City of Wooster Agenda Packet 2026-05-18
Enterprise Zone Agreement Assigned to Triple J 1909 LLC
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Description
Wooster City Council is considering Ordinance 2026-11 to assign the existing Enterprise Zone tax incentive agreement to Triple J 1909 LLC. The firm will assume the remaining tax abatement benefits and obligations on the 1909-B Old Mansfield Road project site through 2028 at no additional cost to the City.
Contract Details
Contract Amount
$0
Vendor
TRIPLE J 1909 LLC
Agency
City of Wooster, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Through 2028 (remaining EZ exemption term)
Renewal Date
2028-12-31
Renewal Info
Assignment of existing EZ Agreement 18-001 from Baker Properties Mount Vernon Ltd. and COMPAK Inc. to Triple J 1909 LLC and COMPAK LLC; term and 75%/10-year abatement remain as originally approved, expiring in 2028.
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