Laserfiche WebLink
WHEREAS, the Human Resources and Economic Development <br /> Committee of the Common Council has reviewed said report and <br /> recommended to the Common Council that the area qualifies as an <br /> Economic Revitalization Area. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council <br /> of the City of South Bend, Indiana, as follows : <br /> 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 desig- <br /> nated an Economic Revitalization Area and hereby adopts a <br /> resolution designating this area as an Economic Revitalization <br /> Area for purposes of real property tax abatement. <br /> SECTION II . That this designation shall be limited to <br /> two (2) calendar years from the date of the adoption of this <br /> Resolution by the Common Council . <br /> SECTION III . That the Common Council directs the City <br /> Clerk 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. The Abatement deduction shall be for <br /> three (3) years . This determination is made under the <br /> authority of I .C. 6-1. 1-12. 1-3 . <br /> SECTION V. 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 /> , � ∎L/ + / <br /> femberf'o the Commongiouncf1 <br /> PRESENTED 7-a 7- 17 <br /> NOT APPROVED aced In Clerk's Officio <br /> ADOPTED 7-a 7-3',7 <br /> JUL 221987 <br /> Ern nvimom <br />