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We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards 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 authorized under IC 6-1.1-12.1-2. A .The designated area has been limited to a period of time not to exceed calendar years' (see below). The date this designation expires is B .The type of deduction that is allowed in the designated area is limited to: 1. Installation of new manufacturing equipment; ^ Ye s ^ N o 2. Installation of new research and development equipment; ^ Ye s ^ N o 3. Installation of new logistical distribution equipment. ^ Ye s ^ N o 4. Installation of new information technology equipment; ^ Ye s ~ N o C. The amount of deduction applicable to new manufacturing equipment is limited to $ cost with an assessed value of $ D. The amount of deduction applicable to new research and development equipment is limited to $ ___,_______~ cost with an assessed value of $ _________~____. E .The amount of deduction applicable to new logistical distribution equipment is limited to $ cost with an assessed value of F. The amount of deduction applicable to new information technology equipment is limited to $ cost with an assessed value of G. Other limitations or conditions (specify) H. The deduction for new manufacturing equipment andlor new research and development equipment and/or new logistical distribution equipment and/or new information technology equipment installed and first claimed eligible for deduction on or after July 1, 2000, is allowed for: ^ 1 year ^6 years "For ERA's established prior to July 1, 2000, rLnly a ^ 2 years ^7 years 5 or 10 year schedule may be deducted. ^3 years ^8 years ^4 years ^ 9 years ^ 5 years " ^ 10 years " Also we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have determined that the totality of benefits is sufficient to justify the deduction described above. (signature and title oI authohzed member) ~ Telephone number Oate signed (month. day, year) by: ~ Designated body ' 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 entitled to receive a deduction to a number of years designated under IC 6.1.1-12.1-4.5