Perrysburg may give tax rebate to business


PERRYSBURG – A commercial contractor company plans to move into the city by the end of the year and would
generate at least $30,000 in annual income tax.
The city’s Economic Development Committee voted Wednesday to recommend awarding a tax rebate – of $10,000
a year through its Job Creation Program Grant – to Lakeside Interior Contractors Inc., which plans to
relocate its office from Maumee to the city before December. The recommendation will appear before city
council on Aug. 18.
If approved by council, the job grant would kick in on December 2010 and last until December of 2014.
Andy Anderzack, the company president, told the committee that Lakeside plans to move its offices into a
larger building at 26970 Eckel Road between the Thanksgiving and Christmas holidays. The company
established temporary occupancy for a warehouse earlier this week.
"The site in Perrysburg is perfect for us," Anderzack said.
Lakeside is a specialty contractor for interior and exterior improvements. According to the committee,
its sales are estimated at $25-30 million annually.
The business intends to bring 20-25 new full-time employes into the city with an estimated $2-2.5 million
in new payroll. The payroll income will be taxed at 1.5 percent.
The company additionally carries 75-250 trade, part-time and seasonal employees depending on the volume
of construction-related work. Lakeside estimated an annual payroll of about $10 million for 2008,
according to the committee.
Rick Thielen, economic development administrator, said after the meeting that the grant amount is based
on the approximately $2 million that the city can expect from the company’s full-time employees – as
opposed to the $10 million figure which would be based on potentially fluctuating economic conditions
and a less consistent number of employees.
He said the program began about four years ago, and about five businesses have received the grant. To be
eligible, a company must add a minimum of $2 million in new taxable payroll to the city. The grant award
is about a third of that amount.
John Kevern, the committee chair, said Perrysburg contacted Maumee about the relocation. He said after
the meeting that the city typically makes such calls as a courtesy to let towns know that relocations
were voluntary.
In other action, the committee voted to approve a request from Zingo’s, a restaurant at 106 Louisiana
Ave., rescinding a Downtown Improvement Program Grant. Thielen explained to the committee that the
business decided not to complete more improvements which would be required to receive the grant and so
requested that the award be rescinded.
Thielen said, although the grant award would expire, the measure to rescind likely will appear before
council for record-keeping purposes since the grant originally was awarded through an ordinance.

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