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Re: Resolution /Property Tax Abatement <br />For: Business Systems, Inc. Page 3 <br />SECTION V. The designation as an Economic Revitalization Area <br />shall be limited to two (2) calendar years from the date of <br />the adoption of this Resolution by the Common Council. <br />SECTION VI. The Common Council hereby determines that the <br />property owner is qualified for and is granted property tax <br />deduction for a period of three (3) years. <br />SECTION VII. The Common Council directs the City Clerk to <br />cause notice of the adoption of this Declaratory Resolution <br />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 <br />publication providing notice of the public hearing before the <br />Common Council on the proposed confirming of said <br />declaration. <br />SECTION VIII. This Resolution shall be in full force and <br />effect from and after its adoption by the Common Council and <br />approval by the Mayor. <br />PRESENTED (n - 15 <br />NOT APPROVED <br />ADOPTED . ---) AS AmevL- <br />M e he Common Council <br />flied in Glade`s ®ffdoe <br />JUU f 3 <br />