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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 Six ( 6 ) 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 <br />to Indiana Code 5 -3 -1 and Indiana Code 6- 1.1- 12.1 -2.5, said publication providing notice <br />of the public hearing before the Common Council on the proposed confirming of said <br />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 />S-, <br />Member of the Common Council <br />PRFSENTED q -lq- / D <br />NOT APPROVED p <br />ADOPTED q l // / / K <br />Page 3 of 3 <br />Filed in Clerk's Office; <br />LS EL 4 1998 <br />LORETTA J. DUDA <br />CITY CLERK, SO. SEND, IN. <br />