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NOW, THEREFORE, BE IT RESOLVED by the Common Council of the <br />City of South Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory <br />Resolution and its Confnmatory Resolution designating the area described herein as <br />an Economic Revitalization Area for the purposes of property tax abatement. Such <br />designation is for Real property tax abatement only and is limited to three (3) calendar <br />years from the date of adoption of the Declaratory Resolution by the Common <br />Council. <br />SECTION II. The Common Council hereby determines that the property <br />owner is qualified for and is granted Real property tax deduction for a period of three <br />(3) years, and further determines that the petition complies with Chapter 2, Article 6, <br />of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et sea. <br />SECTION M. This Resolution shall be in full force and effect from and after <br />its adoption by the Common Council and approved by the Mayor. <br />Member of the Common Counc' <br />H:\ HOME\ MBEITZIN\ WP \TAXABATE\ABATFS96 \GOULD3.RES <br />PRESENTED // <br />NOT APPROVED <br />ADOPTED /1 -- 9� As AMeAaD By . VJe6TInool / <br />Filed in Clerk's Off Ice <br />NOV � 5 1996 <br />LORMAJ. DUDA <br />CITY CLERK, 9O. BEND, IN. <br />