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• <br /> in as an Economic Revitalization Area for the purposes of tax <br /> abatement. Such designation is for real property tax abatement <br /> only and is limited to real property improvements made with two <br /> (2) calendar years from the date of adoption of the Declaratory <br /> Resolution by the Common Council . <br /> SECTION II . The Abatement deduction shall be for <br /> three (3) years . Such determination is made under the <br /> authority of I .C. 6-1. 1-12 . 1-3 . <br /> SECTION III . This Resolution shall be in full force <br /> and effect from and after its adoption by the Common Council <br /> and approval by the Mayor. I <br /> ff . o the Common Co/ cil <br /> ., �,,,. ' Pte• <br /> e i bt i s O fic%:.. <br /> PRESENTED 6- 7 <br /> JUN 21987 <br /> NOT APPROVED <br /> IRENF CAMMOk <br /> ADOPTED ( - <br /> CM CLERK, 3s. a <br /> u <br /> -2- <br />