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.~ <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 Personal property tax abatement only <br />and 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 Personal Property tax deduction for a period of five (5) years, <br />and further determines that the petition complies with Chapter 2, Article 6, of the <br />Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et seg. <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 />i ~ ~-~, ~ ~ ~~1. ~1 q~- <br />Member o e Common Co cil <br />PRESENTED c,~ ~ ~-o ~ <br />SdOT APPROYEII~ <br />ADOPTED <br />~IT~~ ail ~~~f~6'~ ~ffiCL <br />AJAR - 6 2008 <br />J^f~i'rl V~CR~3~ <br />CITY Cf.E,~~~, a~?. EE~D, lAl. <br />