Laserfiche WebLink
We have reviewed our poor dollond relappg to the desigrufllop of this economic revitalization preq. and ilnd that the applicant meets the general islandaZ. <br />rds <br />adopted In the rabolulloh previously approved by Ills body. Said resolulkn; passed under IC 6- 1.142,1 Zai provides for-lie following Ilmliatioas as <br />authorized under IC 0. 1.142:12. <br />A, The desfgnaled area has been fimlted to a period of time not to excped calendaryears • (see belbv4. The date Ills designation dxpires <br />td NQ'M- f its questfon adzes lvltetherthe resglulloncontafas an exp1milon date (orfhe deabnefed ants <br />B. The type of cleducilop that is allowed in the designatbii area Is limited to: <br />1. lristptial (onof now manufaduringequipment, ❑Yes p No <br />❑ Ent lanced AHatmneiit per 1004.1- 121 <18 <br />2. Installation ofneWreseAtchithddeveloprnehlequipmeny ❑Yes 17 No <br />• Chard rboxtfdndnhanbedatietardantvAM <br />3.) nsl9lia8onofhew logisliceldidlabutiondquipmenE 11 Yes 11 No <br />approvedmronaormomofthesetype& <br />4. Installation of newinrormation technology hquipmenG r] Yes ❑ No <br />�. The amount of deduction applicable to new tiled cluring equipment, Is limited to s <br />cost wlth an assgesed value of <br />$ . (One orkofhMos maybe filled out to eateb1sh a amR, Ydesfrad) <br />D, The aihouht -ef dddUbjIon eppVcable to new•rs"grch end dgvelopnlent equipment ls•Ilrpited to•$ - - - • •_ _: _.. y h �. al assessed valuorot <br />$ . (One orbothNnes maybe 06d out to ealabkh a Nmtt, l{tlesfrec'J <br />E. The amgtinl of pedyction applicable to nowloglsllcai distribution equipment is limited to $ <br />oostwith art asseboad value of <br />$_ (oneorboth flnesmaybe Med outto establish a AW1411fdadred) <br />F The amount of deduction dpplicable lo.new Ihforinailon technology equipment is limited' to $ <br />costwlUi an assesyed value of <br />4 . . (One orbolh Mes maybe Medoutto estabish a limit, ff desired.) <br />0. Other iimitaWns orconditions (spadry) <br />H. The dedu6Uonf6f now Manufacturing equlp (mdol. and/or no research and Bevel opmentequtpnlgnt and/or new togisileaidistribulloaqulptpehtandfor <br />new Informallon technology equipment Installed mid first claimed eligible for deduction Is allowed for: <br />❑ Year 1 ❑ Year 2 ❑ Years ❑ Year x! ❑ Year 6 ❑ Enhenced Abatement per IC 0-1.142.1-18 <br />❑ Year ❑ Year7 ❑ YearB • ❑ Wart) n Year 10 Garber otaarsappI -20) _vng <br />(tnt8rone to tci�ehty(f 20),yeary maynot <br />exc8edlwenry(20J.yeam.) <br />1. For statement of Benefits approved aftgrJunp 30, 2019, did ttlq destgnattng body adopt an abatemenisehedrle per iC a -i.1- 12,147? p Yes ❑ No <br />Ifyes, stlach.a copy of the obalernentsohedule to this form. <br />Irno, the designating body Is required to establish an abatement schedule before the dedudlon can be determined. <br />Alsowq J%vq tevlewed the information confalddd 1A the s alarderit ofbenefils andfind thal the estimates pnd expectations are reasonable and have <br />determined thdt the totality.9f bouts is suMclent to)usllt thelleduotton described abdva. <br />If the designating body limits the time period during which an spas la an economic revitelizallon area, that lim(la4on dyes not limit the lepoth of flmq a <br />taxpayer is entated to reoaNe a dedudlohto a number ofydars (het Is less than the number of years desidnaled under (G 84.142,147. <br />10 64,i- jli117 <br />gbgtemeetachedules <br />Selz 17. (a)Adeslgnating body rW4 pw..Nde to a businessihm is established In orretowled 10 a revitalization area and that receNels a deduction undersectlon 4 or4A <br />ofdile,chapteran $tfatementi;diedgla based onthe followfig_Wore: <br />(1) The total amotmt ofthe taxpayWAlvesimont in rdal end pefsonalpropdriy. <br />(2) Ttwnum'berofnew full -lire equhrelent.109 created.. <br />(8),rhaaverage WW. oflife newemployees cgmpe m 19 the &fate rn num"wage, <br />(4) The hirraslruclure taquhemenla for the taxpayer's MvdUtievl; <br />(b) This sitbseralch applids (o a slaleraentofbenalils approWd.afierJune 30,2013.Adasighaft bo¢ygitall eslabNgh an abatementsghedulefor gash deffuefion <br />allowed undorlhisohapter .Anabalementsdwdulemu 1. zpW& theperlbnWgaamountoftit edeductionforeabhyearofthededuclift Anabblementso]medrpemay <br />nqj%. Qeed)en(1�) eare :t, c -• .; . o <br />(c)An ab te►ijent §c�iedule spproved fora patl(eular texpaypr beforeJuly 1, 2018, remains In effect until (he abatement schedule W*es untlerthb terms of the. <br />rage2 of2 <br />