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SECTION I . That the Common Council hereby accepts the <br /> report and recommendation of the Human Resources and Economic <br /> Development Committee that the area herein described be <br /> designated an Economic Revitalization Area and hereby adopts a <br /> resolution designating this areas as an Economic Revitalization <br /> Area for purposes of real property tax abatement. <br /> SECTION II. That this designation shall be limited to six <br /> ( 6 ) calendar years after the adoption of this Resolution by the <br /> Common Council. <br /> SECTION III. That the Common Council directs the City Clerk <br /> to cause notice of the adoption of this resolution to be <br /> published, said publication providing notice of the public <br /> hearing before the Common Council on said declaration. <br /> Section IV. This Resolution shall be in full force and <br /> effect from and after its adoption by the Common Council and <br /> approval by the Mayor. <br /> i/ \/ <br /> (embt - of t 'e Common Co �t it <br /> riled In Clerk's Office <br /> PRESENTED 7_/3-'7 JUL 81987 �9 <br /> NOT APPROVED IRENE GAMMON <br /> ADOPTED 7'I 3 -11 CITY CLERK, SO, BEND, IN. <br /> 2 <br />