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We have reviewed our prior actions relating to the designation of this economic revitalization area and find #hat the applicant meets the <br />general standards adopted in fhe resolution previously approved by this body. Said resolution, passed under IC 6-1.1-12.1-2.5, pro- <br />vides for the following limitations as 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 below). The date this <br />designation 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; ^ Yes ^ N o <br />2. lnstallafion of new manufacturing equipment; ^ Yes ^ N o <br />3. installation of new research and development equipment; D Yes ^ N o <br />4. Residentially distressed areas D Yes ^ N o <br />C .The amount of deduction applicable for redevelopment or rehabilitation is limited to $ ~ cost with an assessed <br />value of $ <br />D .The amount of deduction applicable to new manufacturing equipment is limited to $ _~ _ _ cost with an assessed <br />value of $ <br />E. The amount of deduction applicable to new research and development equipment is limited to $ - _, cost with <br />an assessed value of $ <br />F. Other limitations or conditions (specify) <br />Also we have reviewed fhe information contained in the statement of benefits and find that the estimates and expectations are reason- <br />ableand have determined that the totality of benefits is sufficient to justify the deduction described above. <br />Approved: {signature and title of authorized member). Telephone number Date s9gned (month, day, year) <br />.. ( , <br />Attested by: Designated body <br />" If the designating body limits the time period during which an area is an economic revitil'ization area, it does not limit the Length of time <br />a taxpayer is entitled to receive a deduction to a number of years designated under IC6-1.1-12.'1-4 or 4.5 <br />