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FOR o DESIGNATING'BODY <br />We have reviewed our prior dotiond reta0ng to the designation of this economic revilgtization area and find that the applicant meets the general standards <br />adopted in the resolution previously approved by this body. Said resolution, passed under IC 6- 1.142.126, provides for the following limitations as <br />aulhgriwd under IC 6- 1.142.1 -2. <br />A. The designated area has been limited to a period of time not to exceed calendar years' (see beb4. The date this designation expires <br />7s . NOTE: This question addresses whather (he resolution conntakrs an exertion date forlhe designated area. <br />0 - The type of deduofion that is allowed in the designated area Is limited to: <br />1 . Installation of new mEhnufaciudng egulpmenl; ❑ Yes p No ❑ EnhsncedAifateii►eiit per IQ 6 -1.1- 12.148 <br />2. Installation of new ramict tihd developmeht equipment; ❑ Yes C] No lien► enhanced abatement was <br />Moved for a►aormto of them types. <br />3. insirdiallon of hew logistical distribution dquipmeal, 17 Yes ❑ No <br />4. Inslallalton of new Information technology ayuipmenl; ❑ Yes ❑ No <br />C. The amount of deduction applicable to new ftriufacluring equipment Is limited to $ cost with an assessed value of <br />$ . (one orboth lines maybe Mod out to edabfth a #W14 !f deslmd) <br />D. The amount•ofddduolion applicable to new reaearch and development!equlpmpnlls llmlted to•$ - • -••- - - - costwilh arrsoessed value of <br />$ (One orbdh lines maybe filled out to MOW a OWN, 1tdisshed f <br />E. The amount of deductign applicable to new logistical distribution equipment is limited to $ cost with an assessed value of <br />$ (One arboth tines maybe !filed out to estabM a Nm14 tl deslred) <br />F The amount or deduction applicable to.new Ihforinallon technology equipment Is limited to $ costwilh an assessed value of <br />$ . (One orboth fines maybe fNled out to ealabM a lln►N, if deshvd.) <br />a Other limitations or conditions (speciryj <br />H. The deduction for new manufacturing equipment and/or new "research and developpient equlprnent and/or new logistical dlst.Mutlon equipment and/or <br />new Information technology equipment Installed end first claimed eligible for deduction is alloyed for <br />❑ Year 1 ❑ Year 2 ❑ Year 3 ❑ Year 4 ❑ Year 6 ❑ Maned Abatement per IC 64.142.1 -18 <br />Numbqr of years approved: <br />❑ Year 6 ❑ Year 7 ❑ Year B • ❑ Year g .❑ Year l o (E►lerona fo lwehly (i 20)ye#nv may not <br />. exceed twenty (20) years.) <br />I. For a Statement otseneflls approved afar June 30; 2013, did this designelrtg body adopt an abatement schedule per IC &1.1- 121 - (7? ❑Yes ❑ No <br />If yes, attach a copy of the abatement soedule io this form. <br />If no, the designating body is required to establish an abatement schedule before the deduction can be determined. <br />Also we. have eviewed the information contalribd m the statement of benefits and find that the estimates and expectations are reasonable and have <br />determined that the totally of benefits is sufficient to)usuty the deduction described above. <br />Approved by: (algoefure and BUe oraulhodred memberefdeelgn�r9body) <br />Telephone number <br />Dab epned (mono. abS:lroarl <br />Printed marina otaulhofted member.00dsignaft body <br />Name ofdeslgnaling body <br />Albaled I% (sfgnefum and fife of affeafer) <br />Prinled pound cf allealer <br />" If the designating body limits the time period during which an star Is an economic revl(aiizetion area, that iffnttetlon does not limit the Woo of lime a <br />taxpayer is entitled to receive a deduction to a nutnber of years (hat Is leas then the number of years designated tuhder 10 6- 1.142.1 -17. <br />t <br />Ig 64.. 441147 <br />Ab4tem <br />ent8cbeduI6s <br />Sec. 17. (e)Adeslgnalhtg body may provide to a business Otat is established In or relocaled to a revitalization area and that receives a deduction underbeclon 4 or4.6 <br />of this chapter an gbalement Wier!* based on the following Jades: <br />(1) The tole] amount of tbte,tatcpayer's iivestrrhatl In real and petsonal prbpedy. <br />(2) The number of new fult4mne equivalent jobs created. <br />(3) The average wage or the new employees compared to the 81810 m►niman wage. <br />(4) The kilrestrucl ke requirements for ate 1a"ar's M4eshrient <br />l J m <br />owed frierIMschaplerAnabaternents scheduleeMustapedfythepercenWea <br />al ounl deduction for each Year of thede0cliort An abatement schedule may <br />not mead tat M-1. ta. , t <br />(cjpt ab�l." Iule approved for a padksmlar taxpayer beforeJuly 1, 2013, remains in effect until the abatement schedule mom u deribe corms of the <br />rdsohilion e}ipm the taxpayeeh statement of ben0s. <br />page 2 of 2 <br />