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NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the <br />area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for erp sonal property tax abatement only and is limited to two (2) calendar <br />years from the date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION 11. The Common Council hereby determines that the property owner is qualified for <br />and is granted erp sonal property tax deduction for a period of five (5) years, and further <br />determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City <br />of South Bend and Indiana Code 6 -1.1 -12.1 et seq. <br />SECTION III. This resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approval by the Mayor. <br />Mlislfi O a <br />NOT APPROVE6 <br />ADOP FcD //- 9 -!Pa <br />Member of the Common Council <br />Filed in Cle,k's Q icefficef� <br />