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SECTION V. The designation as an Economic Revitalization Area shall be limited to two <br />(2) calendar 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 <br />qualified for and is granted property tax deduction for a period of three (3) years. <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption <br />of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant <br />to Indiana Code 5 -3 -1 and Indiana Code 6 -1.1- 12.1 -2.5, said publication providing notice of <br />the public hearing before the Common Council on the proposed confirming of said <br />declaration. <br />SECTION VIII. 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 />EJS02278 <br />-PRESENTED le6l93 <br />NOT APPROVED <br />ADOPTED j a--L- ( 3 - �! 3 <br />Member of the Common Council <br />Filed In Clerk's Office <br />N 0 V 1 8 1993 <br />UIENEaiWMON <br />CIft'CLW11C, 00- W^ K <br />