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FINANCIAL_SERVICESAMENDED

City of Wooster Agenda Packet 2026-05-18

COMPAK LLC Added as Enterprise Zone Agreement Party

$0City of WoosterCOMPAK LLCMay 18, 2026

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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
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Description

The City of Wooster plans to assign Enterprise Zone Agreement 18-001 to COMPAK LLC, allowing the company to continue receiving the remaining real estate tax incentives at the 1909-B Old Mansfield Road facility through 2028. The amendment does not change the value or duration of the existing tax abatement.

Contract Details

Contract Amount

$0

Vendor

COMPAK 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 and continuation of existing EZ Agreement 18-001; COMPAK LLC replaces COMPAK Inc. as the operating enterprise, with the agreement still scheduled to expire in 2028.

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