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NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area <br />described herein as an Economic Revitalization Area for the purposes of tax abatement. Such <br />designation is for Real property tax abatement only and is limited to two (2) calendar years from the <br />date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is qualified for and is <br />granted Real property tax deduction for a period of ten (10) years, and further determines that the <br />petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and <br />Indiana Code 6- 1.1 -12 et sea. <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approved by the Mayor. <br />PRESENTED <br />NOT APPROVED <br />ADOPTED \ O ^ \ \AI <br />2 <br />c� <br />Member of the Common Council <br />Flied In Clerk's 0fllC9 <br />F EP 2 0 1999 <br />LONnAJ. DUDA <br />CITYCW K, BO. BEND, IN, <br />