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(4) The other benefits about which information was <br /> requested are benefits that can be reasonably expected <br /> to result from the proposed Redevelopment; and <br /> <br /> (5) The totality of benefits is sufficient to justify the <br /> <br /> granting of real property tax deductions to the <br /> Applicant pursuant to IC 6-1.1-12.1-3. <br /> <br /> BE IT ALSO RESOLVED, that, based on the information in the <br />Application describing the Project, the Council makes the <br /> <br />following findings: <br /> <br /> (1) <br /> <br /> BE <br /> <br />an "Economic Revitalization Area" pursuant <br /> <br /> The estimate of the cost of the Equipment is reasonable <br /> for equipment of that type; <br /> <br />(2) The estimate of the number of individuals who will be <br /> employed can be reasonably expected to result from the <br /> installation of the Equipment; <br /> <br />(3) The estimate of the annual salaries of those <br /> individuals who will be employed can be reasonably <br /> expected to result from the proposed installation of <br /> the Equipment; <br /> <br />{4) The other benefits about which information was <br /> requested are benefits that can be reasonably expected <br /> to result from the proposed installations of the <br /> equipment; and, <br /> <br /> (5) The totality of benefits is sufficient to justify the <br /> granting of personal property tax deductions to the <br /> Applicant pursuant to IC 6-1.1-12.4.5. <br /> IT ALSO RESOLVED, that the Area is hereby declared to be <br /> to IC 6-1.1-12.1. <br /> <br /> <br />