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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 a'ea has been Iimlled to a period of time not to exceed calendar years"(see below). The dale this designation <br /> expires l$ I�2�TZh��_. <br /> 8, The type of deduction that is allowed in the designated area is limited lo: <br /> 1.Redevelopment or rehabilitation of real estate improvements El No <br /> 2.Residentially distressed areas VIZ. <br /> ®No <br /> C. The amount of the deduction applicable is limited to$ n J 111 t l <br /> D. Other limitations or conditions(specify) <br /> E. The deduction Is allowed for �e Q r� ears <br /> y "(see below). <br /> F. Did the designating body adopt an alternative deduction schedule per IC 6-1.1-12,1-17? ❑Yes �No <br /> I <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 tolaiily of benefits is sufficient to justify the deductloh described above. <br /> Approved(s!gna1v4anpPf11e oraulhorized memb (.design ng bo Telephone number Dale si ned(Month,day,year) <br /> `{') 235"q2 5 3 2011p <br /> A sl (i d f ter) Designate body <br /> bt u SaU th aj, <br /> `If the design, ng bod II its 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 ded on tc 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 /> B. For redevelopment and rehabilitation or real estate improvements: <br /> 1. if the Economic Revitalization Area was designated prior 10 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 efter June 30,2000,and is not in a residentially distressed area,the deduction period may not <br /> exceed ten(10)years, <br /> j <br /> j <br /> i <br /> t <br /> F <br /> it <br /> 1 <br /> 1! <br /> {ik <br /> Page 2 of 2 F <br /> i <br />