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i <br /> FOR USE OF :•D <br /> We have reviewed our prior actions relating to the designation of this economic revitalization 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 6-1.1-12.1-2.5, provides for the following limitations as <br /> authorized under IC 6-1.1-12.1-2. <br /> A.The designated area has been limited to a period of time not to exceed calendar years'(see below). The data this designation expires <br /> is <br /> 8.The type of deduction that is allowed in the designated area is limited lo: <br /> 1. Installation of new manufacturing equipment; ®Yes El N o <br /> 2. Installation of new research and development equipment; 12 Yes 13 N o <br /> 3. Installation of new logistical distribution equipment. ®Yes O N o <br /> 4. Installation of new information technology equipment; 0Ye s ❑N o <br /> C. The amount of deduction applicable to new manufacturing equipment is limited to$ cost with an assessed value of <br /> $ <br /> D. The amount of deduction applicable to new research and development equipment is limited to$ cost with an assessed value of <br /> E.The amount of deduction applicable to new logistical distribution equipment is limited to$ cost with an assessed value of <br /> F. The amount of deduction applicable to new information technology equipment is limited to$ cost with an assessed value of <br /> G. Other limitations or conditions(specify) <br /> H. The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or <br /> new information technology equipment installed and first claimed eligible for deduction on or after July 1,2000,is allowed for: <br /> 1 year ❑6 years "For ERA's established prior to July 1,2000,only a <br /> 2 years ❑7 years 5 or 10 year schedule may be deducted. <br /> ❑ 3 years ❑S years <br /> ❑4 years ❑9 years <br /> 1]5 years" ❑ 10 years" <br /> I. Did the designating body adopt an alternative deduction schedule per IC 6-1.1-12.1-177 a Yes 13 No <br /> If yes,attach a copy of the alternative deduction schedule to this form. <br /> Also we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have <br /> determined that the totality of benefits is sufficient to Justify the deduction described above. <br /> Approved:(signature and titre of authorized member) Telephone number Dale signed(month,day,year) <br /> Attested by: Designated body <br /> If the designating body limits the time period during which an area is an economic revitalization area,it does not limit the length of time a taxpayer is <br /> entitled to receive a deduction to a number of years designated under IC 6-1.1-12.1-4.5 <br /> Page 2 of 2 <br />