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SECTION VII. The Common Council hereby determines that the annual amount for <br />which similar buildings in the county were leased or rented or offered for lease or rent <br />during the period the eligible vacant building was unoccupied is approximately in the <br />amount of $142,500. <br />SECTION VIII. The Common Council directs the City Clerk to cause notice of the adoption of <br />this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana <br />Code § 5 -3 -1 and Indiana Code § 6- 1.1- 12.1 -2.5, said publication providing notice of the public <br />hearing before the Common Council on the proposed confirming of said declaration. <br />SECTION IV. This Resolution shall be in full force and effect fr nd after its adoption by <br />the Common Council and approval by the Mayor. <br />of the <br />Hod in-Cleek�' <br />PRESENTED ) OR <br />NOT. APPROYPtq'� <br />JQt <br />`l <br />sDOPTEp sY C�„I l (� CITY CLEF4 <br />