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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 Real property tax abatement only and <br />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 Real property tax deduction for a period of nine (9) years, and <br />further determines that the petition complies with Chapter 2, Article 6, of the Municipal <br />Code of the City of South Bend and Indiana Code 6- 1.1 -12 et seq. <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 ayor. <br />e ber of the Common 0ouncil <br />SBDS02 PFACCEMA 292650v2 <br />PRESENTED <br />S - z, "- <br />NOT APPROVED <br />ADOPTED S-z`t -o%A <br />Flied In Clerk's Office <br />I1W 1 7 2004 <br />