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FO-Ri.USEfOF�,THEiDESIG.NATI,NG7aO <br />We Ovid that'the applident meets the general standards in the resolution adopted or to be adopted by this body. Said. resolulloA, passed.or to be passed <br />under IC 6T1.1-12A, provides for the jollowingllmitialons: <br />A. 'The designated area has been limited to a period oftiMp notlp exceed _.calendar years` {see below). the date this designation <br />expires is <br />B. The type of deduction that Is allowed In the designated afea is limited to., <br />11.- Redevelopment or iehlabjlitalloin of real estate Improvements 13 Yes ❑ No <br />2. Residentially distressed areas D Yes 13 No. <br />G. The amount of the deduction applicable is lirrilted to $ <br />D. -Other limitationsot conditions- (specify) <br />:E. The deduction is 411qweO for years' (see below). <br />F. Didth(e d6tjgnaffng.body 6d6pt an'giltdrriativii deduction schedUbk.per IC 61. 1-12.1-17? ❑ Yes DNo <br />ir yes, .:a6qh'a copy qfthe0tema live deduction schedule to this form.' <br />We hinki also reviewed the information contained In the stalbMant of benefits and firld th I the estimates and exp6diAlibns are reasonable and have <br />dele,rmindd that the 101alliVot opnollp Is dufficight.10 justify the deduction described above. <br />Approved (signature and Lille oferilhofized Member otdesignating body) <br />Telephone number <br />Date stoned (month. flay, year) <br />Attested by (signature and W10 ofottester) <br />Designated body <br />if the designating Body limits 140 time period during which.o.n. area is an economic revitalization area, `it does not limit the length of time a taxpayer is <br />entitled to receive a dedVcfion to a number of years designated under Id 6-1.1-12.1-4. <br />A.. P6T residentially distressed. ataiis.,the. deduction period may not exceed five (5) years. <br />B. For redevelopment and rehabilitation or real estate Improvements: <br />1. If the Rdridi-hic Revitalization Area was -deslgriat6d Prior to'July 1., 2000, the deduction oe�ddd is Urnit.ed to three (3), six (6), or ten (10) years. <br />2. if the Econ6mic Revitallialloh ArOi Wa6'0es1406led after June 30, 9000, and is not Ina residentially distressed area, the deduction period may not <br />exceed ten (10) years. <br />Page 2 of A' <br />