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NOW, THEREFORE, BE IT RESOLVED by the Common Council of the <br />City of South Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory <br />Resolution designating the area described herein as an Economic <br />Revitalization Area for the purposes of tax abatement. Such <br />designation is for Real property tax abatement only and is limited <br />to two (2) calendar years from the date of adoption of the <br />Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property <br />owner is qualified for and is granted Real property tax deduction <br />for a period of ten (10) years, and further determines that the <br />petition complies with Chapter 2, Article 6, of the Municipal Code <br />of the City of South Bend and Indiana Code 6- 1.1 -12 et sea. <br />SECTION III. <br />from and after <br />the Mayor. <br />PRESENTED 6-"-" <br />NoT APPROVED <br />ADOPTED 6 -Zb -ob <br />This Resolution shall be in full force and effect <br />its adoption by the Common Council and approved by <br />Member of the Co O Council <br />Flied In Clark's Office <br />EJUN5 :O:2000 <br />__] <br />LORETTAJ. DUDA <br />CRT CLERIC, SO. DEMD, IR. <br />