TWINSBURG – City Council has offered a Twinsburg Occupancy Program agreement to a business with an estimated $2.5 million annual payroll. Legislation was approved at Council’s Nov. 12 meeting.
Rock the House Entertainment is looking at relocating in 2020 from Oakwood Village to a 47,250-square-foot building at 1943 Midway Drive. The building formerly was occupied by Intigral Inc., which moved to Walton Hills and produces insulating glass units.
According to Rock the House’s TOP application, it will initially employ 47 full-time and 75 part-time workers. Job growth is foreseen within the next three years, but the application did not list the number of anticipated new jobs.
Rock The House was founded in 1999 by Matt Radicelli, and according to its website, "has rapidly grown and developed into a full entertainment and audio-visual company, producing and entertaining at more than 1,500 events per year."
Director of Planning and Community Development Larry Finch said the TOP agreement will provide an annual grant equal to 25 percent of income taxes paid by company employees for an eight-year term beginning in 2020, so long as the firm is compliant with stated job and/or wage commitments.
The total investment for the Twinsburg property is expected to be $2.75 million, including $2 million to acquire it and $750,000 for site improvements.
The TOP was established a few years ago as an economic development tool to encourage the occupancy of existing vacant industrial and commercial structures.
In other action, Council approved a change order for an additional $85,301 to be paid to Barbicas Construction Co. for final costs for the Ashdale Drive reconstruction project. Of the total, $55,776 will come from the streets/highways fund and $29,525 from the sewer improvements fund.
City Engineer Amy Mohr explained the extra cost was for stone to maintain driveway access, curbing modifications, additional concrete sidewalk and driveway repairs and other items.
Council accepted a quote of $19,000 from Cintas Corp. for rental of uniforms and floor mats. The contract will be for three years, and is below the state and national bid requirements. The current contract expires Dec. 31.
Finally, Council OK’d updates to the city’s petty cash ordinance to reflect actual petty cash balances in use throughout the departments. The action came after the finance department completed an audit of petty cash amounts in September.
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