City of Wooster Agenda Packet 2026-05-18
Original EZ Agreement Holder Baker Properties Replaced
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Description
Wooster’s Ordinance 2026-11 modifies a prior Enterprise Zone Agreement originally held by Baker Properties Mt. Vernon Ltd., assigning the agreement to new owner Triple J 1909 LLC and COMPAK LLC. Baker’s role as the benefiting property owner under the tax incentive is effectively transferred with no new incentives granted.
Contract Details
Contract Amount
$0
Vendor
BAKER PROPERTIES MT VERNON LTD
Agency
City of Wooster, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Original 10-year EZ term beginning circa 2018; obligations now assigned
Renewal Date
2028-12-31
Renewal Info
Existing EZ Agreement 18-001 continues under new ownership; Baker Properties’ beneficial interest is assigned, not renewed, and the agreement still ends in 2028.
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