanation
The attached TIRC minutes from March 14, 2025 meeting summarizes the existing CRA and Job Creation Grant Agreements and the Tax Incentive Review Council’s recommendations.
Legal Authority for Proposed Legislation
Pursuant to Charter Section 6.04, Contracts & Purchasing:
Competitively bid and advertised for two consecutive weeks; bid tab attached: [Yes/No/NA])
Joint or Cooperative Purchase Program
Professional Services
Other [provide explanation]
Fiscal Impact
Currently Budgeted (Account #, $)
Supplemental Appropriation Required (Account #, $)
X Appropriation Not Required
Does this legislation require use of an emergency clause?
Yes [if so, explain why]
X No
Recommendation
Suggested Action
Staff recommends the continuance of the agreements which are economically beneficial for the residents of the City of Hudson and County of Summit and the termination of the agreements that have not met the agreed upon terms as outlined below. Note, no agreements were recommended for termination this year.
|
Incentive Held By |
Recommendation |
|
UYS Properties |
Continuance |
|
FleetHQ Partners, LLC |
Continuance |
|
Cleveland Steel Container Corp |
Continuance |
|
Base Holdings, LCC and Open Practice Solutions, LTD |
Continuance |
|
ForTec Medical, Inc. |
Continuance |
|
Aurora 6279 Hudson, LLC |
Continuance |
|
Mental Health Partners Hudson LLC |
Continuance |
|
WBC Group, LLC |
Continuance |
|
TJE Real Estate, LLC |
Continuance |
|
Manneschi & Benedetti Properties, LLC |
Continuance |
|
RAMCO, LLC |
Continuance |
Submitted by,
Thomas J. Sheridan, City Manager
Brian Griffith, Assistant City Manager
Greg Hannan, Community Development Director
Katie Behnke, Economic Development Manager