Laserfiche WebLink
e- ICU, .�i <br />We find that the applicant meets the general standards in the resolution adopted or to be adopted by this body. Said resolution, passed or to be passed <br />under IC 6.1.1 -12.1, provides for the following limitations: <br />A. The designated epee has been limited to a period of time not to exceed calendar years* (see below). The date this designation <br />expires to <br />S. The tyPe of deduction that is allowed In the designated 'area is limited to: <br />1. Redeveiopment or rehabilitation of real estate improvements 11 Yes ❑ No <br />2. Residentially distressed areas' ❑ Yes ® No <br />C. The amount of the deduction applicable Is limited to $ <br />D. Other limitations or conditions (specify) <br />>_. The deduction is allowed for years* (see below), <br />F Did the designating body adopt an alternative deduction schedule per IC 6 -1.1 -12.1 -177 CI Yes ❑ No <br />If yes, attach a copy of the alternative deduction schedule to this form, <br />We have also reviewed the information contained in the statement of beneilis and find that the estimates and expecldtions are reasonable and have <br />determined that the totality of benefits is sufficlent to Jusllfy the deducti(rh described above. <br />Approved ( signarure and N11e ofauthorhed member ofdeslgne!!!�Deslqnated Telephone number <br />Date Signed (idonlh; day, year) <br />Attested by (signature and fille of etlestv6 body <br />* if the designating body limits the time period during Which an area is an economic revitalization area, it does not limit lie length of time a taxpayer is <br />entitled io receive a deduction lo a number of years designated under IC <br />A. For residentially distressed areas, the deduction period may not exceed five (5) years. <br />B. For redevelopment and rehabilitation or real estate improvements: <br />1. if the Economic Revltallzatlon Area was designated prior io July 1, 2000, the deduction period Is limited to three (3), six (6), or ten (10) years. <br />2. If the Economic Revitalization Area was designated 'after June 30, 2000, and is not in a residentially distressed area, the deduction period may not <br />exceed ten (10) years. <br />Page 2 of 2 <br />