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•• • � :.. <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&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 belowJ. The date this designation expires <br /> is <br /> B.The type of deduction that is allowed in the designated area is limited to: <br /> 1. Installation of new manufacturing equipment; ❑Ye s ❑N o <br /> 2. Installation of new research and development equipment: ❑Ye s �N o <br /> 3. Installation of new logistical distribution equipment. ❑Ye s ❑N o <br /> 4. InstallaGon of new information technology equipment; ❑Ye s �N o <br /> C. The amount ot deduction applicable to new manufacturing equipment is limited to $ cost with an essessed value of <br /> S <br /> 0. The amount of deduction applicable to new research and development equipment is limited to $��__ cost <br /> with an assessed value oi$__�_ __ <br /> E.The amounl of deduction applicable to new Iogistical distribution equipment is limited to$ cost with an assessed value of <br /> $ <br /> F. The amount of deduction applicable to new information technology equipment is limited to$ cost with an assessed value of <br /> $ <br /> G Other limitations or conditions(specify) <br /> H. The deduction for new manufacturing equipment and/or new research and development equipment andlor new logistica!distribution equipment andlor <br /> new information technology equipment installed and first claimed eligible for deduction on or after July 1,2D00,is allowed for: <br /> ❑1 year �6 years "'For ERA's established priorto July 1,2000,�nl,y a <br /> ❑2 years ❑7 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 eslimates and expectations are reasonable and have <br /> determined that the totality of benefits is su�cient to justify the deduction described above. <br /> Approved:(slgnature and tifle of authonzed member) Telephone number Date signed(month,day,year) <br /> Attested by: Oesignated 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 faxpayer is <br /> entitled to receive a deduction to a number of years designated under IC 6-1.1-12.1-4.5 <br />