My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
06-28-10 Council Agenda & Packet
sbend
>
Public
>
Common Council
>
Common Council Agenda Packets
>
2010
>
06-28-10 Council Agenda & Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/1/2015 1:21:21 PM
Creation date
6/24/2010 1:13:14 PM
Metadata
Fields
Template:
City Council - City Clerk
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
98
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
We have reviewed our prior actions relating to the designation of this Economic RevitalizatienArea 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, provides for the fallowing limitations: <br />A. The designated area has been limited to a period of time not to exceed calendar years ' (see below). The date this designation <br />expires Is <br />S, The type of deduction that is atlolved in the designated area Is limited to: <br />1. Redevelopment or rehabilitation of real estate improvements © Yes ❑ No <br />2. Residentlaify distressed areas © Yes C1 No <br />3. Occupancy of a vacant building D Yes ❑ No <br />C. The amount of the deduction applicable Is limited to S <br />D, Other limitations or conditions <br />E. The deduction is allowed for years' (see below). <br />We have also reviewed the information contained in the statement of benefsts and find that the estimates and expectations are reasonable and have <br />determined that the totality of beneflis Is sufficient to justify the deduction described above. <br />Approved (signat(ire End lift* orauthorizedmomber of d"fgnatnq body} Telephona number I Bala signed {month, day, year) <br />Attested by (slgnalure and We ofellesfer) f 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 5 -1.12- 12.1 -4. <br />A. For residentially distressed areas, the deduction period may not exceed five (5) years. <br />B. For redevelopment and rehabilitation or real estate Improvements; <br />1. If the Economic Revitalization Area was designated prior to July 1, 2000, the deduction period Is limited to three (3), six (B), or ten (10) years. <br />2, if the Economic Revitalization Area was designated after June 20, 2000, the deduction period may not exceed ten (10) years. <br />C. For vacant bulldings, the deduction period may not exceed two (2) years. <br />Page 2 of 2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.