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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 <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 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 designation expires <br />is . <br />B .The type of deduction that is allowed in the designated area is limited to: ~ Ye s ^ N o <br />1. Installation of new manufacturing equipment; ~ Ye s ~ N o <br />2. Installation of new research and development equipment; ~ Ye s ^ N o <br />3. Installation of new logistical distribution equipment. ~ Ye s ~ N o <br />4. Installation of new information technology equipment; <br />cost with an assessed value of <br />C. The amount of deduction applicable to new manufacturing equipment is limited to $ <br />$ cost <br />D. The amount of deduction applicable to new research and development equipment is limited to __,__ <br />with an assessed value of $ __ ________~-• <br />cost with an assessed value of <br />E .The amount of deduction applicable to new logistical distribution equipment is limited to $ <br />$ ~ - _; <br />cost with an assessed value of _ <br />F. The amount of deduction applicable to new information technology equipment is limited io $ - , <br />G. Other limitations or conditions (specify) ' <br />H. 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, onl a <br />^2 years ^7 Years 5 or 10 year schedule may be deducted. <br />^3years ^8years <br />^ 4 years ^ 9 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 authorized member) <br />Attested by: <br />Telephone number Date signed (month, day, year) <br />Designated txx7y <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 />