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SECTION I. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for the <br />purposes of tax abatement. Such designation is for Personal Property tax abatement only <br />and is limited to two (2) calendar years from the date of adoption of the Declaratory <br />Resolution by the Common Council <br />SECTION II. The Common Council hereby determines that the property owner is <br />qualified for and is granted Personal Property tax deduction for a period of five (5) years, <br />and further determines that the petition complies with Chapter 2, Article 6, of the <br />Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et seg. <br />SECTION III. This Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approved by the Mayor. <br />ember of the Common Council <br />~eFs+yN~c:~ ~ --- ~ ~ -l~ <br />~DOP7~'J ~-~ `-L C7 <br />Fi~~~ 6rt ~~,s r.'~ ~~~~€~~ <br />_..--~-- <br />~~~n <br />DECy<<~`~ <br />.,.,- <br />,!G'~?~ VGG;-sue lN. <br />