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SECTION VII. The Common Council hereby determines that the property owner is <br />qualified for and is granted property tax deduction for a period of five (5) years. <br />SECTION VIII. The Common Council directs the City Clerk to cause notice of the <br />adoption of this Declaratory Resolution for Real Property Tax Abatement to be published <br />pursuant to Indiana Code 5-3-1 and Indiana Code 6=1.1-12.1-2.5, said publication <br />providing notice of the public hearing before the Common Council on the proposed <br />confirming of said declaration. <br />SECTION IX. Pursuant to Indiana Code 6-1.1-12.1-2, the rehabilitation must meet all <br />local code standards for habitability as a specific condition of having such property <br />designated as a residentially distressed area. <br />SECTION X. This Resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approval by the Mayor. <br />Member of the Common Counc : ~ <br />r ~?, <br />jv('.g E`iT-3 Eiu'.t::if '~3`J Lli v' ~r'~ , <br />VV~ta~.Ei/ <br />PRESEN7Et7 ~ ~•.. \ Q" `~ ~i' <br />NOT. APPROV.E~. <br />~rd~~ 1~ E?~~~(~'~ lQ~f(~~ <br />N OV - 4 2008 <br />JJi~ItJ VQCRDE <br />CITY CLE:RI:, St}. 6END, lPJ. <br />/,DOP7E~ =' <br />