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SECTION V. The designation as an Economic Revitalization Area shall be limited to two (2) <br />calendar years from the date of the adoption of this Resolution by the Common Council. <br />SECTION Vl. The Common Council hereby determines that the property owner is qualified <br />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 of <br />this Declaratory Resolution for Real Property Tax Abatement to be published, said publication pro- <br />viding notice of 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 by <br />the Common Council and approval by the Mayor. <br />[IT, <br />gdrE'a : /o —/o _S-R <br />NOT APPRCVEC <br />ADOPTED / p - 10 - a !�-, a-O� <br />Common Council <br />OCT 5 1988 <br />