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SECTION V. The designation as an Economic Revitalization Area shall be limited to two <br />(2) calendar years from the date of the adoption of this Resolution by the Common Council. <br />SECTION VI. The Common Council hereby determines that the property owner is qualified <br />for and is granted property tax deduction for a period of three (3) years. <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption <br />of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to <br />Indiana Code 5 -3 -1 and Indiana Code 6 -1.1- 12.1 -2.5, said publication providing notice of the <br />public hearing before the Common Council on the proposed confirming of said declaration. <br />SECTION VIII. This Resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approval by the Mayor. <br />- I 3�e�iz� <br />Member of the Common Council <br />H:\WPDATAkTAXABATE\RESOLUT\NEVV\BREWl.WPD <br />PRESENTED 9 -X1g9 <br />NOT APPROVED <br />ADOPTED 94- U-9e A5 A mEnLDED <br />Filed in Clerk's Offics <br />3 <br />AUG 19 1898 <br />3 LORETTAJ. DUDA <br />CRY CLERK, SO. SEND. IN. <br />