Confirming Tax Abatement - Steel Warehouse Co. Inc. 515 W. Ireland Rd. (5 Year Personal Property)

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NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for personal property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted personal property tax deduction for a period of five (5) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et M. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. SBDS02 PXF 185770 -3- PRESENTED N01 APPROVED ADOPTED \ o - l \' `1 1 Member of the Common Council Red in Clerk's office [SEP M 1999 LORMAJ. DUDA CITY CLERK, BC. BEND, IN.