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I <br /> I <br /> I <br /> FOR USE OF THE DESIGNATING :., <br /> We find that the applicant meets the general standards in the resolution adopted or to be adopted by this body. Said resolution,passed or to be passed <br /> under IC 6.1,1-12,1,provides for the following 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 /> B. The type of deduction that is allowed in the designated area is limited to: <br /> 1.Redevelopment or rehabilitation of real estate improvements QI Yes I]No <br /> 2,Residentially distressed areas ❑Yes (3 No <br /> C. The amount of the deduction applicable Is limited to$ <br /> D. Other limitations or carxOtions(specify) <br /> E. The deduction Is allowed for years'(see below). <br /> F. Did the designating body adopt an attemative deduction schedule per IC 6-1.1.12.1-177 ❑Yes ❑No <br /> If yes,attach a copy of the alternative deduction schedule to this form. <br /> We have also 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 sutficlent to Justify the deduction described above. <br /> Approved(signature end We of authorized member of designating body) Telephone number Date signed(month,day,year) <br /> Attested by(signature and tine of attester) Designated body <br /> If the designating body limits the tlrne period dunng which an area is an economic revitalization area,it does not limit the length of lime a taxpayer is <br /> entitled to receive a deduction to a number of years designated under IC 6-1.1-12.1-4, <br /> A. For residentially distressed areas,the deduction period may not exceed five(b)years. <br /> 13. 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(6),or ten(10)years. <br /> 2. If the Economic Revitalization Area was designated after June 30,2000,and is not in a residentially distressed area,the deduction period may not <br /> exceed ten(10)years, <br /> Filed in Clerk's Office <br /> AUG 08 2018 <br /> KAREEMAH FOWLER <br /> CITY CLERK,SOUTH BEND, IN <br /> I <br /> Page 2 of 2 <br />