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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 properly owner is <br />qualified for and is granted Personal property tax deduction for a period of (5) five 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 sec . <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 />~, <br />Member of the Common Council <br />PP.ESENTED vJ~~-lO <br />NRZ APPROVED <br />ADOPrEI~ -~° b ~~ ~{--~U <br />~i1~~ !il CCi~6" ~'~ ~f~w~e <br />P,1 AY - 3 2010 <br />JONP~ VQG?^E <br />c~rv c~~~r, sa. e"s~, tau. <br />