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the area described herein as an Economic Revitalization Area for the purposes of tax <br />abatement. Such designation is for Personal property tax abatement only and is limited to <br />two (2) calendar years from the date of adoption of the Declaratory Resolution by the <br />Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is qualified <br />for and is granted Personal property tax deduction for a period of five (5) years, and further <br />determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the <br />City of South Bend and Indiana Code 6- 1.1 -12 et sea. <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approved by the Mayor. <br />PRESENTED �.2-S -63 <br />NOT APPROVED <br />ADOPTED <br />7 a L - A11,0( <br />NfAiber of the Common ouncil <br />2 <br />Filed In ClerWs Office <br />=JIUL2 003 <br />LORETTAJ. DwA <br />CITY CLERK, BC. BEND, IN. <br />