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within one (1) calendar year from the date of the adoption of this Resolution by the <br />Common Council. <br />SECTION IV. The Common Council hereby reconfirms its Declaratory Resolution and its <br />Confirmatory Resolution designating the area described herein as a Residentially Distressed <br />Area for the purposes of tax abatement. Such designation is for Real property tax abatement <br />only and is limited to SIX (6) calendar years from the date of adoption of the Declaratory <br />Resolution by the Common Council. <br />SECTION V. The Common Council hereby determines that the property owner is qualified for <br />and is granted Real property tax deduction for a period of five (5) years as shown by the <br />attachment pursuant to Indiana Code 6 -1.1- 12.1 -17 and further determines that the petition <br />complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana <br />Code 6 -1.1 -12.1 et seq. <br />SECTION VI. 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 />r. I'd- 0 "47., ( �j <br />Member of the Common Counci <br />UrJlitivii G� �v %- C:IS <br />'i' I in3Z3.1 <br />C ""' � 1 n <br />tT8 "8'YG�LC 1 . >8;78SCrit�i'Prbp,88rC <br />