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WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <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 Declaratory Resolution designating the <br />area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for Personal Property tax abatement only and is limited to two (2) calendar <br />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 Personal Property tax deduction for a period of five (5) years, and further <br />determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the <br />City of South Bend and Indiana Code 6- 1.1 -12 et seq. See the attachment required pursuant to <br />Indiana Code 6- 1.1- 12.1 -17. <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approved by the Mayor. <br />PRIESENTED F - � L kl� <br />Rol APPRoVi <br />Member of the Common Council <br />Filed In C, t Office <br />AUG 12 2013 <br />CITY CLERK, SOUTH BEND, IN <br />