18-67 South Bend Ethanol, LLC Confirming Tax Abatement

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We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the applicant meets the general standards adopted in the resolution previously approved by this body. Said resolution,passed under IC 61.1-12.1-2.6,provides for the following limitations as i!1 authorized under IC 6-1.1-12.1-2. A,The designated area has bean limited to a period of lime not to exceed calendar years"(see below). The dale this designation expires is . NOTA This question addresses whetherthe resolution contains en expiration date for the designated area. • B.The type of deduction that Is allowed In the designated area Is limited to: 1.installation of new manufacturing equipment; El Yes Abatement❑N a ❑ Enhanced per IC 6-1.1.72.1•i8 2,installation of new research and development equipment; ❑Yes ❑N a Check anbox II an enhanced per abatement was 3.Installation of new logistical distdbutlon equipment. ❑Yes ❑No approved!or one armors of these types. 4,installation of new Information technology equipment; ❑Yes ❑No C-The amount of deduction applicable to new manufacturing equipment is limited to$ cost with an assessed value of $ . (One or bath lines maybe filled out to establish a limit,if desired.) D.The amount of deduction applicable to new research and development equipment 1s limited to$ cost with an assessed value of $ , (one or both lines maybe filled out to establish a limit If desired.) E.The amount of deduction appiicable to new logisticaidlstdbutton equipment is limited to$ cost with an assessed value of $ . (One orboth lines maybe filled out fo establish a limit,lfdesired.) F. The amount of deduction applicable to new information technology equipment is limited to$ coat with an assessed value of $ . (One or both lines maybe filled out to establish a limit,If desired.) G.Other limitations or conditions(speolfy) H.The deduction for new manufacturing equipment andior new research and development equipment and/or new logistical distribution equipment and/or new Information technology equipment installed and first claimed eligible for deduction Is allowed for: []Enhanced Abatement per IC 6-1.1-12.1-1 a 0 Year 1 Q Year 2 0 Year 3 El Year 4 ❑Year 0 Number of years approved: El Year 6 El Year 7 El Year 8 ❑ Year 9 ❑ Year 10 tater to nty twenty() CB��years;may not 1. For a Statement of Benefits eppmved anerJune 30,2013,did this designating body adopt an abatement schedule per IC 6-1.1-12.1-177 [(Yes El No If yes,attache copy of the ebatementscheduie to this form. If no,the designating body Is required to establish an abatement schedule before the deduction can be determined: Aieo we have reviewed the Information contained in the statement of benefits end find that the estimates and expectations are reasonable and have determined that the totality of benefits is sufficient to Justify the deduction daaoribed above, Approved by:(signature end Ma oreulhol zedmemberofdeal:mating body) Telephone number Date signed(month,day,year) ( ) ----- p s Printed name or authorized member of designating body Name ordosignaling body Attested by:(signature and Nile of attester) Printed name of attester "If the designating body fimils the time period during which an area is an economic revitalization area,that limitation does not Ilmlt the length of lime a taxpayer Is entitled to receive a deduction to a number of years that is less than the number of years designated under IC 6.1.1-12.1-17. r F IC 64.142,4-17 Abatement schedules Sec.17.(a)Adestgnaling body may provide to a business that la established in er relocated to a revitalization area and that receives a deduction under section 4 or 4.5 of this chapter an abatement schedule based on the following factors: (1)The total amount of the taxpayer's investment In real end personal property, (2)The number of new full-lime equivalent Jobs created. (3)The average wage of the new employees compared to the state minimum wage. (4)Tho infrastructure requirements for the taxpayer's Investment (b)This subsectionapplies to a statement of benefits approved after June 30,2013.AdesignalIng body shall establish an abatement schedule for each deduction [[ allowed under this chapter.An abatement schedule must specify the percentage amount of the deduction for each year of the deduction.An abatement schedule may not exceed ten(10)years. (c)An abatement schedule approved for a particular taxpayer before July 1,2013,remains in effect until the abatement schedule expires under the terms of the resolution approving the taxpayer's statement of benefits, Page 2 of 2 ( � 1 4