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WHEREAS,the Petitioner has requested an additional period of time to complete <br /> construction of the planned project. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br /> Bend, Indiana, as follows: <br /> SECTION I. The Common Council hereby confirms its Confirming Resolution <br /> designating the area described herein as an Economic Revitalization Area for the <br /> purposes of tax abatement. Such designation is for residential property tax abatement <br /> only and is now limited to six (6) calendar years from the date of adoption of the <br /> Declaratory Resolution by the Common Council. <br /> SECTION II. The Common Council hereby determines that the property owner is <br /> qualified for and is granted residential property tax deduction for a period of five (5) <br /> years. <br /> SECTION III. 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 /> � � ` <br /> . <br /> Member of the Common Council <br /> F11ed in �l���°��;�� '����� <br /> � <br /> � <br /> PP.ESC•NTED �—1 L�I( S�� j J ��I � � <br /> NCaT. APi��OVC�� ? <br /> JO�I������1� � <br /> ?►QOP..T�d C�_.,,lZ-�,� CIR`1f�L�R6f,5�1��`Fi�?����;,��� � <br /> � �, <br />