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SECTION 11. The Common Council hereby determines that the property owner is qualified for <br />and is granted personal property tax deduction for a period of five (5) years as shown by the <br />attachment pursuant to Indiana Code 6 -1.1- 12.1 -17 and further determines that the petition, the <br />Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement <br />of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend <br />and 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 ~l <br />E40.7. APPROVED <br />WDOPTEO VC(� t5 <br />Member of the Common Council <br />Filed in r" m6e <br />CIiS ^t i <br />ri ®END. IN <br />