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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 <br />limited to two (2) calendar years from the date of adoption of <br />the 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 <br />deduction for a period of six (6) years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the <br />Municipal Code of the City of South Bend and Indiana Code 6 -1.1- <br />12 et seg. <br />SECTION III. This Resolution shall be in full force and effect <br />from and after its adoption by the Common Council and approved by <br />the Mayor. <br />Member of the C mo Council <br />PRESENTED <br />y \Zv�oo APR 0 5 2000 <br />NOT APPROVED <br />ADOPTED '�\- \\0-0 <br />