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purposes of tax abatement. Such designation is for Real property tax abatement only and <br />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 Real property tax deduction for a period of eight (8) years, <br />and finther determines that the petition, the Memorandum of Agreement between the <br />Petitioner and the City of South Bend, and the Statement of Benefits comply with <br />Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code <br />6- 1.1 -I2 e" se q. <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 />ADOPTED. � <br />Member of the Common Couniq <br />€t4 E 'iA <br />R` S' In Gluk' a Offlice <br />A 9 1 1 2011 <br />JOIN V001RDE <br />CITY C [ia '. .'.k € � rnS IN. <br />