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1 <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 lime not to exceed calendar years'(see below), The dale this designation <br /> expires is _��b - Lo(� <br /> S. The type of deduction that is allowed in the designated area Is limited to: <br /> 1,Redevelopment or rehabilitation of real estate improvements Yes ❑No <br /> 2.Residentially distressed areas E.Yes ®No <br /> C. The amount of the deduction applicable is limited to$ a, �-t w,% . <br /> D. Other limitations or conditions(specify) N'D r%2,_ <br /> E. The deduction is allowed for L-0 years"(see below). <br /> F. Did the designating body adopt an alternative deduction schedule per IC 6A A-12.1-17? (AYes ED 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 sufficient to justify the deduction described above. <br /> Approved(signature and Lille of authorized member of designating body) Telephone number _ Dale st ned(month,day,year) <br /> - R3 L( <br /> 7AHestedby ' nature and title of a e t ) Designated boddyy <br /> CJiN If the desigbating 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 6-1.1-12.1-4. <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(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 /> Page 2 of 2 <br />