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WHEREAS, notice of the adoption of a Declaratory Resolution and the public ' <br /> hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; <br /> and <br /> WHEREAS, the Council held a public hearing for the purposes of hearing all <br /> remonstrances and objections from interested persons; and <br /> WHEREAS, the Council has determined that the qualifications for an economic <br /> revitalization area have been met. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br /> South Bend, Indiana, as follows: <br /> 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 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 six (_6� years, <br /> and further 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 /> 6-1.1-12 et sea. <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 /> em er o the Common Council <br /> --------___. <br /> Fii�t� i� .�°���gf�� Offic� <br /> ,,;� - _ ,,.. . <br /> U l.-1� •`J 4' 6 V I f <br /> YRESEN7Ep ��f=� , _--____,-�,,,._..�.,�,,,� <br /> CITYCl.0�;�� .� `t'�.�:•k <br /> NOT, APPROYE� � •:r►� ���;g�. aa, . <br /> �.�w.._..�..,�..._.__ �, <br /> '/1DOPTEq.i��.�,�l , <br />