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We have reviewed our prior actions relating to the designation of this economic revitalization area and find that the appficant meets the general standards <br /> adopted in the resolution previously approved by this body. Said resolution,passed under IC 6-1.1-12.1-2.5,provides for the following limitations as <br /> authorized under fC 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 designation expires <br /> is <br /> B.The type of deduction that is allowed in the designated area is limited to: <br /> 1. Installation of new manufacturing equipment; Oyes ❑N o <br /> 2. Installation of new research and development equipment; []Yes E]N o <br /> 3. Installation of new logistical distribution equipment. Dyes ❑N o <br /> 4, Installation of new information technology equipment; 0 Ye s []No <br /> C. The amount of deduction applicable to new manufacturing equipment is limited to $ cost with an assessed value of <br /> t). The amount of deduction appllcable to new research and development equipment is limited to $ -----.----------- <br /> cost <br /> with an assessed value of $ _-- ------------ <br /> E.The amount of deduction applicable to new logistical distribution equipment is limited to$ cost with an assessed value of <br /> $ <br /> F. The amount of deduction applicable to new information technology equipment is limited to$ cost with an assessed value of <br /> G, Other limitations or conditions(specify) <br /> R The deduction for new manufacturing equipment and/or new research and development equipment and/or new logistical distribution equipment and/or <br /> new information technology equipment installed and first claimed eligible for deduction on or after July 1,2000,is allowed for: <br /> ❑1 year ❑6 years "'For ERA's established prior to July 1,2000,only a <br /> ❑2 years ❑7 years 5 or 10 year schedule may be deducted. <br /> ED years 08 years <br /> C3 years 0 years <br /> ❑5 years" ❑10 years" <br /> Also we have 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 title of au(horfzed member) Telephone number Date signed{month,day,year) <br /> AStested by: Designated body <br /> "If the designating 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 6-1,1-12.1-4.5 <br />