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0 0 D LOD <br />We find that the applicant meals the general standards in the resolution adopted or to be adoplpd by this body. Said resolulion, passed or to bo passed <br />under IC &1:142.4, provides for the following limitations: <br />A. The deslgndied area has been Kinked to apedod of time riot to exceed ogtenderyeare *(see be)oW). The dal6 this designation <br />expires Is <br />B. The type-of dedublfon that Is aliowed1n the dealgna(ed steals limited to: <br />1. RedBV9lopt�ent or rehabiliiallon of Arai estate improvements p Yes 13140 <br />7, distressed areas Yes ❑ No <br />C. The amount of the deduldlion Applicable Is limited to <br />D. Other limitations or conditions (spac/fy) <br />E. Numberof years allowed: (jYeari ® Year2 YearS ❑Year4 J] YearS eseebelhW) <br />[[�IYearS Year? B Year a Qdeers p'i"r10 <br />" "' �" FoT' a'> rtritatt�f' hstrattls- approYedafler- Jtme '302413,-did�hls•deeignaling'Ho dyads@ to n- ebatementechedutape�iCr8.1.a a2aaa.? _...� �,�.._ <br />Yes (]'No <br />If yes, attach a copy of the abatement schedule to this form. <br />If no, the designating body Ig required to establish an abatement schadule ;before the daducllop pan be determined. <br />M have pleo reviewed the Informalidn contained in the statement of benefits and find that the estimeteb and expealgtiQps are reasonable and have <br />detemined that the totality of benefits is sufficient to Jusfily the deduction described above. <br />Approved (slgrrprdre aad Gfla orauthodzad memborol doslonfing body} <br />Telephone number <br />( ) <br />Date signed (monlry daK yea# <br />p)lgtea name otaulhodzed member of dealaneling body <br />Name ofdestgnaling body <br />AI " ed by (slyheh m GGo o/eNea(etj <br />P led seine of a gD er ' <br />)f )he dailignaling body limits the Iimoperiod dlatri"hicWari area Is an economic covllelizallon area, ilia! linittelign does nbt limit the length of time, a <br />iaxpgyar is entitled to recelve a deduction to a number of years that Wess than the number of years designated under IC.8 -'1.1- 12.1 -17. <br />A. Fo resIdeMally distressed ateaswherethe Form 811- 1/Real Properly was approved prior to July f, 2018, tha.deductigns established in IC <br />8-11- 12,1-4,1 remalh in efept. The dedualiop period May not exceed five (6) years. Fora Form SMIReal Pmpgtty that la approved after June 30, <br />- 2013, the designating buoy is required to establish art abatement sctfeduls for each dpduottgn allowed. The doductionpbdod may not exceed ten <br />(10) years (See IC 8-1.4 ZI -97 below.) <br />Q. For Ih@ redevetopt enter tt+habliltallon of regI plopprr vqhere the Fnfm FB i1Real Pr6ppriy 'as approved prior �•l* 1, 201.3, the abatement <br />&AiReal 3d, 2013, the da lij no <br />schedule epprovedby tits desihnating body remains n effect, For Fatm Property that Is approved aitorJune <br />body Is required to establish an abatemegt schedule for each deduoUon elloWed. (Sal+ iG Q -1.1- 12.1-17 below) <br />l06 -(.1- 12.1 =17 .•• <br />Abatement scbodulas <br />See, 47, (AM des)gnaling body may provide to a business that is established in or relocated to a revitalizailon area and that iecelves a deduction under <br />factors: <br />sedtlon 4 or 4.6 of this chopler an agalemepl seheduld based on fhb following <br />(1) The total amount of the lexpayel's 10631ment In real and personal property. <br />(2) The numberof new fup -time equivalent Jobs treat @d. <br />(3) The average wage of ilia new smployees.compared to the state minimum wage. <br />(4) The Infrastructure requirements forthe taxpayers investment. <br />(b) 8uboo * lon.apgil@s to a slaw 'nt o f benefits mppr8ved sfter- iyrte 30, 20.13. ydesigrtaling body shall establish an abatpmbrit hchedule <br />of the deduction for each year of <br />for del uoaon allowed udder Ihls chapter. An abatement schedule must specIrk1he percentage amount <br />fo> each <br />, <br />ilia deductipp, -M pbatement schedule may not exceed ten (1(l) years. <br />(o) An abatement schedfde opproved fora particular taxpayer befdre July 1, 2013, remains In ef(aot until the abatement schedule pxl*as corder <br />the terms of the resolution appr19111.0 the taxpAyeT% siatprr ent Of <br />Page 2 of 2 <br />