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c. The estimate of the annual salaries of the individuals who will be <br />employed or whose employment .will be retained can be reasonably expected to result <br />from the proposed installation of new manufacturing equipment. <br />d. Any other benefits about which information was requested are benefits <br />that can be reasonably expected to result from proposed installation of new <br />manufacturing equipment. <br />e. The totality of the benefits is sufficient to justify the granting of the <br />requested deduction. <br />SECTION II. The Amended Statement of Benefits is hereby approved and the <br />installation of new manufacturing equipment and redevelopment of real property as <br />described therein are eligible for deductions from assessed value of the property as per <br />I.C. § 6-1.1-12.1-1 et seq. for a period of five (5) years. <br />SECTION III. Except to the extent amended as set forth herein, Resolution 3669-06 shall <br />continue in full force and effect. <br />SECTION IV. This Resolution shall be in full force and effect from and <br />after its adoption by the Common Council and approval by the Mayor. <br />r <br />-~ <br />Member of the C on Council <br />PRESENTED ~ 0 -l 3'~l <br />NOT /1PPROVEF~', <br />ADOPTED ~ - ~ 3 ' ~ 7 <br />Filed In Clerk's Office <br />JUN 2 8 2007 <br />JOHIJ VOORDE <br />CITY CLERK, S4.6E~dD, IN. <br />