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SECTION IV. The Common Council determines that such designation is for personal <br />property tax abatement only and shall be limited to two (2) calendar years from <br />the date of the adoption of this Resolution by the Common Council. <br />SECTION V. The Common Council hereby determines that the property owner is <br />qualified for and is granted property tax deduction for a period of five (5) <br />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 <br />of 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 <br />its adoption by the Common Council and approval by the Mayor. <br />PRESENTED 12 � X � / 1 <br />NOT APPROVED <br />AmPT® 12-8-�7 <br />C/ <br />Member of the Common Cou cil <br />Filed in Clerk's Office <br />aa)-- <br />