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FINANCIAL_SERVICESAPPROVED

City of Kent Regular City Council Meeting Agenda January 21 2026

Enterprise affiliate receives CRA tax incentive in Kent

City of KentCLERAC LLC DBA ENTERPRISE HOLDINGS LLCJanuary 21, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Council approved a CRA real property tax exemption agreement with CLERAC, LLC, also known as Enterprise Holdings, for renovation-related investments at 1225 West Main Street. The agreement supports Enterprise’s local expansion with property tax incentives.

Contract Details

Vendor

CLERAC LLC DBA ENTERPRISE HOLDINGS LLC

Agency

City of Kent, OH

Contract Type

FINANCIAL_SERVICES

Document Date

January 21, 2026

Renewal Info

CRA agreement terms, including duration and exemption schedule, are set in the CRA contract and may be amended only with future council approval.

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