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WHEREAS, the Petitioner has requested an additional period of time to complete <br /> construction of the planned project. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br /> Bend, Indiana, as follows: <br /> SECTION I. The Common Council hereby confirms its Confirming Resolution designating the <br /> area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br /> Such designation is for residential property tax abatement only and is now limited to six (6) <br /> calendar years from the date of adoption of the Declaratory Resolution by the Common Council. <br /> SECTION II. The Common Council hereby determines that the property owner is qualified for <br /> and is granted residential property tax deduction for a period of five (5) years. <br /> SECTION III. 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 /> Member of the Common Council <br /> p: Y:'' I-�y„f 4.5 vi�`.�� nf?7 <br /> c;a." :St k`.',� & E : ,, �3 hea'.1 slid <br /> co jld action oil ft ISS N <br /> 'filcla <br /> 9 <br /> LF11 <br /> CITY°0 14w E SEND, <br /> ,f� <br /> 2 <br />