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File #: 1613-2019    Version: 1
Type: Ordinance Status: Passed
File created: 6/6/2019 In control: Economic Development Committee
On agenda: 7/22/2019 Final action: 7/25/2019
Title: To authorize the Director of the Department of Development to enter into an Enterprise Zone Agreement with Calgon Carbon Corporation, CCC Columbus LLC and BSC Columbus LLC for a tax abatement of sixty-five percent (65%) for a period of ten (10) consecutive years in consideration of a total proposed capital investment of approximately $3,000,000.00 in real property improvements and $4,000,000.00 in machinery and equipment and the retention of 37 employees with an estimated annual payroll of approximately $2,230,297.00 and the creation of 15 net new full-time permanent positions with an estimated new annual payroll of approximately $716,706.00.
Attachments: 1. ORD1613-2019 Calgon Carbons - EZ Fact Sheet, 2. ORD1613-2019 Calgon Carbons - Site Map
Explanation
BACKGROUND: There is a need to enter into an Enterprise Zone Agreement with Calgon Carbon Corporation, the employer of record and CCC Columbus LLC and BSC Columbus LLC, the property holders (collectively “Calgon Carbon”). The Ohio Enterprise Zone law O.R.C. Section 5709.62(C) requires the City to enter into a Council-approved agreement between the City and participating companies.

Calgon Carbon is a leader - nearly 75 years in production - in the activated carbon and reactivation industry for many liquid and vapor phase applications, with complementary expertise in ultraviolet disinfection and oxidation, ion exchange technology, and ballast water treatment.

Calgon Carbon is proposing to invest a total project cost of approximately $3,000,000 in real property improvements and $4,000,000 in machinery and equipment to renovate existing production and warehousing facilities consisting of approximately 12,000 sq. ft. located at 835 N. Cassady Avenue, Columbus, Ohio, parcel numbers 010-018750, 010-126708, 010-081911, 010-126789, 010-126713, 010-024781, 010-126704, 010-126783, and 010-132316 (“Project Site”). The company anticipates that the development of the proposed project will lead to the retention of 37 employees with an estimated annual payroll of approximately $2,230,297 and the creation of 15 net new full-time permanent positions with an estimated new annual payroll of approximately $716,706 at the proposed Project Site.

The Department of Development recommends a 65%/10-year Enterprise Zone tax abatement on real property improvements.

The Columbus City School District has been advised of this project. This legislation is presented as 30-day legislation.

FISCAL IMPACT: No Funding is required for this legislation.

Title
To authorize the Director of the Department of Development to enter into an Enterprise Zone Agreement with Calgon Carbon Corporation, CCC Columbus LLC and BSC Columbus LLC for a tax abatement of sixty-five percent (65%) for ...

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