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SECTION I. The Common Council hereby confirms its Declaratory <br />Resolution designating the area described herein as an Economic <br />Revitalization Area for the purposes of tax abatement. such <br />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 <br />Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the <br />property owner is qualified for and is granted Real property tax <br />deduction for a period of ten (10) years, and further determines that <br />the petition complies with Chapter 2, Article 6, of the Municipal Code <br />of 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 <br />and after its adoption by the Common Council and approval by the <br />Mayor. <br />l s€ T 3 /a s/9 4.1 <br />NOT APPROVED <br />ADOPTED 3 /a g /9' G <br />Filed in Clerk's Office <br />E � '� 1994 <br />6PTY Cker.'Yi, �. 6 @ND. IN. <br />