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SECTION I. The Common Council hereby confirms its Declaratory Resolution designating <br />the area described herein as an Economic Revitalization Area for the purposes of tax <br />abatement Such designation is for Real property tax abatement only and is limited to <br />two (2) calendar years from the date of adoption of the Declaratory Resolution by the <br />Common Council. <br />SECTION H. The Common Council hereby determines that the property owner is qualified <br />for and is granted Real property tax deduction for a period of three (3) years, and further <br />determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of <br />the City of South Bend and Indiana Code 6 -1.1 -12.1 et sea. <br />SECTION III, 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 <br />NOT APPROV0. <br />ADOPTED 9 --�j -t <br />u���la��• �nu�� � u <br />Red its CierWs Office <br />ES - t X95 <br />iaENEGAMMON i <br />CPTYCLERK, 30. SEND, W <br />