Laserfiche WebLink
SECTION V. The designation as an Economic Revitalization Area shall be limited to two (2) calendar <br />years from the date of the adoption of this Resolution by the Common Council. <br />SECTION VI. The Common Council hereby determines that the property owner is qualified for and is <br />granted property tax deduction for a period of ten (10) years. <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of this <br />Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana Code § 5- <br />3-1 and Indiana Code § 6 -1.1- 12.1 -2.5, said publication providing notice of the public hearing before <br />the Common Council on said declaration. <br />SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approval by the Mayor. <br />PRESENTED <br />NOT APPROVED <br />ADOPTED /0 -23 -96 <br />Member of the Common Conn! <br />