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and is granted property tax deduction for a period of five (5) years as shown by the schedule <br />outlined below as well as the attachment pursuant to Indiana Code 6-1.1-12.1-17. <br />Year 1 - 100% <br />Year 2 - 100% <br />Year 3 - 100% <br />Year 4 - 100% <br />Year 5 - 100% <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of <br />this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana <br />Code § 5- 3-1 and Indiana Code § 6-1.1-12.1-2.5, said publication providing notice of the public <br />hearing before the Common Council on the proposed confirming of said declaration. <br />SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approval by the Mayor. <br />Tim Scott, Council President <br />South Bend Common Council