1104-2024
To authorize the Director of the Department of Development to enter into a Job Creation Tax Credit Agreement of forty-five percent (45%) for a term of up to six (6) consecutive years with Nuvo Packaging, LLC, in consideration of the company’s proposed total capital investment of $10,000,000.00 and the creation of one-hundred (100) net new full-time permanent positions with an estimated annual payroll of approximately $5,872,653.00.
What this record is
- Held by
- Nuvo Packaging, LLC
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Economic Development & Small and Minority Business Committee
- Requested by
- Dev Drafter
- Introduced
- April 10, 2024
- On agenda
- May 6, 2024
- Passed
- May 9, 2024
Where it was heard
Columbus City Council Columbus City CouncilWatch what Columbus buys
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