If you own an existing business in
Stark County, the SCPA can:
- Assemble a team of development officials and experts to
coordinate local, state and federal assistance for large
expansion or construction projects.
- Provide assistance in locating, acquiring and developing
real estate suitable for expansion or new construction.
- Act as a source of market rate bond financing to assist
in constructing new manufacturing, warehouse, and distribution
facilities, or large office buildings.
Types of financing include off-balance sheet financing,
synthetic lease financing, and conduit financing.
- Provide financing options that keep real estate off the
company books. The Port Authority can work with your company
to secure bond financing to construct a facility through
a lease with the Port Authority. The lease can be structured
in a variety of ways, including provisions that provide
the company with an option to purchase the facility during
the term of the lease.
If your are interested in locating a business in
Stark County, the SCPA can:
- Assemble a team of development officials and experts to
coordinate local, state and federal assistance for new construction
projects.
- Provide assistance in locating, acquiring and developing
real estate suitable for relocation or new construction.
- Act as a source of market rate bond financing to assist
in constructing new manufacturing, warehouse, and distribution
facilities, or large office buildings.
Types of financing include off-balance sheet financing,
synthetic lease financing, and conduit financing.
- Provide financing options that keep real estate off the
company books. The Port Authority can work with your company
to secure bond financing to construct a facility through
a lease with the Port Authority. The lease can be structured
in a variety of ways, including provisions that provide
the company with an option to purchase the facility during
the term of the lease.
If you represent a local government in Stark County,
the SCPA can:
- Help leverage local funds to attract state infrastructure
dollars to fund water, sewer or other infrastructure improvements
that will help an existing company expand or attract a new
business
- Identify potential industrial sites for acquisition and
explore development financing options.
- Assist in assembling a team of development organizations
and experts to coordinate local, state and federal assistance
for companies interested in constructing new facilities
in your municipality.
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