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SECTION IV. The Common Council determines that such designation is for personal property <br />tax abatement only and shall be limited to two (2) calendar years from the date of the adoption of <br />this Resolution by the Common Council. <br />SECTION V. The Common Council hereby determines that the property owner is qualified for <br />and is granted property tax deduction for a period of five (5) years. <br />SECTION VI. The Common Council directs the City Clerk to cause notice of the adoption of <br />this Declaratory Resolution for Personal Property Tax Abatement to be published pursuant to <br />Indiana Code 5-3-1, said publication providing notice of the public hearing before the Common <br />Council on the proposed confirming of said declaration. <br />SECTION VII. This Resolution shall be in full force and effect from and after its adoption by <br />the Common Council and approval by the Mayor. <br />c <br />~.-~--, <br />Member of the C on Council <br />VRcSENTEC `~'Z(p`0~ <br />Filcd In ~ter~'~ plfice <br />~11N 2 ~ 2006 <br />yoHtivooR,E <br />crtr c~-a~x, so. ae~ao, t~. <br />NOT APPROVED <br />ADOPTED ~ -Z~o ~~SO 3 <br />