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                                                                                                           PRIVACY NOTICE 
            STATEMENT OF BENEFITS                                                                Any information concerning the cost of the           FORM 
            UTILITY DISTRIBUTABLE PROPERTY                                                       property  and  specific  salaries  paid  to   CF – 1 / UD 
            State Form 52448 (R4 / 3-23)                                                         individual  employees by the property 
            Prescribed by the Department of Local Government Finance                             owner is confidential per IC 6-1.1-12.1-5.1. 
INSTRUCTIONS: 
1. Property owners whose Statement of Benefits was approved must file this form with the local designating body to show the extent to which there has been
compliance with the Statement of Benefits. (IC 6-1.1-12.1-5.6)
2. This form must be filed with the Form UD-ERA between January 1 and May 15 of each year unless a filing extension under IC 6-1.1-3.7 has been granted. A
person who obtains a filing extension must file between January 1 and the extended due date of each year.
3. With the approval of the designating body, compliance information for multiple projects may be consolidated on one (1) compliance form (CF-1/UD).
SECTION 1                                                             TAXPAYER INFORMATION 
Name of Taxpayer                                                                 Name of Contact Person 

Address of Taxpayer  (number and street, city, state and ZIP code)               Email Address of Contact Person 

County                                                   Telephone Number                                   Fax Number 
                                                         (          )                                       (          ) 
SECTION 2                                                    LOCATION AND DESCRIPTION OF PROPERTY 
Name of Designating Body                                                                                                 Resolution Number 

Location of Property                                                             County                                  DLGF Taxing District Number 

Description of Manufacturing Equipment, Research Development Equipment, Logistical Distribution Equipment, or Information Technology Equipment (Use additional sheets, if necessary) 

SECTION 3                                                             EMPLOYEES AND SALARIES 
                                                                                             As Estimated on SB-1/UD                           Actual 
Current Number of Employees 
     Salaries 
Number of Employees Retained 
     Salaries 
Number of Additional Employees 
     Salaries 
SECTION 4                                                                        COST AND VALUES 
                                                     Manufacturing Equipment     Research & Development     Logistical Distribution            Information Technology 
                                                                                 Equipment                       Equipment                         Equipment 
AS ESTIMATED ON SB-1/UD                              Cost         Assessed Value Cost        Assessed Value Cost         Assessed Value        Cost   Assessed Value 
Values Before Project 
Plus: Values of Proposed Project 
Less: Values of Any Property Being Replaced 
Net Values Upon Completion of Project 
ACTUAL 
Values Before Project 
Plus: Values of Proposed Project 
Less: Values of Any Property Being Replaced 
Net Values Upon Completion of Project 
NOTE: The COST of the property is confidential pursuant to IC 6-1.1-12.1-5.6(c). 
SECTION 5                                WASTE CONVERTED AND OTHER BENEFITS PROMISED BY THE TAXPAYER 
                                                                                             As Estimated on SB-1/UD                           Actual 
Amount of Solid Waste Converted 
Amount of Hazardous Waste Converted 
Other Benefits: 

SECTION 6                                                             TAXPAYER CERTIFICATION 
I hereby certify that the representations in this statement are true. 
Signature of Authorized Representative                                           Title                                   Date Signed (month, day, year) 

Printed Name of Authorized Representative                                        Email Address                           Telephone Number 
                                                                                                                         (          ) 

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                                                            FOR USE BY THE DESIGNATING BODY 
INSTRUCTIONS (IC 6-1.1-12.1-5.9): 
1. Within forty-five (45) days after receipt of this form, the designating body may determine whether or not the property owner has substantially compiled
with the Statement of Benefits.
2. If the property owner is found NOT to be in compliance, the designating body shall send the property owner written notice. The notice must include the
reasons for the determination and the date, time ,          and place of a hearing to be conducted by the designating body. If a notice is mailed to a property
owner for new manufacturing equipment,research and development equipment,logistical distribution equipment or,        information technology equipment, a
copy of the written notice shall be sent to the Department of Local Government Finance.
3. Based on the information presented at the hearing, the designating body shall determine whether or not the property owner has made reasonable effort
to substantially comply with the Statement of Benefits and whether any failure to substantially comply was caused by factors beyond the control of the
property owner.
4. If the designating body determines that the property owner has NOT made reasonable effort to comply, then the designating body shall adopt a
resolution terminating the deduction. The designating body shall immediately mail a certified copy of the resolution to: (1) the property owner; (2) the
county auditor; and (3) the county  ssessor.a
We have reviewed the CF-1/UD and find that: 
The Property Owner  ISin Substantial Compliance
The Property Owner IS NOT in Substantial Compliance
Other (specify) ____________________________________________
Reasons for the Determination (attach additional sheets, if necessary) 

Approved By: (signature)                                                              Telephone Number                      Date Signed (month, day, year) 
                                                                                      (         )
Attested By:                                                                          Designating Body 

If the property owner is found not to be in substantial compliance, the property owner shall receive the opportunity for a hearing. The following date and 
time have been set aside for the purpose of considering compliance. 
Time of Hearing                       Date of Hearing (month, day, year)              Location of Hearing 
                 ☐ AM         ☐ PM

                                                 HEARING RESULTS (to be completed after the hearing) 
                                      ☐ Approved                                                          ☐ Denied (See Instruction 4 Above)
Reasons for the Determination (attach additional sheets, if necessary) 

Approved By: (signature)                                                              Telephone Number                      Date Signed (month, day, year) 
                                                                                      (         )
Attested By:                                                                          Designating Body 

                                                                APPEAL RIGHTS [IC 6-1.1-12.1-5.9(e)] 
A property owner whose deduction is denied by the designating body may appeal the designating body’s decision by filing a complaint in the office of the Clerk 
of the Circuit or Superior Court along with a bond conditioned to pay the costs of the appeal if the appeal is determined against the property owner. 

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