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We have reviewed our prior actions relating to the designation of this economic revitalization Brea and 8nd that lha 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 iha following limitations as <br />authorized under IC 6-1.1-12.1-2. <br />A .The designated area has Veen 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 Vimlled to: <br />1. Installation of new manufacturing equipment; ^Yes ^ N o <br />2. Installation of new research and development equipment; ^Yes ^ N o <br />3. Installation of new logistical distribution equipment. ^Yes ^ N o <br />4. Inutallation of new information technology equipment; ^Yes ~ N o <br />C. The amount of deducilon applicable to new manufacturing equipment is limited to $ cost with an assessed value of <br />D. The amount of deduction applicable to new research and development equipment is limited to $ ____ __ cost <br />with an assessed value of $ ____________ ___. <br />E .The amount of deducilon applicable to new logistical distribution equipment is limited to 3 cost with an assessed value of <br />F. The amount of deduction appllcabe to new Information technology equipment is limited to $ cost with an assessed value of <br />G. Other limitations or condit'ans (speciy) <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 ERlis established prior to July 1, 2000, only a <br />^2 years ^7 years 5 or 10 year schedule may be deducted. <br />^3years ^8years <br />^4 years ^9 years <br />^5years" []10yeers" <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 />,pproved: (signarure and Utle oI authorized member) Telephone numtx>r Dato slgnad (month, day, year) <br />Attested by: <br />Designated body <br />• If the designating body limits the time period during which an area Is an economic revitalization area, It does not Ilmit the length of time a taxpayer is <br />entitled to receive a deduction to a number of years designated under IC 6-1.1-12.1-0.5 <br />