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We have reviewed our pear actions reiatiny to he desigria oa o this economic ravitatization area and fi;,d that the app €icani meets the general standards <br />adopted in the r,:solutian previously approved by ''Ns body. Said resolution, passed under IC 6-11- 12,1 -2.5, provides for the following limit;Mians as <br />authorized under IC 6- 1.1- 12.1 -2. <br />A . The designated area has been limited to a period of ;imo net to exceed calendar years ` (sea below). The dale this designation expires <br />8 . The type of deduction that is allowed in the designated area is United to: <br />1, instaliatLl'M of new equipment; <br />2, installation of new research antt development -equipment: <br />3. Installation of new logistical distribution equipment. <br />4. Installation of new'snformallon technology equipment; <br />❑Yes E]N o <br />❑Yes []NO <br />❑Yes ®N o <br />❑Yes ®N o <br />C. The amount of deduction applicable to new manufaMring equipment is limited to S <br />D. The amount of deduction applicable to new research and development equipment is limited to <br />with 2r) assessed value of <br />E . The amount of deduction applicable to new logistical distribution equipment is limited to $ <br />cost with an assessed value of <br />cos: <br />Cost with an assessed value of <br />F. The amount of deduction applicable to new inforrriation tedinoiogy equipment is limited to S cost with an assessed value of <br />G. Other limitations or conditions <br />H. The deduction for new manufacturing equipment andfor new research and development equipment andler new logistical distribution equipment andlor <br />new information technology equipment installed and first daimed eligible for deduction on of after J€aiy 1, 2000, is ailovved for: <br />❑ 1 year ❑6 years '* For ER/t s established prkw to ,July 1, 2000, only a <br />®2 years ® T years 5 or 10 year schedule may be deducted. <br />❑3 years ❑8 years <br />❑4 years ❑ 9 years <br />❑ 5 years `° ❑ 10 years <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 just fy the deduction described above. <br />Approved: (siynotum and title of authorized mcml—, f) <br />AttesiLd by: <br />Ts!ephone number E Hate signed (morah, day. }year <br />DesignaW body <br />If the designating body limits the time period during which an area is ar. economic revitalization area, it does not limit the length al time a taxpayer is <br />entitled to receive a deduction to a number of year designated under IC 6-1.1- 12.1 -4.5 <br />Filed In MOSIS 01"Ce <br />