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We have reviewed our prior actions relating to the des'b d hOSa'd hesolution pas ed underolC 6-1 1 12 1n provides forthe follow ng I'metations:l standards <br />adopted in the resolution previously approved by this Y <br />calendar years ' (see below). The date this designation <br />A. The designated area has been limited to a period of time not to exceed ~- <br />expires is <br />B: The type of deduction that is allowed•in the designated area is limited to: Yes ~ No <br />1. Redevelopment or rehabilitation of real estate improvements ~ Yes ~ No <br />2. Residentially distressed areas ~ Yes ^ No <br />3.Occupancy of a vacant building <br />C. The amount of the deduction applicable is limited to $ <br />D. Other limitations or conditions (specify) <br />ears' (see below). <br />E. The deduction is allowed for <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 totality of benefits is sufficient to justify the deduction described above. <br />Telephone number Date signed (month, day, year) <br />Approved (signature and title of authorized member of designating body) <br />Designated body <br />Attested by (signature and title of attester) <br />' If the designating body limits the time period during whicnated under IC 6 1 12 12.1-4 ta~ization area, it does not limit the length of time a taxpayer is <br />entitled to receive a deduction to a number of years des g <br />ears. <br />A. For residentially distressed areas, the deduction period may not exceed five (5) y <br />B. For redevelopment and rehabilitation or real estate improvements: ears. <br />1. If the Economic Revitalization Area was designated prior to July 1, 2000, the deduction period is limited to three (3), six (earsr ten (10) y <br />2. If the Economic Revitalization Area was designated after June 20, 2000, the deduction period may not exceed ten (10) y <br />C. For vacant buildings, the deduction period may not exceed two (2) years: <br />Page 2 of 2 <br />