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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 sec <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 />~ .~ <br />D <br />Member of th ommon Council <br />PRESENTED l `8-~8~ <br />NOT APPROVED <br />ADOPTED C(,-~ d~ <br />Filc~r~ (l~ ~E~r~~'~ C,3~fiCe <br />AUG 1 ? 2008 <br />J0;~~1 VC7R^F <br />CITYCLE K, S0. ~3E°!~, IN. <br />