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WHEREAS, the Council issued a Confirmatory Resolution confirming <br />the adoption of the Declaratory Resolution as Resolution No. 2466 -97 on <br />June 9, 1997; and <br />WHEREAS, the Council issued a Re- Confirmatory Resolution <br />reconfirming the adoption of the Declaratory Resolution as Resolution No. <br />2751 -99 on June 14, 1999; and <br />WHEREAS, the Petitioner has now requested another additional period <br />of time to complete construction of the planned project. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of <br />the City of South Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby reconfirms its Declaratory <br />Resolution and its Confirmatory Resolution designating the area described <br />herein as an Economic Revitalization Area for the purposes of property tax <br />abatement. Such designation is for Real property tax abatement only and is <br />limited to three years and three months from the date of adoption of the <br />Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the <br />property owner is qualified for and is granted Real property tax deduction for <br />a period of three (3) years, and further determines that the petition complies <br />with Chapter 2, Article 6, of the Municipal Code of the City of South Bend <br />and Indiana Code 6 -1.1 -12.1 et sea. <br />SECTION III. This Resolution shall be in full force and effect from <br />and after its adoption by the Common Council and approved by the Mayor. <br />Member of the Comm n Council <br />H: \Wpdata \TAXABATE\Abates 2000 \CDT Resolution 02 2000.wpd <br />PRESENTED 2._L&-0a <br />NOT APPROVED <br />ADOPTED <br />Filed in Clerk's Office <br />FEB 2 3 2a0Q <br />LORETTAJ. DUDA <br />CITY CLEW, 80. BEND, IN <br />