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area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to two (2) calendar years <br />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 Real property tax deduction for up to 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, the <br />Memorandum of Agreement between the Petitioner and the City of South Bend, and the <br />Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of <br />South Bend and Indiana Code 6- 1.1 -12 et seq. <br />SECTION III. This Resolution shall be in full foi <br />Common Council and approved by the Mayor. <br />1'_-�y <br />YRESEt�TElS �'l <br />NOT APPROYEd <br />ADOPTED (� 4 l <br />by the <br />Filed in Clerws <br />EM +R i i TU14 j <br />J ®heF •%18;3' 3e <br />CITY CI Bplt 50UTN SEK IN f <br />