uzirukynurylew.blogspot.com
The incentive, which got the green light Monday comes as Limbach gets ready to leave its Grandview offices at 851Williams Ave. That site now is a piece of ’sz $500 million Grandview Yard mixed-used The company is relocating to 822Clevelanc Ave. with plans to add 35 jobs and retai the 110 it is movinygfrom Grandview. The five-year tax breakj returns 25 percent of the personal income taxes generated bythe company’ds $5.5 million payroll, including new jobs, durint the first two years. In years thred through five, that amount increases to 35 during which time Limbach expects its annual payroll to growby $1.
755 million if it meets job-creation The last month approved a six-year, 45 percentf tax credit to spur the company’s relocation. Limbach planxs to invest about $1.35 million in the relocation, accordingt to documents filed withthe city.
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