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a <br />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 Personal property tax abatement only <br />and 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 Personal property tax deduction for a period of five (5) years, <br />and further determines that the petition complies with Chapter 2, Article 6, of the <br />Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et seMc . <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 />PRESENTED l X-4 <br />NOT APPROVED <br />ADOPTED. <br />Member of fhe Common Couficil <br />yy y ) <br />f t3 <br />�[�Iw711Ld[i �ntt�dv.` vif fc.'J .�rsNP <br />Hed In Clare's Office <br />AUG 1 2 2008 <br />JG'r`ss! WORDS <br />CITY CLEr K, 5G'. SEW, IM. <br />