Job Creation Grant Assigned To Giant Eagle
City of SolonCity · Solon, OH- Disclosed value
- Maximum $16,918 per year for 6 years (30% of new payroll tax; project investment $2,077,000)
- From agenda
- Document date
- Mar 3, 2022
The 30-second brief
The City of Solon is reassigning a previously authorized Job Creation Grant Agreement from Lineage Logistics Services LLC to Giant Eagle for the frozen food warehouse at 6531 Cochran Road. Under the Giant Eagle agreement, the company can receive up to $16,918 annually in payroll tax rebates for six years in exchange for retaining 143 existing jobs and adding 67 new positions.
Giant Eagle Inc holds this financial services contract with City of Solon. Its other public contracts on record include work for Commission on Crime and Delinquency and Pennsylvania Emergency Management Agency.
Term as filed: Job creation period February 2017 – December 31, 2017; grant years 1–6 with initial payment by June 30, 2018.
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Contract details
- Contract type
- Financial Services
- Amount
- Maximum $16,918 per year for 6 years (30% of new payroll tax; project investment $2,077,000)
- Document date
- March 3, 2022
- Term
- Job creation period February 2017 – December 31, 2017; grant years 1–6 with initial payment by June 30, 2018
- Vendor
- Giant Eagle Inc
- Agency
- City of Solon
- Source document
- economic_development_committee_agenda_march_2022.pdf (Agenda)
Giant Eagle Inc's other public contracts
More City of Solon contracts
Questions about this contract
Who was awarded the financial services contract by City of Solon?
Giant Eagle Inc was awarded this financial services contract by City of Solon, as recorded on March 3, 2022. The contract value is Maximum $16,918 per year for 6 years (30% of new payroll tax; project investment $2,077,000).
How much is the Giant Eagle Inc contract with City of Solon worth?
The Giant Eagle Inc contract with City of Solon is valued at Maximum $16,918 per year for 6 years (30% of new payroll tax; project investment $2,077,000), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in economic_development_committee_agenda_march_2022.pdf (Agenda), dated March 3, 2022 from City of Solon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Giant Eagle Inc hold?
Giant Eagle Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Solon currently buying?
Explore City of Solon's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.