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REGULAR MEETING <br />APRIL 14, 2014 <br />SECTION VI. The Common Council hereby determines that the property owner is qualified for <br />and is granted property tax deduction for a period of up to seven (7) years as shown by the <br />attachment pursuant to Indiana Code 6- 1.1- 12.1 -17. <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of <br />this Declaratory Resolution for Rest Property Tax Abatement to he published pursuant to Indiana <br />Code § 5 -3 -1 and Indiana Code § 6 -1.1- 12.1 -2.5, said publication providing notice of the public <br />hearing before the Common Council on the proposed confirming of said declaration. <br />SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by <br />the Common Council and approval by the Mayor. ---\ <br />PRESENTED 2 <br />R Yo 1 3 a a 14 <br />NOT APPROVED <br />kDOPTED ) _- 1A--1 I <br />IM <br />Councilmember Gavin Ferlic, Chairperson, Community Investment met this afternoon and sends <br />this bill to full Council with a favorable recommendation. <br />Presentation: Richard Tinley- 3821 Claxton St. - I'm looking rehabilitee the facility at 5024 <br />Western Ave in the amount of $326 million dollars. The tax abatement will create up to 100 jobs, <br />10 <br />