Laserfiche WebLink
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 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 (7) seven 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 />Member of the Common Co ncil <br />Signing cf this bi!I is cn!'r t., pr:~:i~1e . <br />an opportunity for public I:~~~{~ing and <br />Council action on ih~s issue. <br />I'Kc~~~iTrD 0 `~ ~' v(/ <br />NOT APPROVED <br />~il~d in G{~i`k's Ofifice <br />APR 2 ~ 2007 <br />}~/ /~JOrH^N(VpO^OR[~DE ^ 7 <br />CI I f V~6Clil~ .7 V. LL~~~Vf I~. <br />ADOPTED <br />