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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 dale 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; H3 Yes 93 N o <br />2. Installation of new research and development equipment; IM Yes U N o <br />3: installation of new logistical distribution equipment. _ U Ye s C N o <br />4. Installation of new information technology equipment; 97Ye s []No <br />C. The amount of deduction applicable to new manufacturing equipment is limited to $ <br />D. The amount of deduction applicable to new research and development equipment is limited to $ <br />E . The amount of deduction applicable to new logistical distribution equipment is limited to $ <br />F. The amount of deduction applicable to new information technology equipment is limited to $ <br />G. Other limitations or conditions (spec'fy) <br />cost with an assessed value of <br />cost with an assessed value of <br />cost with an assessed value of <br />cost with an assessed value of <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 />0 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 />113 years ❑ 8 years <br />4 years ❑ 9 years <br />a 5 years '* ❑ 10 years- <br />13 <br />I. Did the designating body adopt an alternative deduction schedule per IC 6 -1.1- 12.1 -17? m Yes No <br />If yes, attach a copy of the alternative deduction schedule to this form. <br />Also we have reviewed the information contained in the statement of benefits and rind 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) Telephone number Date signed (month, day, year) <br />Attested 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 />Page 2 of 2 <br />