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:O <br /> We find that the applicant meets the general standards in the resolution adopted or to be adopted by[his body. Sold resolution,passed or to be passed <br /> under IC 6-1.1-12.1,provides for the following limitations: <br /> A. The designated Area ha been tip�fled to a period of time not to exceed calendar years`(see below). The date this designation <br /> expires is 1, —2 3- LEI l <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 VYes ❑No <br /> 2.Residentially distressed areas Yes 0 No <br /> C. The amount of the deduction applicable is limited to$. <br /> D. Other limitations or conditions(specify)_ <br /> E. The deduction Is allowed for�op years*(see below), <br /> F. Did the designating body adopt an alternative deduction schedule per IC 6-11-12,1-177 KYes ❑No <br /> If yes,attach a copy of the alternative deduction schedule to this form. <br /> We have also reviewed the inrormalion contained in the statement of benefits and find that the estimates and expeclations are reasonable and have <br /> determined that the totality of benefits is sufficient to Justify the deduction described above. <br /> Approved( d titre of authorized member ofdeslgnating body) Telephone number Date signed(month,day.year) <br /> Atlesled by(signature and title of attester) Designated body r <br /> YAwv,� Jt( VL <br /> `If the d ignating 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 or years designated under iC 6-1.1-12.1-4. <br /> A. For residentially distressed areas,the deduction period may not exceed five(6)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 len(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 i �_ <br /> PYH 3E NO IN <br />