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WHEREAS , the Redevelopment Commission has concluded an <br /> investigation and prepared a report with information sufficient <br /> for the Common Council to determine that the area qualifies as an <br /> Economic Revitalization Area under Indiana Code 6-1. 1-12. 1-1, et <br /> seq . , and has further prepared maps and plats showing the <br /> boundaries and such other information as required by law of the <br /> area in question ; and <br /> 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 of the <br /> City of South Bend , Indiana, as follows : <br /> SECTION I. That the Common Council hereby accepts the report <br /> and recommendation of the Human Resources and Economic Development <br /> Committee that the area herein described be designated an Economic <br /> Revitalization Area and hereby adopts a Resolution designating <br /> this area as an Economic Revitalization Area for purposes of Real <br /> Property Tax Abatement. <br /> SECTION II . That this designation shall be limited to Six <br /> ( 6 ) 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 Clerk <br /> to cause notice of the adoption of this Resolution to be <br /> published , said publication providing notice of the Public Hearing <br /> before the Common Council on said Declaration. <br /> SECTION IV. That this Resoltuion shall be in full force and <br /> effect from and after its adoption by the Common Council and <br /> approval by the Mayor . <br /> 7'_' 2/(C C <br /> Member of the jmmon Council <br /> PRESENTED /2-8- <br /> NOT APPROVED <br /> ADOPTED <br /> Page 2 of 2 Pages <br />