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We have reviewed our prior actions retating to the designation of this economic revitalization area and find that the applicant meets the general standards <br />adopted in the resolution previously approved by this body. Said resolution, passed under IC 6 -1.1- 12.1.2.5, provides for the following limitations as <br />authorized under IC 6-1.1- 12.1 -2. <br />A. The designated aresi teas been limited to a period of time not to exceed 2, calendar years' (see below). The date this designation expires <br />Is— L_L`( —Z�Of3 <br />B , The type of deduction that is allowed in the designated area is limited to: <br />1. Installation of new manufacturing equipment; Yes ❑ N o <br />2. Installation of new research and development equipment; XYe s fNo 0 <br />-3. Installation of new logistical distribution equipment.' FO-1 1 Yes o <br />4. Installation of new information technology equipment; ❑Yes rr 77 <br />C. The amount of deduction applicable to new manufacturing equipment is limited to $ _. N �1. 41 1t cost with an assessed value of <br />D. The amount of deduction applicable to new research and development equipment Is limited to $ <br />cost <br />with an assessed value of $ �` <br />E . The amount of deduction applicable to new logistical distribution equipment is limited to $ i <br />cost with an assessed value of <br />F. The amount of deduction applicable to new information technology equipment Is limited to $ <br />_ cost with an assessed value of <br />C, Other limitations or conditions (specM. <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 />❑ 1 year 06 years "• For ERA's established prior to July 1, 2000, only a <br />02 years 07 years 5 or 10 year schedule may be deducted. <br />03 years 0 years <br />04 years ❑ 9 years <br />* years " ❑ 10 years •' <br />k1so we have reviewed the information contained in the statement of benefits and find that the estimates and expectations are reasonable and have <br />leterminekthat the totality of benelits Is s�ficient to justifyVe deduction described above. <br />Telephone number Date signed (month, day, year) <br />L,}f- <br />I n I De��gnated body - _- <br />I 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 />a deduction to a number of years designated under IC 6 -1.1- 12.1.4.5 <br />