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Wa have reviewed .our prioractions felatirtg to the designation of this economic revitalization area and fipd that the applicant meets the -general standards <br />adopted In the resolution previously approved by this body. Said resolution, passed under IC ti -h.1 -12.1 2.5, provides for the following limitations as <br />authorized under IC 8-1:1- 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 pew manufacturing equipment; 93 Yes ® N o <br />2. installation of new research and development equipment; 1 Yes 13 N o <br />3. Installation of new logistical• distribution equipment. ® Yes O.N o <br />4. Installation of new information technology equipment; lC]Ye s ❑ N o <br />C. The amount of deduction applicable to new manufacturing equipment is limited to $ <br />cost with an assessed value of <br />D. The amount of deduction applicable to new research and development equipment is limited to $ 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 to $ cost with an assessed value of <br />C% Other limitations or conditions (speclty) <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 />ID 1 year ❑ e years " For ERA's established prior to July 1, 2000, onix a <br />2 years ❑ 7 years 5 or 10 year schedule may be deducted. <br />El 3 years ❑ 8 years <br />❑ 4 years ❑ 9 years <br />[]I 5 years '* ❑ 10 years " <br />1. Did the designating body adopt an alternative deduction schedule per IC 6 -1.1- 12.1 -17? ED Yes EI 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 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 />Approvea: (signature ana rare or earnonzea memoeq Telephone nunffier 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 />