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Revitalization Area for the purposes of property tax abatement. Such designation is for real <br />property tax abatement only and is limited to two and one -half (21/2) calendar years from <br />the date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is qualified <br />for and is granted real property tax deduction for a period of six (6) 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 sue. <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 thr Mavnr <br />ffiS01214 /ffiS 16301 <br />C WWED <br />APPROVED <br />ADOPTED <br />-2- <br />Filed In Clerk's Office <br />MAV 1 2 1991 <br />IRENE GAMMON <br />CITY CLERK, SO. BAND, IN. <br />