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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 VL The Common Council hereby determines that the property owner is <br />qualified 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 of <br />the public hearing before the Common Council on the proposed confirming of said <br />declaration. <br />SECTION VIIL 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 />PRESENTED 5 -A q,lj <br />NOT APPROVED <br />ADOPTEDS )pj_Ct6 YES �meN8M <br />Member of the Common Council <br />Filed In Clerk's Office <br />MAY 16 1996 <br />LORETTA J. DUDA <br />CITY CLERK, SO. BEND. Pit. <br />