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SECTION IV. The Common Council hereby confirms its Declaratory Resolution designating <br />the area described herein as a Residentially Distressed Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to five (5) calendar years <br />commencing from November 12 2008 or the date of the adoption of the Declaratory Resolution <br />by the Common Council whichever date is later. <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, and fitrther determines <br />that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South <br />Bend and Indiana Code 6 -1.1 -12.1 et sea. <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 />V ^T AF1 - 0 Mfr.:'.:. <br />Member of the Common Co cil <br />l.. ;. �'; °.? ✓i ?`a iitj fa 17 =.;";i :'a3 3 Stu f and <br />ili s�S+J utii L{ 'v` f�:.fi 161 and <br />Cound acuo>I on wo- lwof �. <br />Filed i n Clerk's { <br />j C z3�013 . <br />Joni <br />CITY CLERK, isOU ti SEND, IN <br />