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property owner has "made reasonable efforts to substantially comply with the statement of <br />benefits and whether any failure to substantially comply was caused by factors beyond the <br />control of the property owner ". <br />(a) The Council believes that the granting of a request for real and/or personal property <br />tax abatement under the terms and conditions of this article and the memorandum of agreement <br />constitutes a contractual arrangement between the Council and the property owner granted the <br />abatement. <br />(d) A petitioner who complies with section 2- 84.13, but fails to provide satisfactory <br />evidence as to why it has not fulfilled the obligations set forth in the memorandum of agreement <br />and the petitioner's related documents used by the Council when granting the abatement, <br />shall be required to pay the tax abated to -date attributed to the unfulfilled <br />obligations and may be fined in the minimum amount of two hundred fifty dollars ($250.00) to a <br />maximum amount of two thousand five hundred dollars ($2,500.00) for each such failure to <br />perform. <br />Section 111. Chapter 2, Article 6, 2 -84.16 is hereby amended to read as follows: <br />Sec. 2- 84.16. Review of tax abatement procedures by Council. <br />(a) In calendar years ending with an even number, the Council shall review its tax <br />abatement procedures set forth in this article. Annually the Council shall review benefit <br />categories in this article in order to determine if there are pressing needs of the community <br />that should be addressed. <br />(b) The review shall be conducted by the Council's Community and Economic <br />Development Committee with a report of its findings being presented to the full Council on or <br />before October 1 of such years. <br />(c) Nothing in this section prohibits a more frequent review of such procedures. <br />Section 14.1V This Ordinance shall be in full force and effect from and after its adoption by the <br />Common Council, approval by the Mayor, and any publication required by law. <br />Attest: <br />City Clerk <br />32 <br />Member, South Bend Comm, <br />on Council <br />