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as an Economic Revitalization Area ; and <br /> WHEREAS , notice of the adoption of a Declaratory Resolution <br /> and the Public Hearing before the Council has been published <br /> pursuant to Indiana Code 6-1. 1-12. 1-5; and <br /> WHEREAS , the Council held a Public Hearing for the purposes <br /> of hearing all remonstrances and objections from interested <br /> persons ; and <br /> WHEREAS , the Council has determined that the qualifications <br /> for an Economic Revitalization Area have been met. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the <br /> City of South Bend, Indiana, as follows : <br /> SECTION I . That the Common Council hereby confirms its <br /> Declaratory Resolution designating the area described herein as an <br /> Economic Revitalization Area for the purposes of Tax Abatement. <br /> Such designation is for Real Property Tax Abatement only and is <br /> limited to Six ( 6) calendar years from the date of adoption of <br /> the Declaratory Resolution by the Common Council. <br /> SECTION II . 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 /> /embe/ of Co . on Counci/' <br /> Filed in Clerk's Office <br /> JAN 71986 <br /> PRESENTED /-/a-S'7 <br /> NOT APPROVED !RENE GAMMOI( <br /> ADOPTED !--/a- S'7 CITY CLERK, SO. BEND, <br /> Page 2 of 2 Pages <br />