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SECTION 1. 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 five (5) years, and <br /> 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._see . <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 /> Member of the Common Counci <br /> pp �1 i.2.ea i9�/- � Lt4�=,',•'eJ 4'7 d <br /> �v aF �:."a �,�.H"Mff.:� G��s,H �a <br /> Council&r%'-0.jj o n bms issue, <br /> JUL F49U in <br /> ZUIZ <br /> ��6dVF A�`A' '^www.avawc <br />