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confirming resolution to modify, confirm or rescind this Declaratory Resolution and authorize the <br /> execution of the Agreement by the Mayor and the Clerk, for an on behalf of the City, granting the <br /> property tax exemption authorized under the Act for the Qualified Property. <br /> SECTION IV. This Resolution shall be in full force and effect from and after its <br /> adoption by the Common Council and approval by the Mayor. <br /> Member of the Common. Council <br /> BDDB01 65465180 - 3 - <br />