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Such designation is for Real property tax abatement only and is limited to five (5) calendar <br />years from the date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION V. The Common Council hereby determines that the property owner is qualified for <br />and is granted Real property tax deduction for a period of five (5) years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South <br />Bend and Indiana Code 6 -1.1 -12.1 et sea. <br />SECTION VI. This Resolution shall be in full force and effect from and after its adoption by <br />the Common Council and approval by the Mayor. <br />cer of Ae Co <br />03 <br />PRESENTED <br />NOT APPROVED <br />ADOPTED ? <br />Filed in Clerk's Office <br />JAN 2 1 2003 <br />LORETTA d. 04 1Dk <br />OTYCLERK, 60. BEND, K <br />