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SECTION 1. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for <br />the purposes of tax abatement. Such designation is for Real Property Tax <br />abatement only and is limited to two (2) calendar years from the date of <br />adoption of the Declaratory Resolution by the Common Council. <br />SECTION 2: The Common Council hereby determines that the property owner is <br />qualified for and is granted Real Property Tax deduction for a period of <br />three (3) years, and further determines that the petition complies with <br />Chapter 2, Article 6, of the Municipal Code of South Bend and Indiana Code <br />6 -1.1 -12.1 et seq. <br />SECTION 3. This Resolution shall be in full force and effect from and after <br />its adoption by the Common Council and approval by the Mayor. <br />PRESENTED '-23 -q6 <br />NOT APPROVED <br />ADOPTED / —Z," <br />Member of the Common Council <br />2 <br />Filed €1:n C�v -,,Ce <br />DEC 1 6 1994 <br />MEW <br />