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F. The deduction will not be allowed unless the dwelling rehabilitation is completed <br />within five (5) calendar years from the date of the adoption of this Resolution by the <br />Common Council. <br />SECTION IV. The Common Council hereby confums its Declaratory Resolution designating <br />the area described herein as a Residentially Distressed Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to five (5) calendar years <br />from the date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION V. The Common Council hereby determines that the property owner is qualified for <br />and is granted Real property tax deduction for a period of five (5) years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South <br />Bend and Indiana Code 6-1.1-12.1 et se . <br />SECTION VI. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approval by the Mayor. <br />'~ OL ~~~ ~~~° <br />Member of the Common Co~~il <br />~,~P, ~t e.:a :: fii.: <br />+..~ <br />FK~SEP;TE~J ~O~ l1.-v <br />hQT AFPPO.`•==~~ <br />9`${~~ fiat ~.~i~~~'~..9 <br />SEP 1 8 2GQ9 <br />~5~44{~i tj~~Fr ~:~~,. <br />~GOPT~~? _,~,.~ <br />