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SECTION V. The designation as an Economic Revitalization Area shall be limited to <br />two (2) calendar years from the date of the adoption of this Resolution by the Common <br />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 <br />adoption of this Declaratory Resolution for Real Property Tax Abatement to be published <br />pursuant to Indiana Code § 5-3-1 and Indiana Code § 6-1.1-12.1-2.5, said publication <br />providing notice of the public hearing before the Common Council on the proposed <br />confirming of said declaration. <br />SECTION VIII. This Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approval by the Mayor. <br />~~ <br />Member of the Common dour ncil <br /> <br />~~~s~,tTte~ ,,~ -lL-~~ <br />i~GT l-~pPRO~fEGs <br />~G:tliti i Ce'.+4v'17 bei t31t.j t ~ ter <br />i <br />filed ire ~,~~til`E~.':= t~t~~~~~ <br />J i~ ~ ~ =.. ._ ~.. <br />Joiyh~ VC1GE~~~E <br />CITY CL"crti, u0. CEi~D, iN. <br />;a,~o~T~~ <br />