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tNe, have reviewed our, p fbt actions relating to the depidnatigh of this economic Cevitalizatidn area and find that the applicant meets the, general standards <br />adopted in the resolution -Previously approyed by this body. Sald resolution, passed under'IC tr1.1- 12.1 =2.5, provides for the following limitafiohs as <br />•ailttioft6d dnder IG 6 1.9121:2. <br />A : The designated a:ea has been limited tb a peridd of time riot td exceed calendar.yeaiv ` (see below). The date this disighatipn.ekpires <br />is <br />B.: The type of deductiofr'that is allowed in the designated ante is Umited to: <br />Yes <br />C1 N o' <br />1. in §taliatiotr of p»w riianuFacturing isgttiptneilt; <br />2, inbtaliatfioh of hpW t'esearcti qil itavelop)rtent equipfitent; <br />.13 Ye's <br />N o' <br />3. Installation of bow logistical distiibutiori egWpmerif <br />m Yes <br />b N o <br />4: Iist IMU n of new inf6tMaitidh technology equipment; <br />ClYe e <br />N e <br />l;: The 'smouiit of tiedtictiotl applicsbl'e to pew Jnanufacturing equipment Js limited to.$ co'sf dvith all assessed value of <br />$ <br />D. The-arhount bf deduction applicable to hew'reseatch and.developmeht equipment is iimited to $ cost with ail assessed value of <br />E . The amount of deduction applicable tb new ingistioal distrldtilion equipment is limited to $ cost witty an assessdd value of <br />R. ?he amount _of deduction applicable to hew information techri6lbgy equipment is limited to $ c6st v, th air assessed value of <br />G Other limitations'or conditions (apec!!y) <br />H, The d6ddctift for new mahUfaiitUring equipment and/or new research and develbpfneht equipment and /or new 16&U01 dish tition equipment and /or <br />hew infodhstioh tedhhology•equipment Installed and first claimed eligible for deduction on or after July 1.. 2000, W allowed for <br />I[] 1 -year 0 6.years •* For ERA's established prior to Joly 1, 2000, only a <br />[] 2. years ❑ 1 years 5 or 10 year schedule may be deducled. <br />❑ '3 years El 4 years <br />Q4 years ❑ 8 years <br />U $ Years 0 10 years <br />I, Did thoApsignaling body sdopt-an altemaf ive deduction schedule per It 6-1.1- 12.1 -m i3 Yes 13 No <br />Byes, attaoh'a copy of the altemsttve deduction schedule to thwforro. <br />Also we have Wiewed the information c6nt6ined in the statement of baneftts and tied that #t ae.bsttmiites and expectations are ropsonabie and have <br />determined lh9i the tdtefity of bendfits is sufiiclaht to)ustify the.deduction descrlbed above. <br />Date itnea (monfh, day, year) <br />Desionaled body <br />* if thb d".1grraiing . body limifs..lhe time period during which art area js an economic reyitalizatron area, It does not Urhft the lenp of time a taxpayer is I <br />entitled fq receive a dedualjon td a number df years designated under IC 6- 1.1= 12.1 -4.5 <br />page L of 1 <br />