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as an Economic Revitalization Area; and <br /> WHEREAS, notice of the adoption of a Declaratory <br /> Resolution and the public hearing before the Council has been <br /> published pursuant to Indiana Code 6-1 . 1-12. 1-2-5; and <br /> WHEREAS, the Council held a public hearing for the <br /> purposes of hearing all remonstrances and objections from inter- <br /> est persons; and <br /> WHEREAS, the Council has determined that the qualifica- <br /> tions for an economic revitalization area have been met. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of <br /> the 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 <br /> an Economic Revitalization Area for the purposes of tax abate- <br /> ment. Such designation is for personal property tax abatement <br /> only and is limited to five- (5) calendar years from the date of <br /> adoption of 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 /> r of the Co. on` Council <br /> 0 IN C;LtzKS O ftea: <br /> SEP 3 1986 <br /> ��. <br /> R N <br /> wY aF,a r^ n �`� ~.. <br /> -'ITV n rrny <br /> 9 cP Sfl <br /> ::ESENTED � <br /> DT APPROVE :; <br /> :.OPTED 9-8—n) <br /> 2. <br />