Summary
Two tax-incentive deals with Klaben Auto Group were scrapped because the dealerships' national corporate parents wouldn't release construction payroll data. Oddly, this is good news for schools: they now collect full property taxes instead of a quarter of them.
At a glance
- Total mentions
- 2
- Last 30 days
- 2
Discussed at 2 meetings in the last 60 days; most recently Oct 21, 2026.
Impact analysis
The school district gains 100% of property taxes on roughly $5 million in new valuation instead of 25%, and the city avoids sharing income tax revenue.
Kent City Schools and, modestly, the city's general fund.
Klaben loses the intended tax exemption, though the company was unable to satisfy the agreement's conditions anyway.
Mentions & discussions (4)
City Council (Regular) - Oct 21, 2026
Two proposed ordinances would cancel Community Reinvestment Area agreements the city signed with Klaben Property Management and Klaben Ford Lincoln in October 2024, ending the associated tax incentives.
City Council Committee Meeting - Oct 7, 2026
Two tax-incentive deals with Klaben Auto Group were scrapped because the dealerships' national corporate parents wouldn't release construction payroll data. Oddly, this is good news for schools: they now collect full property taxes instead of a quarter of them.
A Partnership Seeks to Transform Kent State and Kent (Published 2013)
A Partnership Seeks to Transform Kent State and Kent (Published 2013) The New York Times
Downtown Kent, Ohio, rising Phoenix-like as city, KSU and businesses coalesce
Downtown Kent, Ohio, rising Phoenix-like as city, KSU and businesses coalesce Cleveland.com
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