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SECTION IV. The Common Council determines that such designation is <br />for personal property tax abatement only and shall be limited to two (2) <br />calendar years from the date of the adoption of this Resolution by the <br />Common Council. <br />SECTION V. The Common Council hereby determines that the property <br />owner is qualified for and is granted property tax deduction for a period of <br />five (5) years. <br />SECTION VI. The Common Council directs the City Clerk to cause notice of the <br />adoption of this Declaratory Resolution for Personal Property Tax Abatement to <br />be published pursuant to Indiana Code 5 -3 -1, said publication providing notice of <br />the public hearing before the Common Council on the proposed confirming of <br />said declaration. <br />SECTION VII. This Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approval by the Mayor. <br />PRESENTED I- I1,9 q <br />NOT APPROVED �` <br />ADOPTED /- II - l l (] <br />Member of the Common Council <br />Filed in Clerk's Office <br />JAN 6 - 1929 <br />1.011 AJ. DUDA <br />CRYOLERK, BO. BEND, IN <br />