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SECTION I. The Common Council hereby confnms its Declaratory Resolution designating <br />the area described herein as an Economic Revitalization Area for the purposes of tax <br />abatement. Such designation is for Real property tax abatement only and is limited to two (2) <br />calendar years from the date of adoption of the Declaratory Resolution by the Common <br />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 ten (10) years, and further <br />determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the <br />City of South Bend and Indiana Code 6-1.1-12.19 t sea. <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption by <br />the Common Council and approved by the Mayor. <br />ember of th ommon Council <br />ML:txabres2 <br />Revised 11/26/90 <br />Filed in Clerk's offflc-c <br />PRESENTED <br />NOT APPROVED <br />ADOPTED /29_//_43 <br />