Village of Minster Council Meeting Minutes 2026-05-19
Enterprise Zone Agreement Approved for Globus Printing and Packaging
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Description
The Village council approved an enterprise zone agreement with Globus Printing and Packaging Inc. for a 10-year real property tax exemption to support a $3.25 million, 45,000 sq ft expansion and 5 new jobs. Tax abatement is 60% for 5 years, then 30% for 5 years.
Contract Details
Contract Amount
$3,250,000.00 (investment value), property tax exemption (no dollar awards stated)
Vendor
GLOBUS PRINTING AND PACKAGING INC
Agency
Minster village (pt.), OH
Contract Type
OTHER
Document Date
May 19, 2026
Contract Term
Ten years (tax exemption: 60% years 1-5, 30% years 6-10)
Renewal Date
2036-05-19
Renewal Info
No automatic renewal; ordinance-based 10-year schedule.
More from Minster village (pt.)
Village of Minster Council Meeting Minutes 2026-05-19
Village of Minster Council Meeting Minutes 2026-05-19
Village of Minster Council Meeting Minutes 2026-05-19
Village of Minster Council Meeting Minutes 2026-05-19
Village of Minster Council Meeting Minutes 2026-05-19
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