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No. 1 Akron to play Stanford next
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Audio: Mangini disputes Poteat call, accuses Lions of faking injuries
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Flashes travel to Florida Atlantic
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Gameblog: Cavs vs. Philadelphia 76ers
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Buckeye Football – Present and Future
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The Onion, By Any Other Name…
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Faye Dunaway to be Evicted?
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Monique asks how to get tickets for the Polar Express.
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Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Personal Rant – Why I am Glad I live in NEO
Akron Gamer:
Nintendo's Mario endures even as games come and go
Deals yanked for 3 firms in Summit; incentives continue for 43 others
By Rick Armon
Beacon Journal staff writer
Published on Tuesday, Aug 26, 2008
Summit County is yanking tax breaks for three companies — two of which are already closed.
The County Council voted Monday to terminate enterprise zone agreements with BWC Industrial Tool & Machine, Falls Lumber and Millwork, and WCCV Hardwood Flooring.
BWC and Falls Lumber, both of Cuyahoga Falls, have closed. WCCV outgrew its Stow facility and moved to Cuyahoga Falls, officials said.
The council, upon the recommendation of the county's Tax Incentive Review Council, also agreed to continue tax breaks for 24 companies — three of which have more than one deal. Those companies have fulfilled their job creation, building and payroll requirements. An additional 19 companies haven't yet fulfilled all the requirements, but their tax breaks also were continued.
''We need to police them to make sure they live up to their promises,'' said Peter Zaehringer, county economic development administrator.
County officials estimated that the 49 active tax incentive agreements have helped create 3,007 new jobs, retain 6,870 jobs and add $107 million in payroll for local companies.
''This has been a very posi
tive program,'' said Scott Wagner, deputy director of the county Department of Community & Economic Development.
The council also:
• Approved a three-year labor contract with about 15 union workers at the county Medical Examiner's Office. The workers — represented by the American Federation of State, County and Municipal Employees — will receive 3 percent raises each year.
The union already has approved the deal.
The workers include morgue attendants, forensic investigators and secretaries.
• Approved the creation of a joint Akron/Summit County Property Fraud Task Force. The group will target professional burglars.
Rick Armon can be reached at 330-996-3569 or rarmon@thebeaconjournal.com.
Summit County is yanking tax breaks for three companies — two of which are already closed.
Get the full article here.
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