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designation is for personal property tax abatement only, and is <br />limited to two (2) calendar years from March 1, 1992. <br />Specifically, such designation is intended to apply to the Eagle <br />Jumbo 1400 Close Circuit Portable Crushing Machine installed by <br />Concrete & Asphalt Recycling, Inc. on or about March 6, 1992. <br />SECTION II. The Common Council hereby determines that the property <br />owner is qualified for and is granted personal property tax <br />deductions for a period of five (5) years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the <br />Municipal Code of the City of South Bend and Indiana Code 6 -1.1- <br />12.1, et sue. <br />SECTION III. This Resolution shall be in full force and effect <br />from and after its adoption by the Common Council and approval by <br />the Mayor, and is intended to benefit the taxpayer, Concrete & <br />Asphalt Recycling, Inc. retroactively. <br />2. <br />PRESENTED -ly 9S <br />NOT APPROVED <br />ADOPTED <br />Menv4rcommon Council <br />Filed in Clerk's Off{ce <br />JUL 18 M5 <br />IRENEGAMMON <br />C1TYCLEPK,S0.®EW0,W <br />