AURORA – Atlantic Water Gardens plans to move its Mantua operations to Aurora, bringing with it 22 employees and a $1.1 million payroll.
City Council on Nov. 11 OK’d a one-time relocation incentive grant of $9,000, plus a 3-year income tax rebate incentive, for Atlantic Water Gardens to relocate to 125 Lena Drive.
Atlantic Water Gardens, a member of the OASE Group, manufactures water feature products. The 30-year-old company produces pre-formed ponds, filters and skimmers for water gardens, hardscape lights, water walls, wall spouts, and stainless steel weir and spillway systems.
After the $9,000 incentive for the first year, the firm will get a 50% income tax rebate the second year and 25% rebates each of the third and fourth years. The company must maintain a $1.1 million payroll the first year, rising to $2 million in the fourth year.
In addition to its Mantua operations, the company also will relocate some employees from two or three of its other sites, according to Aurora Finance Director Tim Clymer.
The city’s agreement with the company states that if the company ceases operation in Aurora prior to Dec. 31, 2023, all grant money must be returned to the city.
If the firm fails to meet its employment commitments, a committee made comprising the mayor, finance director, economic development director, law director and Council president would decide whether the agreement should be amended or canceled.
Mayor Ann Womer Benjamin said the firm plans to relocate 22 full-time employees from its Orchard Street site in Mantua Village to a portion of a 236,000-square-foot existing building in the southern industrial zone.