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sufficient to justify the deduction granted under Indiana Code § 6-1.1-12.1-3. <br /> SECTION IV. The Common Council hereby accepts the report and recommendation of <br /> the Community and Economic Development Committee that the area herein described be <br /> designated as an Economic Revitalization Area and hereby adopts a Resolution <br /> designating this area as an Economic Revitalization Area for purposes of real property <br /> tax abatement. <br /> SECTION V. The designation as an Economic Revitalization Area shall be limited to <br /> two (2) calendar years from the date of the adoption of this Resolution by the Common <br /> CounciL <br /> SECTION VI. The Common Council hereby determines that the property owner is <br /> qualified for and is granted property tax deduction for a period of up to six(6) years. <br /> SECTION VII. The Common Council directs the City Clerk to cause notice of the <br /> adoption of this Declaratory Resolution for Real Property Tax Abatement to be published <br /> pursuant to Indiana Code § 5-3-1 and Indiana Code § 6-1.1-12.1-2.5, said publication <br /> providing notice of the public hearing before the Common Council on the proposed <br /> confirming of said declaration. <br /> SECTION VIII. This Resolution shall be in full force effe t from and after its <br /> adoption by the Common Council and approval by t r. <br /> , <br /> e f e Common Council <br /> Filec9 i� �i��°�g';:� ����� <br /> _� ���:::�..:� <br /> r��,�l� 1 i ��i T <br /> pRESENTED .�� <br /> ���I <br /> y0T APPitOVEI� <br /> 2 CITY�1���K��GU �3��d�,I(+3 <br /> ,��—I,l <br /> ADOPT�� �,-r <br />