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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, 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 seq. <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 /> / .1 <br /> ..itt Member of e Common Council <br /> Filed In C, office <br /> NOV z 2012 I <br /> PRESENTED l l-2,b -1 L CITY CLERK . FE. <br /> -�3 h BEND,IN <br /> NOT APPRO VE>; <br /> rNDOPTCn l '-L- <br />